Finward Bancorp Annual report pursuant to Section 13 and 15(d)

Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2012

At year end, borrowed funds are summarized below:

	(Dollars in thousands)
	2012		2011
Fixed rate advances from the FHLB		28,000		31,000
Putable advances from the FHLB		5,000		5,000
Other		207		618
Total	$	33,207	$	36,618

At December 31, 2012, scheduled maturities of borrowed funds were as follows:

At year end, information concerning these retail repurchase agreements is summarized below:

	(Dollars in thousands)
	2012			2011
Ending balance	$	16,298		$	15,395
Average balance during the year		20,561			20,767
Maximum month-end balance during the year		25,278			24,258
Securities underlying the agreements at year end:
Carrying value		28,002			26,622
Fair value		28,002			26,622
Average interest rate during the year		0.38	%		0.51	%
Average interest rate at year end		0.31	%		0.43	%

At year-end, advances from the Federal Home Loan Bank were as follows:

	(Dollars in thousands)
	2012		2011

Fixed rate advances, maturing January 2013 through
December 2016 at rates from 0.49% to 2.65%; average rate: 2012 – 1.84%; 2011 – 1.95%	$	28,000	$	31,000
Putable advance, maturing February 2013 at a fixed rate of 2.62%		5,000		5,000

Tabular disclosure of advances by federal home loan bank by branch.