Private company

FFBW, Inc. /MD/

FFBW, Inc. /MD/ is a savings institution company.¹ It is headquartered in Brookfield, Wisconsin.¹

Last updated Oct 21, 2026.

Overview

IndustrySavings Institution, Federally Chartered¹
HeadquartersBrookfield, Wisconsin¹
Business address1360 South Moorland Road, Brookfield, Wi 53005²
Filer category, Emerging growth company²

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income³⁴⁵$2.0M in 2021+87% since 2018

Fiscal year	2018	2019	2020	2021
Interest	$2.1M³	$2.8M⁴	$1.6M⁵	$989.0K⁵
Income before tax				$2.6M⁵
Income tax	$318.0K³	$502.0K⁴	$566.0K⁵	$646.0K⁵
Net income	$1.1M³	$1.6M⁴	$1.8M⁵	$2.0M⁵
Earnings per share	$0.17³	$0.21⁴	$0.26⁵	$0.31⁵
Earnings per share (diluted)	$0.17³	$0.20⁴	$0.26⁵	$0.31⁵
Shares (weighted, basic)				6.4M shares⁵
Shares (weighted, diluted)				6.5M shares⁵

Total assets³⁴⁵$357.1M in 2021+36% since 2018

Total liabilities³⁴⁵$263.1M in 2021+30% since 2018

Shareholders’ equity³⁴⁵$94.0M in 2021+58% since 2017

Cash³⁴⁵$67.0M in 2021+467% since 2017

Fiscal year	2017	2018	2019	2020	2021	2022
Cash	$11.8M³	$4.5M⁴	$39.4M⁴	$41.5M⁴	$67.0M⁵
Property, plant and equipment					$5.5M⁵
Total assets		$262.7M³	$292.2M⁴	$339.0M⁵	$357.1M⁵
Total liabilities		$202.4M³	$230.3M⁴	$235.7M⁵	$263.1M⁵
Retained earnings					$40.4M⁵
Shareholders’ equity	$59.5M³	$60.4M⁴	$61.9M⁵	$103.3M⁵	$94.0M⁵
Shares outstanding		6.7M shares³	7.7M shares⁴	7.7M shares⁵	6.7M shares⁵	6.3M shares⁵

Cash from operations³⁴⁵$4.4M in 2021+115% since 2018

Capital spending³⁴⁵$207.0K in 2021+90% since 2018

Free cash flow³⁴⁵$4.2M in 2021+117% since 2018

Share buybacks⁴⁵$11.3M in 2021+671% since 2019

Fiscal year	2018	2019	2020	2021
Cash from operations	$2.0M³	$2.7M⁴	$1.8M⁵	$4.4M⁵
Stock-based compensation				$393.0K⁵
Capital spending	$109.0K³	$96.0K⁴	$56.0K⁵	$207.0K⁵
Free cash flow	$1.9M	$2.6M	$1.8M	$4.2M
Cash from investing				$4.7M⁵
Share buybacks		$1.5M⁴	$0⁵	$11.3M⁵
Cash from financing				$16.5M⁵

Compare FFBW, Inc. /MD/ with another company

Corporate structure

FFBW, Inc. /MD/ sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of FFBW, Inc. /MD/

MALTESE CAPITAL MANAGEMENT LLC Filed SC 13G/A on FFBW, Inc. /MD/, latest Feb 14, 2023 (2 filings since Feb 14, 2022)
Warren A. Mackey Filed SC 13D/A on FFBW, Inc. /MD/, latest Mar 24, 2022

FFBW, Inc. /MD/ Brookfield, Wisconsin

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What FFBW, Inc. /MD/ reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Item	Latest	A year before	Change
Property and equipment, before depreciation	$8.2M⁵ Dec 31, 2021	$8.0M⁵ Dec 31, 2020	+2.6%
Accumulated depreciation	$2.7M⁵ Dec 31, 2021	$2.4M⁵ Dec 31, 2020	+12.1%
Property and equipment, net	$5.5M⁵ Dec 31, 2021	$5.6M⁵ Dec 31, 2020	−1.6%

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	$41.5M⁴ Dec 31, 2020	$39.4M⁴ Dec 31, 2019	+5.3%
Debt securities available for sale	$48.4M⁵ Dec 31, 2021	$64.2M⁵ Dec 31, 2020	−24.7%
Loans, net of allowance	$222.1M⁵ Dec 31, 2021	$214.7M⁵ Dec 31, 2020	+3.4%
Deposits held (banks)	$255.2M⁵ Dec 31, 2021	$226.5M⁵ Dec 31, 2020	+12.7%

Intangibles and goodwill

Item	Latest	A year before	Change
Finite-lived intangibles, gross	$530.0K⁵ Dec 31, 2021	$530.0K⁵ Dec 31, 2020	0%
Accumulated amortization	$2.0K⁵ Dec 31, 2021	$106.0K⁵ Dec 31, 2020	−98.1%

Leadership

Who has led FFBW, Inc. /MD/, and when. Pick a name to see everywhere that person has worked.

