Finward Bancorp Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 12 - Fair Value - Fair Value of Financial Instruments (Details)

Note 12 - Fair Value - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Reported Value Measurement [Member]
Cash and cash equivalents	$ 71,780	$ 86,008
Loans held-for-sale	667	340
Loans receivable, net	1,489,446	1,493,827
Federal Home Loan Bank stock	6,547	6,547
Accrued interest receivable	7,583	8,045
Non-interest bearing deposits	296,959	295,594
Interest bearing deposits	1,450,519	1,517,827
Repurchase agreements	41,137	38,124
Borrowed funds	90,000	80,000
Accrued interest payable	712	3,065
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	71,780	86,008
Loans held-for-sale	675	349
Loans receivable, net	1,390,210	1,412,069
Federal Home Loan Bank stock	6,547	6,547
Accrued interest receivable	7,583	8,045
Non-interest bearing deposits	296,959	295,594
Interest bearing deposits	1,447,505	1,513,640
Repurchase agreements	40,893	37,938
Borrowed funds	89,822	79,791
Accrued interest payable	712	3,065
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	71,780	86,008
Loans held-for-sale	0	0
Loans receivable, net	0	0
Federal Home Loan Bank stock	0	0
Accrued interest receivable	0	0
Non-interest bearing deposits	296,959	295,594
Interest bearing deposits	919,195	985,710
Repurchase agreements	33,655	31,033
Borrowed funds	0	0
Accrued interest payable	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member]
Cash and cash equivalents	0	0
Loans held-for-sale	675	349
Loans receivable, net	0	0
Federal Home Loan Bank stock	6,547	6,547
Accrued interest receivable	7,583	8,045
Non-interest bearing deposits	0	0
Interest bearing deposits	528,310	527,930
Repurchase agreements	7,238	6,905
Borrowed funds	89,822	79,791
Accrued interest payable	712	3,065
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 3 [Member]
Cash and cash equivalents	0	0
Loans held-for-sale	0	0
Loans receivable, net	1,390,210	1,412,069
Federal Home Loan Bank stock	0	0
Accrued interest receivable	0	0
Non-interest bearing deposits	0	0
Interest bearing deposits	0	0
Repurchase agreements	0	0
Borrowed funds	0	0
Accrued interest payable	$ 0	$ 0