Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
−Removed: The Bancorp’s Common Stock is not listed on any national securities exchange, but rather is quoted in the over-the-market on the OTC Pink Marketplace, which is maintained by OTC Markets Group, Inc., under the symbol “NWIN.”
−Removed: The Bancorp’s stock is not actively traded.
−Removed: As of March 22, 2021, the Bancorp had 3,478,921 shares of common stock outstanding and 636 stockholders of record.
+Added: The Bancorp’s Common Stock is listed on the Nasdaq Capital Market under the symbol “FNWD.”
+Added: As of March 30, 2022, the Bancorp had 4,294,136 shares of common stock outstanding and 633 stockholders of record.
This does not reflect the number of persons or entities who may hold their stock in nominee or “street”
name through brokerage firms.
−Removed: Any over-the-counter market quotations reflect inter-dealer prices without retail mark-up, mark-down or commission and may not necessarily represent actual transactions.
On April 24, 2014, the Bancorp’s Board of Directors authorized a stock repurchase program to repurchase up to 50,000 shares of the Bancorp’s outstanding common stock, from time to time and subject to market conditions, on the open market or in privately negotiated transactions.
1 unchanged sentence
The stock repurchase program will be reviewed annually by the Board of Directors.
−Removed: No shares were repurchased during the twelve months ended December 31, 2020 under the stock repurchase program.
+Added: No shares were repurchased during the twelve months ended December 31, 2021 under the stock repurchase program.         
of Shares Purchased
1 unchanged sentence
Paid per Share
−Removed: Total Number of Shares
−Removed: Purchased as Part of
+Added: Total Number of Shares Purchased as Part of
Publicly Announced
6 unchanged sentences
January 31, 2021
−Removed:  N/A 
February 1, 2021 –
February 28, 2021
−Removed:  N/A 
March 1, 2021 –
March 31, 2021
−Removed:  N/A 
April 1, 2021 –
April 30, 2021
−Removed:  N/A 
May 1, 2021 –
−Removed:  N/A 
−Removed: June 1, 2020 – June 30, 2020
−Removed:  N/A 
+Added: June 1, 2021 –
+Added: June 30, 2021
July 1, 2021 –
July 31, 2021
−Removed:  N/A 
August 1, 2021 –
August 31, 2021
−Removed:  N/A 
September 1, 2021 –
8 unchanged sentences
Page 45 of 108
−Removed: Selected Financial Data
−Removed: Fiscal Year Ended
−Removed: Statement of Income:
−Removed: Total interest income
−Removed: Total interest expense
−Removed: Net interest income
−Removed: Provision for loan losses
−Removed: Net interest income after provision for loan losses
−Removed: Noninterest income
−Removed: Noninterest expense
−Removed: Net noninterest expense
−Removed: Income tax expenses
−Removed: Basic earnings per common share
−Removed: Diluted earnings per common share
−Removed: Cash dividends declared per common share
−Removed: Balance Sheet:
−Removed: Loans receivable
−Removed: Investment securities
−Removed: Borrowed funds
−Removed: Total stockholders' equity
−Removed: Interest Rate Spread During Period:
−Removed: Average effective yield on loans and investment securities
−Removed: Average effective cost of deposits and borrowings
−Removed: Interest rate spread
−Removed: Net interest margin
−Removed: Return on average assets
−Removed: Return on average equity
−Removed: Common equity tier 1 capital to risk-weighted assets
−Removed: Tier 1 capital to risk-weighted assets
−Removed: Total capital to risk-weighted assets
−Removed: Tier 1 capital to adjusted average assets
−Removed: Allowance for loan losses to total loans
−Removed: Allowance for loan losses to non-performing loans
−Removed: Non-performing loans to total loans
−Removed: Total loan accounts
−Removed: Total deposit accounts
−Removed: Total branches (all full service)
−Removed: Page 50 of 117
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.