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Finward Bancorp (FNWD)

Finward Bancorp (FNWD)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  09-2023 06-2023 03-2023 12-2022 09-2022
Cash Flows From Operating Activities
Net Income 6,869 4,678 2,240 15,080 11,122
Depreciation Amortization 5,076 3,316 1,078 5,968 4,695
Income taxes - deferred N/A N/A N/A 1,187 N/A
Other Working Capital 8,499 7,604 -105 -6,205 -4,418
Loans -523 -293 -130 3,302 3,867
Other Operating Activity 2,451 1,842 868 -1,602 -3,630
Operating Cash Flow $22,372 $17,147 $3,951 $17,730 $11,636
Cash Flows From Investing Activities
Change In Deposits 2,456 2,456 N/A -502 -260
PPE Investments -784 -458 -217 -1,233 -962
Net Acquisitions N/A N/A N/A 33,799 33,799
Purchase Of Investment -123 -123 N/A -32,418 -30,421
Sale Of Investment 11,426 7,497 3,675 95,477 92,754
Net Loans -12,612 -20,294 -6,433 -96,661 -85,164
Other Investing Activity 0 0 0 407 314
Investing Cash Flow $363 $-10,922 $-2,975 $-1,131 $10,060
Cash Flows From Financing Activities
Change In Short Term Borrowing 32,807 30,899 12,920 922 7,385
Debt Issued 150,000 150,000 100,000 120,000 56,174
Debt Repayment -170,000 -120,000 -120,000 N/A N/A
Dividend Paid -4,000 -2,667 -1,333 -5,075 -3,742
Other Financing Activity -196 -196 -157 -120 -120
Financing Cash Flow $17,631 $78,166 $22,523 $-18,493 $-16,576
Beginning Cash Position 31,282 31,282 31,282 33,176 33,176
End Cash Position 71,648 115,673 54,781 31,282 38,296
Net Cash Flow $40,366 $84,391 $23,499 $-1,894 $5,120
Free Cash Flow
Operating Cash Flow 22,372 17,147 3,951 17,730 11,636
Capital Expenditure -784 -458 -217 -3,031 -2,656
Free Cash Flow 21,588 16,689 3,734 14,699 8,980
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