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 Values of Financial Instruments - Fair Value of Financial Instruments (Details)

Note 16 - Fair Values of Financial Instruments - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Reported Value Measurement [Member]
Cash and cash equivalents	$ 70,584	$ 86,008
Loans held-for-sale	1,253	340
Loans receivable, net	1,492,065	1,493,827
Federal Home Loan Bank stock	6,547	6,547
Accrued interest receivable	7,721	8,045
Non-interest bearing deposits	263,324	295,594
Interest bearing deposits	1,497,242	1,517,827
Repurchase agreements	40,116	38,124
Borrowed funds	65,000	80,000
Accrued interest payable	620	3,065
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	70,584	86,008
Loans held-for-sale	1,277	349
Loans receivable, net	1,435,148	1,412,069
Federal Home Loan Bank stock	6,547	6,547
Accrued interest receivable	7,721	8,045
Non-interest bearing deposits	263,324	295,594
Interest bearing deposits	1,496,638	1,513,640
Repurchase agreements	39,960	37,938
Borrowed funds	63,432	79,791
Accrued interest payable	620	3,065
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	70,584	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	263,324	295,594
Interest bearing deposits	936,989	985,710
Repurchase agreements	32,364	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	1,277	349
Loans receivable, net	0	0
Federal Home Loan Bank stock	6,547	6,547
Accrued interest receivable	7,721	8,045
Non-interest bearing deposits	0	0
Interest bearing deposits	559,649	527,930
Repurchase agreements	7,596	6,905
Borrowed funds	63,432	79,791
Accrued interest payable	620	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	1,435,148	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