FFW Corporation Announces Earnings for the Quarter Ended September 30, 2025

WABASH, Ind., Oct. 29, 2025 (GLOBE NEWSWIRE) -- FFW Corporation (the “Corporation”) (OTC PINK: FFWC) (10/28/25 Close: $43.50), parent corporation of Crossroads Bank (the “Bank”), announced earnings for the quarter ended September 30, 2025.

For the three months ended September 30, 2025, the Corporation reported net income of $1,518,000 or $1.40 per common share compared to $1,243,000 or $1.09 per common share for the three months ended September 30, 2024. Net interest income for the three months ended September 30, 2025 was $4,514,000,000 compared to $3,782,000 for the three months ended September 30, 2024. Credit loss expense was $75,000 for the three months ended September 30, 2025 and $0 for the three months ended September 30, 2024. Total noninterest income was $1,268,000 for the three months ended September 30, 2025 compared to $1,280,000 for the three months ended September 30, 2024. Noninterest expense was $4,002,000 for the three months ended September 30, 2025 and $3,695,000 for the three months ended September 30, 2024.

The three months ended September 30, 2025 represented a return on average common equity of 11.90% compared to 9.89% for the three months ended September 30, 2024. The three months ended September 30, 2025 represented a return on average assets of 1.06% compared to 0.86% for the three months ended September 30, 2024.

The allowance for credit losses as a percentage of gross loans receivable was 1.34% at September 30, 2025 compared to 1.30% at September 30, 2024. Nonperforming assets were $7,416,000 at September 30, 2025 compared to $8,147,000 at June 30, 2025.

As of September 30, 2025, FFWC’s equity-to-assets ratio was 9.23% compared to 8.88% at September 30, 2024. Total assets at September 30, 2025 were $572,522,000 compared to $570,108,000 at June 30, 2025. Shareholders’ equity was $52,856,000 at September 30, 2025 compared to $49,944,000 at June 30, 2025. Crossroads Bank exceeds all applicable regulatory requirements to be considered “well capitalized.”

The Corporation has an active share repurchase program. During the quarter ended September 30, 2025, the Corporation repurchased 729 shares at an average price of $40.00. For more information regarding the share repurchase program, please contact Roger Cromer, President, at (260) 563-3185. The Corporation may suspend or discontinue repurchases at any time.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include expressions such as “expects,” “intends,” “believes,” and “should,” which are necessarily statements of belief as to the expected outcomes of future events. Actual results could materially differ from those presented. The Corporation's ability to predict future results involves a number of risks and uncertainties. The Corporation undertakes no obligation to release revisions to these forward-looking statements or reflect events or circumstances after the date of this release.

Crossroads Bank is a wholly owned subsidiary of FFW Corporation providing an extensive array of banking services and a wide range of investments and securities products through its main office in Wabash and six Indiana banking centers located in Columbia City, North Manchester, Peru, South Whitley, Syracuse and Warsaw. The Bank also provides leasing services at each of its banking centers. Insurance products are offered through an affiliated company, Insurance 1 Services, Inc. The Corporation’s stock is traded on the OTC Markets under the symbol “FFWC.” Our website address is . Crossroads Bank, Member FDIC.

FOR MORE INFORMATION Contact: Stacy Wiley, Treasurer, at (260) 563-3185