Finward Bancorp : CONDENSED CONSOLIDATED FINANCIAL STATEMENTS – Form 8-K/A

Finward Bancorp : CONDENSED CONSOLIDATED FINANCIAL STATEMENTS – Form 8-K/A

CONDENSED CONSOLIDATED FINANCIAL STATEMENTS As of September 30, 2021 (unaudited) and June 30, 2021 and for the three-month period ended September 30, 2021 (unaudited) Royal Financial, Inc. Chicago, Illinois CONDENSED CONSOLIDATED FINANCIAL STATEMENTS September 30, 2021 and June 30, 2021 CONTENTS CONDENSED CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION 2 CONSOLIDATED STATEMENT OF INCOME … Read more

FINWARD BANCORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (Form 10-K)

FINWARD BANCORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (Form 10-K)

General The Bancorp’s earnings are dependent upon the earnings of the Bank. The Bank’s earnings are primarily dependent upon net interest margin. The net interest margin is the difference between interest income earned on loans and investments and interest expense paid on deposits and borrowings stated as a percentage of average interest earning assets. The … Read more