Finward Bancorp Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Acquisition Activity (Tables)

9 Months Ended

Sep. 30, 2020

ASSETS			*LIABILITIES*
Cash and due from banks	$	68,303	Deposits
Investment securities, available for sale		3,432	Non-interest bearing	$	24,502
			NOW accounts		10,712
Commercial		712	Savings and money market		68,875
Residential mortgage		85,635	Certificates of deposits		40,137
Multifamily		1,442	Total Deposits		144,226
Consumer		57
Total Loans		87,846
			Interest payable		50
Premises and equipment, net		3,542	Other liabilities		1,270
FHLB stock		512
Goodwill		2,939
Core deposit intangible		2,917
Interest receivable		351
Other assets		8,939
Total assets purchased	$	178,781
Common shares issued		17,492
Cash paid		15,743
Total purchase price	$	33,235	Total liabilities assumed	$	145,546