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FINW • CIK 0001856365
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Interest and Fee Income, Loans and Leases | $58,445 | $68,892 | $87,087 | $116,273 |
| Interest and Dividend Income, Securities, Operating | $338 | $897 | $1,489 | $1,385 |
| Other Interest and Dividend Income | $5,751 | $4,563 | $3,902 | $4,062 |
| Interest Income (Expense), Net | $54,559 | $58,912 | $72,183 | $100,014 |
| Interest and Dividend Income, Operating | $64,534 | $74,352 | $92,478 | $121,720 |
| Interest Income (Expense), after Provision for Loan Loss | $42,921 | $47,339 | $33,610 | $36,245 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $23,813 | $16,989 | $21,760 | $18,498 |
| Income Tax Expense (Benefit) | $6,353 | $4,247 | $5,669 | $4,826 |
| Net Income (Loss) Attributable to Parent | $17,460 | $12,742 | $16,091 | $13,672 |
| Weighted Average Number of Shares Outstanding, Basic | 12,488,564 | 12,612,455 | 12,828,016 | 13,145,236 |
| Weighted Average Number of Shares Outstanding, Diluted | 12,909,648 | 13,228,869 | 13,565,336 | 13,737,666 |
| Interest Expense, Deposits | $9,974 | $15,440 | $20,295 | $21,706 |
| InterestExpenseOperating | — | $15,440 | $20,295 | $21,706 |
| Gain (Loss) on Sales of Loans, Net | $1,684 | $2,036 | $6,373 | $6,976 |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | $-625 | $1,300 | $200 |
| Noninterest Income, Other Operating Income | $2,616 | $2,064 | $5,018 | $5,223 |
| Noninterest Income | $21,080 | $22,485 | $58,483 | $80,556 |
| Labor and Related Expense | $25,751 | $35,205 | $42,288 | $44,071 |
| Professional Fees | $4,961 | $4,736 | $3,630 | $3,799 |
| Occupancy, Net | $3,312 | $4,240 | $1,877 | $1,732 |
| Other Noninterest Expense | $6,540 | $8,646 | $12,783 | $13,223 |
| Noninterest Expense | $40,188 | $52,835 | $70,333 | $98,303 |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $288 | $390 | $705 | $457 |
| Net Income (Loss) Available to Common Stockholders, Basic | $17,172 | $12,352 | $15,386 | $13,215 |
| Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements | 343,642 | 491,036 | 572,431 | 429,349 |
| Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants | 77,442 | 125,378 | 164,889 | 163,081 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Cash and Due from Banks | $411 | $9,600 | $12,082 | $6,111 |
| Interest-bearing Deposits in Banks and Other Financial Institutions | $116,564 | $99,562 | $151,318 | $87,527 |
| Debt Securities, Available-for-sale | — | $29,930 | $27,755 | $27,546 |
| Cash and Cash Equivalents, at Carrying Value | $116,975 | $109,162 | $163,400 | $93,638 |
| DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss | $15,388 | $12,565 | $9,927 | $8,882 |
| Federal Home Loan Bank Stock | $238 | $349 | $440 | $600 |
| Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance | $47,514 | $91,588 | $146,473 | $175,217 |
| FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss | $358,560 | $447,812 | $541,551 | $514,501 |
| PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseAfterAccumulatedDepreciation | — | — | $2,540 | $2,540 |
| Property Subject to or Available for Operating Lease, Net | — | — | $12,575 | $11,107 |
| Interest Receivable | — | $3,566 | $3,707 | $3,707 |
| Deferred Income Tax Assets, Net | $0 | — | $2,345 | $2,848 |
| Servicing Asset at Amortized Cost | $4,231 | $3,273 | $3,547 | $3,801 |
| Equity Method Investments, Fair Value Disclosure | $4,200 | $7,700 | $9,000 | $9,000 |
| Operating Lease, Right-of-Use Asset | $4,293 | $3,564 | $2,963 | $2,963 |
| Income Taxes Receivable | $2,400 | $8,868 | $3,545 | $3,545 |
| Other Assets | $14,219 | $11,160 | $24,956 | $59,666 |
| Assets | $586,221 | $745,976 | $977,135 | $925,311 |
| Interest Payable | $619 | $1,494 | $2,632 | $2,632 |
| Taxes Payable | — | $4,423 | $837 | $837 |
| Deferred Income Tax Liabilities, Net | $748 | $899 | $0 | $0 |
| Operating Lease, Liability | $6,296 | $5,302 | $4,408 | $4,408 |
| Other Liabilities | $16,606 | $15,122 | $21,502 | $32,321 |
| Liabilities | $431,165 | $572,256 | $783,940 | $726,120 |
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 |
| Common Stock, Value, Issued | $12 | $13 | $14 | $14 |
| Additional Paid in Capital, Common Stock | $51,200 | $56,926 | $60,958 | $62,359 |
| Retained Earnings (Accumulated Deficit) | $103,844 | $116,594 | $132,197 | $136,804 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | $187 | $26 | $14 |
| Stockholders' Equity Attributable to Parent | $155,056 | $173,720 | $193,195 | $199,191 |
| Noninterest-bearing Deposit Liabilities | $95,486 | $126,782 | $168,442 | $118,926 |
| Interest-bearing Deposit Liabilities | $309,347 | $418,170 | $586,119 | $574,873 |
