Finward Bancorp Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Note 16 - Fair Value of Financial Instruments - Assets Measured at Fair Value on a Recurring Basis (Details)

Note 16 - Fair Value of Financial Instruments - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Derivative Assets	$ 5,568	$ 5,626
Total securities available-for-sale	333,554	371,374
Interest rate swap contracts	5,486	5,591
US Government-sponsored Enterprises Debt Securities [Member]
Total securities available-for-sale	8,061	7,883
Collateralized Mortgage Obligations and Residential Mortgage Backed Securities [Member]
Total securities available-for-sale	109,325	123,464
US States and Political Subdivisions Debt Securities [Member]
Total securities available-for-sale	214,749	238,670
Collateralized Debt Obligations [Member]
Total securities available-for-sale	1,419	1,357
Interest Rate Swap [Member]
Derivative Assets	5,486	5,591
Interest rate swap contracts	5,486	5,591
Fair Value, Recurring [Member]
Total securities available-for-sale	333,554	371,374
Fair Value, Recurring [Member] \| Interest Rate Lock Commitments [Member]
Derivative Assets	82	35
Fair Value, Recurring [Member] \| US Government-sponsored Enterprises Debt Securities [Member]
Total securities available-for-sale	8,061	7,883
Fair Value, Recurring [Member] \| Collateralized Mortgage Obligations and Residential Mortgage Backed Securities [Member]
Total securities available-for-sale	109,325	123,464
Fair Value, Recurring [Member] \| US States and Political Subdivisions Debt Securities [Member]
Total securities available-for-sale	214,749	238,670
Fair Value, Recurring [Member] \| Collateralized Debt Obligations [Member]
Total securities available-for-sale	1,419	1,357
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member] \| Interest Rate Lock Commitments [Member]
Derivative Assets	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member] \| US Government-sponsored Enterprises Debt Securities [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member] \| Collateralized Mortgage Obligations and Residential Mortgage Backed Securities [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member] \| US States and Political Subdivisions Debt Securities [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member] \| Collateralized Debt Obligations [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Total securities available-for-sale	332,135	370,017
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Interest Rate Lock Commitments [Member]
Derivative Assets	82	35
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| US Government-sponsored Enterprises Debt Securities [Member]
Total securities available-for-sale	8,061	7,883
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Collateralized Mortgage Obligations and Residential Mortgage Backed Securities [Member]
Total securities available-for-sale	109,325	123,464
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| US States and Political Subdivisions Debt Securities [Member]
Total securities available-for-sale	214,749	238,670
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Collateralized Debt Obligations [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Total securities available-for-sale	1,419	1,357
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member] \| Interest Rate Lock Commitments [Member]
Derivative Assets	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member] \| US Government-sponsored Enterprises Debt Securities [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member] \| Collateralized Mortgage Obligations and Residential Mortgage Backed Securities [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member] \| US States and Political Subdivisions Debt Securities [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member] \| Collateralized Debt Obligations [Member]
Total securities available-for-sale	1,419	1,357
Fair Value, Recurring [Member] \| Interest Rate Swap [Member]
Derivative Assets	5,486	5,591
Interest rate swap contracts	5,486	5,591
Fair Value, Recurring [Member] \| Interest Rate Swap [Member] \| Fair Value, Inputs, Level 1 [Member]
Derivative Assets	0	0
Interest rate swap contracts	0	0
Fair Value, Recurring [Member] \| Interest Rate Swap [Member] \| Fair Value, Inputs, Level 2 [Member]
Derivative Assets	5,486	5,591
Interest rate swap contracts	5,486	5,591
Fair Value, Recurring [Member] \| Interest Rate Swap [Member] \| Fair Value, Inputs, Level 3 [Member]
Derivative Assets	0	0
Interest rate swap contracts	$ 0	$ 0