Chief executive

Edward H. Schaefer2020–2023

President

Edward H. Schaefer2020–2023

Chief financial officer

2025

Chief executive officerEdward H. Schaefer Jan 16, 2020 to Mar 16, 2023⁸
PresidentEdward H. Schaefer Jan 16, 2020 to Mar 16, 2023⁸
Chief financial officerNikola B. Schaumberg Jan 16, 2020 to Jan 16, 2020⁹
Chief financial officerSteven L. Wierschem Aug 24, 2020 to May 27, 2022¹⁰

Board members and other officers (11)

PAOLeann Eddingsaas May 28, 2021 to May 27, 2022¹¹
Board memberChristine A. Specht Jan 16, 2020 to May 27, 2022¹²
Board memberEdward H. Schaefer Jan 16, 2020 to Mar 16, 2023⁸
Board memberJames A. Tarantino Jan 16, 2020 to May 11, 2023¹³
Board memberJose A. Olivieri Jan 16, 2020 to May 27, 2022¹⁴
Board memberKathryn Gutenkunst Jan 16, 2020 to May 27, 2022¹⁵
Board memberMichael J. Pjevach Jan 16, 2020 to May 27, 2022¹⁶
Board memberThomas C. Martin Jan 16, 2020 to Jan 16, 2020¹⁷
Board memberDevona Wright Cottrell Jun 10, 2020 to May 27, 2022¹⁸
Board memberJames P. Lenahan Jun 10, 2020 to May 27, 2022¹⁹
Board memberJoanne Anton Jun 10, 2020 to May 18, 2023²⁰

Timeline

Jan 31, 20238-K Listing notice or transfer; Regulation FD disclosure²¹
Nov 21, 20228-K Executive or director change²²
Nov 3, 20228-K Results of operations²³
Sep 1, 20228-K Other events²⁴
Aug 10, 20228-K Results of operations²⁵
May 27, 20228-K Shareholder vote²⁶
May 10, 20228-K Results of operations; Other events²⁷
Apr 22, 20228-K Executive or director change²⁸
Mar 24, 20228-K Results of operations²⁹
Feb 2, 20228-K Regulation FD disclosure³⁰
Nov 3, 20218-K Results of operations³¹
Nov 3, 20218-K Regulation FD disclosure³²
Jan 16, 2020New chief executive Edward H. Schaefer becomes CEO⁸

Calendar

When it reported results

Nov 3, 2022Reported quarterly or annual results²³
Aug 10, 2022Reported quarterly or annual results²⁵
May 10, 2022Reported quarterly or annual results²⁷
Mar 24, 2022Reported quarterly or annual results²⁹
Nov 3, 2021Reported quarterly or annual results³¹

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

47 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 13 major events, 20 insider forms, 5 large holders, 4 other. The latest 20:

May 18, 20234 EDGAR
May 11, 20234 EDGAR
Mar 16, 20234 EDGAR
Mar 16, 20234 EDGAR
Feb 23, 2023S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 EDGAR
Feb 23, 202315-12G EDGAR
Feb 14, 2023SC 13G/A EDGAR
Feb 13, 2023SC 13G/A FFBW, INC. SCHEDULE 13G (AMENDMENT 2) DECEMBER 31, 2022 EDGAR
Feb 13, 202325 EDGAR
Jan 31, 20238-K EDGAR
Nov 21, 20228-K EDGAR
Nov 3, 202210-Q EDGAR
Nov 3, 20228-K EDGAR
Sep 1, 20228-K EDGAR
Aug 10, 20228-K EDGAR
Aug 10, 202210-Q EDGAR
May 27, 20224 EDGAR
May 27, 20224 EDGAR
May 27, 20224 EDGAR
May 27, 20224 EDGAR

The 47 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

6 open-market trades by officers, directors and large owners since October 2021: 6 buys and 0 sales. Grants, option exercises and gifts are left out.

