|
Parent Company Only Statements (Tables)
|
12 Months Ended |
|
Dec. 31, 2012
|
| Condensed Financial Information Of Parent Company Only Disclosure [Abstract] |
|
| Schedule of Condensed Balance Sheet [Table Text Block] |
| |
|
(Dollars in thousands) |
|
| |
|
NorthWest Indiana Bancorp |
|
| |
|
Condensed Balance Sheets |
|
| |
|
December 31, |
|
| |
|
2012 |
|
|
2011 |
|
| Assets |
|
|
|
|
|
|
|
|
| Cash on deposit with Peoples Bank |
|
$ |
1 |
|
|
$ |
1,191 |
|
| Investment in Peoples Bank |
|
|
67,321 |
|
|
|
62,601 |
|
| Dividends receivable from Peoples Bank |
|
|
539 |
|
|
|
425 |
|
| Other assets |
|
|
405 |
|
|
|
127 |
|
| Total assets |
|
$ |
68,266 |
|
|
$ |
64,344 |
|
| |
|
|
|
|
|
|
|
|
| Liabilities and stockholders’ equity |
|
|
|
|
|
|
|
|
| Dividends payable |
|
$ |
539 |
|
|
$ |
425 |
|
| Other liabilities |
|
|
76 |
|
|
|
959 |
|
| Total liabilities |
|
|
615 |
|
|
|
1,384 |
|
| |
|
|
|
|
|
|
|
|
| Common stock |
|
|
361 |
|
|
|
361 |
|
| Additional paid in capital |
|
|
5,189 |
|
|
|
5,173 |
|
| Accumulated other comprehensive income |
|
|
2,339 |
|
|
|
2,536 |
|
| Retained earnings |
|
|
60,817 |
|
|
|
56,032 |
|
| Treasury stock |
|
|
(1,055 |
) |
|
|
(1,142 |
) |
| Total stockholders’ equity |
|
|
67,651 |
|
|
|
62,960 |
|
| Total liabilities and stockholders’ equity |
|
$ |
68,266 |
|
|
$ |
64,344 |
|
|
| Schedule of Condensed Income Statement [Table Text Block] |
| |
|
(Dollars in thousands) |
|
| |
|
NorthWest Indiana Bancorp |
|
| |
|
Condensed Statements of Income |
|
| |
|
Year Ended December 31, |
|
| |
|
2012 |
|
|
2011 |
|
| |
|
|
|
|
|
|
| Dividends from Peoples Bank |
|
$ |
2,044 |
|
|
$ |
1,699 |
|
| Operating expenses |
|
|
162 |
|
|
|
204 |
|
| Income before income taxes and equity in undistributed income of Peoples Bank |
|
|
1,882 |
|
|
|
1,495 |
|
| Income tax benefit |
|
|
(52 |
) |
|
|
(69 |
) |
| Income before equity in undistributed income of Peoples Bank |
|
|
1,934 |
|
|
|
1,564 |
|
| Equity in undistributed income of Peoples Bank |
|
|
4,919 |
|
|
|
3,821 |
|
| Net income |
|
$ |
6,853 |
|
|
$ |
5,385 |
|
|
| Schedule of Condensed Cash Flow Statement [Table Text Block] |
| |
|
(Dollars in thousands) |
|
| |
|
NorthWest Indiana Bancorp |
|
| |
|
Condensed Statements of Cash Flows |
|
| |
|
Year Ended December 31, |
|
| |
|
2012 |
|
|
2011 |
|
| |
|
|
|
|
|
|
| Cash flows from operating activities: |
|
|
|
|
|
|
|
|
| Net income |
|
$ |
6,853 |
|
|
$ |
5,385 |
|
| Adjustments to reconcile net income to |
|
|
|
|
|
|
|
|
| net cash provided by operating activities |
|
|
|
|
|
|
|
|
| Equity in undistributed net income of Peoples Bank |
|
|
(5,071 |
) |
|
|
(4,139 |
) |
| Deferred tax expense/(benefit) |
|
|
152 |
|
|
|
318 |
|
| Stock based compensation expense |
|
|
16 |
|
|
|
33 |
|
| Change in other assets |
|
|
(392 |
) |
|
|
(23 |
) |
| Change in other liabilities |
|
|
(883 |
) |
|
|
99 |
|
| Total adjustments |
|
|
(6,178 |
) |
|
|
(3,712 |
) |
| Net cash - operating activities |
|
|
675 |
|
|
|
1,673 |
|
| |
|
|
|
|
|
|
|
|
| Cash flows from investing activities |
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
| Cash flows from financing activities: |
|
|
|
|
|
|
|
|
| Dividends paid |
|
|
(1,928 |
) |
|
|
(1,699 |
) |
| Treasury stock purchased |
|
|
(78 |
) |
|
|
- |
|
| Proceeds from sale of treasury stock |
|
|
141 |
|
|
|
124 |
|
| Net cash - financing activities |
|
|
(1,865 |
) |
|
|
(1,575 |
) |
| Net change in cash |
|
|
(1,190 |
) |
|
|
98 |
|
| Cash at beginning of year |
|
|
1,191 |
|
|
|
1,093 |
|
| Cash at end of year |
|
$ |
1 |
|
|
$ |
1,191 |
|
|