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 17 - Derivative Financial Instruments - Offset Assets (Details)

v3.21.1

Note 17 - Derivative Financial Instruments - Offset Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Gross amount of recognized assets	$ 4,012	$ 1,544
Gross amounts offset in the statements of financial condition	0	0
Net amount of assets presented in the statement of financial condition	4,012	1,544
Financial instruments	0	0
Cash collateral received	0	0
Net amount	4,012	1,544
Interest Rate Swap [Member]
Gross amount of recognized assets	3,638	1,358
Gross amounts offset in the statements of financial condition	0	0
Net amount of assets presented in the statement of financial condition	3,638	1,358
Financial instruments	0	0
Cash collateral received	0	0
Net amount	3,638	1,358
Interest Rate Lock Commitments [Member]
Gross amount of recognized assets	374	186
Gross amounts offset in the statements of financial condition	0	0
Net amount of assets presented in the statement of financial condition	374	186
Financial instruments	0	0
Cash collateral received	0	0
Net amount	$ 374	$ 186

- Definition

Fair value of liability associated with financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset.

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