Date	Who	Trade	Shares	Price	Value	Filing
May 17, 2023	Anton JoAnneDirector	Buy	500	$10.52	$5.3K	Form 4
May 9, 2023	Tarantino James A.Director	Buy	500	$10.78	$5.4K	Form 4
Mar 15, 2023	Tarantino James A.Director	Buy	500	$11.94	$6.0K	Form 4
Mar 15, 2023	Schaefer Edward HPresident and CEO	Buy	399	$11.95	$4.8K	Form 4
Dec 1, 2021	Tarantino James A.Director	Buy	500	$11.72	$5.9K	Form 4
Nov 30, 2021	Schaefer Edward HPresident and CEO	Buy	250	$11.75	$2.9K	Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

MALTESE CAPITAL MANAGEMENT LLCSC 13G/A, 2 filings Feb 14, 2022 to Feb 14, 2023³³
Warren A. MackeySC 13D/A, 1 filing Mar 24, 2022³⁴

SEC filer profile

How FFBW, Inc. /MD/ is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGARFFBW, Inc. /MD/¹
CIK0001787384
Employer ID (EIN)37-1962248¹
Filer status<br>emerging growth company¹
Fiscal year endsDecember 31¹
Industry code (SIC)6035 Savings Institution, Federally Chartered¹
Business address1360 South Moorland Road, Brookfield, WI 53005¹
Phone(262) 542-4448¹
Shares outstanding5,554,311 as of Oct 31, 2022⁷
Public float$66.2M as of Jun 30, 2021⁵
On EDGAR sinceSep 13, 2019¹
Filings141 in all: 4 (49), 8-K (38), 3 (15), 10-Q (9), SC 13G/A (4), 10-K (3), CORRESP (3), DEF 14A (3)¹
All 22 form types
424B3 (2), S-1/A (2), SC 13G (2), 15-12G (1), 25 (1), 8-A12B (1), CERT (1), EFFECT (1), S-1 (1), S-8 (1), S-8 POS (1), SC 13D (1), SC 13D/A (1), UPLOAD (1)
Latest filingsAnnual report (10-K) Mar 24, 2022
Quarterly report (10-Q) Nov 3, 2022
Proxy statement (DEF 14A) Apr 21, 2022
Latest 8-K (8-K) Jan 31, 2023

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARFFBW, Inc. /MD/ filings on SEC EDGAR
2
SEC EDGARFFBW, Inc. /MD/ filings on SEC EDGAR
3
SEC EDGARFFBW, Inc. /MD/ 10-K for fiscal 2018
4
SEC EDGARFFBW, Inc. /MD/ 10-K for fiscal 2019
5
SEC EDGARFFBW, Inc. /MD/ 10-K for fiscal 2020
6
SEC EDGARFFBW, Inc. /MD/ 10-Q for fiscal 2022
7
SEC EDGARFFBW, Inc. /MD/ 10-Q for fiscal 2022
8
SEC EDGAREdward H. Schaefer, Chief executive officer
9
SEC EDGARNikola B. Schaumberg, Chief financial officer
10
SEC EDGARSteven L. Wierschem, Chief financial officer
11
SEC EDGARLeann Eddingsaas, PAO
12
SEC EDGARChristine A. Specht, Board member
13
SEC EDGARJames A. Tarantino, Board member
14
SEC EDGARJose A. Olivieri, Board member
15
SEC EDGARKathryn Gutenkunst, Board member
16
SEC EDGARMichael J. Pjevach, Board member
17
SEC EDGARThomas C. Martin, Board member
18
SEC EDGARDevona Wright Cottrell, Board member
19
SEC EDGARJames P. Lenahan, Board member
20
SEC EDGARJoanne Anton, Board member
21
SEC EDGARListing notice or transfer; Regulation FD disclosure
22
SEC EDGARExecutive or director change
23
SEC EDGARResults of operations
24
SEC EDGAROther events
25
SEC EDGARResults of operations
26
SEC EDGARShareholder vote
27
SEC EDGARResults of operations; Other events
28
SEC EDGARExecutive or director change
29
SEC EDGARResults of operations
30
SEC EDGARRegulation FD disclosure
31
SEC EDGARResults of operations
32
SEC EDGARRegulation FD disclosure
33
SEC EDGARMALTESE CAPITAL MANAGEMENT LLC SC 13G/A on FFBW, Inc. /MD/
34
SEC EDGARWarren A. Mackey SC 13D/A on FFBW, Inc. /MD/