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

Annual report pursuant to Section 13 and 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Note 11 - Employees' Benefit Plans (Details Textual)

v3.21.1

Note 11 - Employees' Benefit Plans (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	6.50%	7.00%
Defined Contribution Plan, Cost	$ 948,000	$ 884,000
Deferred Compensation Liability, Current and Noncurrent, Total	235,000	226,000
Deferred Compensation Arrangement with Individual, Compensation Expense	8,000	10,000
Deferred Costs, Total	68,000	60,000
Deferred Fee Liability	$ 1,400	$ 1,300
Two Years Of Service [Member] \| Trust for Benefit of Employees [Member]
Defined Benefit Plan, Funded Percentage	40.00%
Three Years Of Service [Member] \| Trust for Benefit of Employees [Member]
Defined Benefit Plan, Funded Percentage	60.00%
Four Years Of Service [Member] \| Trust for Benefit of Employees [Member]
Defined Benefit Plan, Funded Percentage	80.00%
Five Years Of Service [Member] \| Trust for Benefit of Employees [Member]
Defined Benefit Plan, Funded Percentage	100.00%
Minimum [Member]
Defined Benefit Plan Employees Pre-tax Contributions	1.00%
Maximum [Member]
Defined Benefit Plan Employees Pre-tax Contributions	50.00%

- Definition

Aggregate carrying value as of the balance sheet date of the liabilities for all deferred fees payable.

+ References

No definition available.

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- Definition

Maximum amount, that the employee may contribute to a defined contribution plan before tax payments.

+ References

No definition available.

+ Details

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- Definition

The compensation expense recognized during the period pertaining to the deferred compensation arrangement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
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- Definition

Aggregate carrying value as of the balance sheet date of the liabilities for all deferred compensation arrangements. Represents currently earned compensation under compensation arrangements that is not actually paid until a later date.

+ References

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- Definition

The carrying amount of deferred costs.

+ References

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- Definition

Percentage of plan assets to benefit obligation of defined benefit plan.

+ References

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- Definition

Amount of cost for defined contribution plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 70
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942

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- Definition

Percentage of employees' gross pay for which the employer contributes a matching contribution to a defined contribution plan.

+ References

No definition available.

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