Finward Bancorp Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 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, 2025	Dec. 31, 2024
Reported Value Measurement [Member]
Cash and cash equivalents	$ 72,367	$ 70,584
Loans held-for-sale	2,849	1,253
Loans receivable, net	1,473,741	1,492,065
Federal Home Loan Bank stock	6,547	6,547
Accrued interest receivable	7,821	7,721
Non-interest bearing deposits	281,461	263,324
Interest bearing deposits	1,468,923	1,497,242
Repurchase agreements	45,053	40,116
Borrowed funds	56,657	65,000
Accrued interest payable	654	620
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	72,367	70,584
Loans held-for-sale	2,913	1,277
Loans receivable, net	1,424,533	1,435,148
Federal Home Loan Bank stock	6,547	6,547
Accrued interest receivable	7,821	7,721
Non-interest bearing deposits	281,461	263,324
Interest bearing deposits	1,468,595	1,496,638
Repurchase agreements	44,915	39,960
Borrowed funds	56,384	63,432
Accrued interest payable	654	620
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	72,367	70,584
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	281,461	263,324
Interest bearing deposits	924,076	936,989
Repurchase agreements	37,163	32,364
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	2,913	1,277
Loans receivable, net	0	0
Federal Home Loan Bank stock	6,547	6,547
Accrued interest receivable	7,821	7,721
Non-interest bearing deposits	0	0
Interest bearing deposits	544,519	559,649
Repurchase agreements	7,752	7,596
Borrowed funds	56,384	63,432
Accrued interest payable	654	620
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	1,424,533	1,435,148
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