Finward Bancorp · NASDAQ:FNWD
Finward Bancorp — Investor Presentation (November 2022)
24 slides from Finward Bancorp's investor presentation, Nov 2, 2022
Slide 1: Investor Presentation
> FINWARD BANCORP Investor Presentation Thursday, November 8, 2022
Slide 2: Finward Bancorp
Finward Bancorp > FINWARD BANCORP A NASDAQ Traded Company - Symbol FNWD BANCORP
Slide 3: Forward-Looking Disclosures
Noverber 3, 2022 Forward-Looking Disclosures Forward-Looking Statements This presertaton may contain forward-“cokng statements regarding the nance performance, business prospects, growth end operating strategies of Fnward Bancorp (the “Bancorp? For these statements, the Hancarp clans the protzctions
Slide 4: Quarterly Update
Noverber 3, 2022 (luarterly Update * Creditaf underlying securities is strong, nd itis unlikely the Bancanp willbe * Announced casing 8 branches by Dacember SI, 2022 to bring tatl branch count required to sell the investments before recovery oftheir amortized cost basis, to 26 expectnoninterestexpen
Slide 5: Overview of Finward Bancorp
Noverber 3, 2022 Overview of Finward Bancorp Company Overview ‘2-year old bark headquartered in Munster Indiana Commurity bank wth core competency in commercial lending funded by @ formidable, low-cost care deposit franchise Named a Best Bank to Work for in America fr 205-2020 as wel asa Tap 200 Com
Slide 6: Investment Rationale
Noverber 3, 2022 Investment Rationale 3.356 TRV + Dividend CABR since year-end 2013 8.456” when excluding impact af ADL!) nt and bu: Robust & Disciplined Growth Supporting Strong Profitability Emphasc on oxpncing both wealth manage ess banking * Organic grovth enhanced by strategie acquistons expand
Slide 7: Corporate History
Noverber 3, 2022 size fac | E i‘ i Em Eu Corporate History pao AR ZH ‘Total Orga Assets ‘hegre bssets aes 778 “fl a 5 a $233 ERE EE EE Ee £m *Vanneaet + Competed «Menasha = General TaSekbamel = Comic = Compe omen = Ute MSDAL = Jy 212 trotontegen —"scnairolfict " mmedPredet df CEDt" PECHABanig, acqot
Slide 8: Executive Management Team
Novena Executive Management Team Years of Banking Year Started at Oiicer Experience Finward Bancorp Pasion vah Company Multi-generational leadership Benjamin J. 0 = Chief Executive Officer and Finward team with decades of combined Boctinowsk Bancorp President experience working tagether Robert T. Si
Slide 9: Diverse Board of Directors
Diverse Board of Directors Year shined Board Member Age Board David A Bochnawski ‘Dares t 77 Board Member fae Benjamin. Bochrawsk Anthony H Pontifa Ri (eed dependent Drecor = 2004 Robert E dohnson 52 206 Danette Garza 87 208 é Kenneth ¥.Krupincki % 2008 Robert W. Youn 59 mn > FINWARD 8 BANCORP
Slide 10: Disciplined and Experienced Acquirer
Noverber 3, 2022 Disciplined and Experienced Acquirar First Federal Savings \ Pat SlomAsrcitenet (erty Sees ke us tivcorre — Soya d i Ba Transaction sed =| Cosel esd =f sed =| Cased Date April 2014 1 duly 2015 1 July 2018 1 danuary 2019 1 January 2022 i 1 i} i Transaction I 1 I f | i 1 1 i Assets (S
Slide 11: Driving Service Excellence
Novena Driving Service Excellence ® Transitioning fram custamers and features to relationships and solutions * Focus on what clients need to thrive + Brmaden product/service offerings = Reduce complexity Drive r Reduce cycle time Efficiency = Improve sales growth ® Grow into new markets organically
Slide 12: Well-Balanced, Growing Loan Portfolio
Well-Balanced, Growing = Orgarielons BPP loins ‘Dtcqured Loans" ce eee ee Nard 1 Beadovrped eye (2) Notes nPop D>» FINWARD BANCORP Noverber 3, 2022 Loan Forttolio 03°22 Loan Portfolio by Collateral Type 24% 0.7% * Residential real estate eu 2% * Commercial realestate = Mukifaily = Construction and l
Slide 13: Conservative Approach to Credit
Noverber 3, 2022 Conservative Approach to Credit Earienced tanking team vith dap knowledge ofthe Chicago area market empowered tobe relationship bankers (not just lenders) Prudentrik identification and mitigation processesin place to proactively address risks in the loan portfolio Credit Philasaphy
Slide 14: Stable and Growing Core Deposit Franchise
Noverber 3, 2022 Stable and Growing Core Deposit Franchise rp Depots ‘Dc apne + Retail Time <SI00K Junto Tine 100K _ ee ee ee ee | 29% Cora! Cost of Deposits (%) Deposit Strategy au cet eer + Formidable and well estbished core deposit franchise provides low-cost soure of fonds OU% 008% O19% 029% 100
Slide 15: Core Earnings Power
Noverber 3, 2022 Core Earnings Power Sie Mies excentpr share marten mm LPH heme meme PS Strong earings continue to acrete to and build capital Loweast funding allows for utlizing the balance sheet efficiently Successful execution of MEA strategy resulting in realized synergies more than accounting f
Slide 16: Capital to Support Growth
Noverber 3, 2022 Capital to Support Growth Capital Management * Regulatory capital levels in excess of wel-capitalized requirements ** Tongible capital represented 4.5% of tangible assets on September 30, 2022 (a non~ GAP measure)!” Tengible capital, excluding accumulated other comprehensive losses,
Slide 17: Franchise Highlights
fil of Franchise Highlights ie and Invested Leadership icant experience in Chicago area markets . through substentil nership Meaningful Presence in Diverse, Dynamic Markets ‘© Benafiing fram Chicago's damographics and Indiana's business friendly anvironment ‘© Wall positioned to grow thraugh acquisi
Slide 18: Thank You
THANK YOU eee
Slide 19: Appendix
APPENDIX plete
Slide 20: Historical Financial Summary
Novena 3 Historical Financial Summary ‘YIDEnded ‘cal Year Ended Docombor 31 September 30 Sinthousande, excep pec share data 2022 ToRIAssos soxr 259 Si.000188 «$188.01 Sie2074s$2.052086 Loans, Net 612729 758438 07228 959377 11490,208, ‘Total Doposts 705.004 7% 41184370 4434201 11930,064 Tanghle Commo
Slide 21: Non-GAAP Reconciliation
d Non-GAAP Reconciliation D> FINWARD BANCORP
Slide 22: Non-GAAP Reconciliation
Non-GAAP Reconciliation D> FINWARD BANCORP
Slide 23: Non-GAAP Reconciliation
‘Non-GAAP Reconciliation D> FINWARD BANCORP
Slide 24: Non-GAAP Reconciliation
Non-GAAP Reconciliation D> FINWARD 4 BANCORP
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