Finward Bancorp Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Finite-lived Intangible Assets Amortization Expense [Table Text Block]

The annual amortization for the twelve months ended December 31, is as follows:

(dollars in thousands)		First Federal				Liberty Savings				First Personal				Total
2017		$	12			$	58			$	-			$	70
2018			12				58				198				268

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

The expected future annual amortization for the twelve months ended December 31, as follows:

(dollars in thousands)		First Federal				Liberty Savings				First Personal				Total
2019		$	12			$	58			$	475			$	545
2020			12				58				475				545
2021			12				58				475				545
2022			1				58				475				534
2023			-				38				475				513
2024			-				-				470				470
Total		$	37			$	270			$	2,845			$	3,152