| Deposits | $404,833 | $544,952 | $754,561 | $693,799 |
| Restricted Cash, Current | — | $3,100 | $4,100 | $4,000 |
| Debt Securities, Available-for-sale, Allowance for Credit Loss | — | $0 | $0 | $0 |
| Debt Securities, Available-for-sale, Amortized Cost | — | $30,027 | $27,531 | $27,521 |
| Debt Securities, Held-to-maturity, Fair Value | $13,809 | $11,057 | $8,982 | $7,866 |
| FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest | $12,888 | $13,176 | $36,796 | $47,435 |
| Property Subject to or Available for Operating Lease, Accumulated Depreciation | — | — | $4,715 | $5,700 |
| Preferred Stock, Shares Authorized | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 |
| Preferred Stock, Shares Issued | 0 | 0 | 0 | 0 |
| Common Stock, Shares Authorized | 40,000,000 | 40,000,000 | 40,000,000 | 40,000,000 |
| Common Stock, Shares, Issued | 12,493,565 | 13,211,640 | 13,655,961 | 13,687,680 |
| Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability | $19,775 | $26,395 | $340,677 | $364,644 |
| DerivativeLiabilityAfterOffsetSubjectToMasterNettingArrangement | — | — | $148 | $32 |
| DerivativeAssetAfterOffsetSubjectToMasterNettingArrangement | — | $509 | $509 | $81 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Net Income (Loss) Attributable to Parent | $17,460 | $12,742 | $16,091 | $13,672 |
| Net Cash Provided by (Used in) Operating Activities | $12,265 | $-14,991 | $-28,424 | $5,533 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $-7,813 | $54,238 | $3,538 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $116,975 | $109,162 | $163,400 | $140,075 |
| Depreciation, Depletion and Amortization, Nonproduction | $3,811 | $5,289 | $4,864 | $4,714 |
| Payments for (Proceeds from) Loans Receivable | $114,902 | $64,995 | $188,176 | $184,826 |
| Financing Receivable, Credit Loss, Expense (Reversal) | $11,638 | $11,573 | $38,573 | $63,769 |
| Payments to Acquire Leases Held-for-investment | — | $35,831 | $44,362 | $37,166 |
| Operating Lease, Right-of-Use Asset, Amortization Expense | $748 | $729 | $601 | $797 |
| Proceeds from Sale of Loans Held-for-investment | — | — | $105,863 | $114,174 |
| Accretion (Amortization) of Discounts and Premiums, Investments | $-1 | $25 | $18 | $-7 |
| Proceeds from Sale of Machinery and Equipment | — | — | $468 | $-325 |
| Other Noncash Income (Expense) | — | — | $2,015 | $2,183 |
| Payments to Acquire Debt Securities, Available-for-sale | — | $30,018 | $0 | $0 |
| Gain (Loss) on Sale of Loans and Leases | $1,684 | $2,036 | $6,373 | $6,976 |
| Payments to Acquire Property, Plant, and Equipment | $7,458 | $4,895 | $219 | $48 |
| Payments for Origination and Purchases of Loans Held-for-sale | — | $4,829,497 | $5,719,396 | $6,192,355 |
| Payments to Acquire Equipment on Lease | — | — | $5,548 | $-615 |
| Proceeds from Collection of Loans Held-for-sale | $4,053,929 | $4,785,423 | $5,665,342 | $6,165,116 |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | — | $2,500 | $2,500 |
| Unrealized Gain (Loss) on Investments | — | $-625 | $1,300 | $200 |
| Proceeds from Maturities, Prepayments and Calls of Held-to-maturity Securities | $1,843 | $2,839 | $2,653 | $2,376 |
| Payments for (Proceeds from) Federal Home Loan Bank Stock | $-210 | $111 | $91 | $142 |
| Share-based Payment Arrangement, Noncash Expense | $2,046 | $2,046 | $3,579 | $3,931 |
| Net Cash Provided by (Used in) Investing Activities | $-152,870 | $-132,379 | $-126,912 | $-60,236 |
| Increase (Decrease) in Deferred Income Taxes | $-1,915 | $-90 | $3,192 | $2,227 |
| Increase (Decrease) in Accrued Interest Receivable, Net | $1,755 | $-7 | $141 | $141 |
| Increase (Decrease) in Deposits | $161,835 | $140,119 | $209,609 | $58,625 |
| Increase (Decrease) in Other Operating Assets | $6,448 | $1,770 | $6,009 | $19,176 |
| Payments for Repurchase of Common Stock | $4,741 | $461 | $0 | $421 |
| Increase (Decrease) in Interest Payable, Net | $565 | $875 | $1,138 | $1,138 |
| Proceeds from Stock Options Exercised | $44 | $25 | $481 | $640 |
| IncreaseDecreaseInOperatingLeaseLiability | $-724 | $-994 | $-894 | $-894 |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $516 | $603 |
| Increase (Decrease) in Other Operating Liabilities | $8,544 | $1,066 | $2,102 | $8,106 |
| Repayments of Long-term Lines of Credit | — | $126 | $0 | $0 |
| Net Cash Provided by (Used in) Financing Activities | $157,013 | $139,557 | $209,574 | $58,241 |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $9,410 | $14,565 | $19,157 | $23,047 |
| Other Significant Noncash Transaction, Value of Consideration Given | — | $4,125 | $0 | $0 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect | $16,408 | — | — | $10,181 |