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 1 - Summary of Significant Accounting Policies (Details Textual)

v3.22.1

Note 1 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Cash Accounts [Member]
Cash, Uninsured Amount	$ 7,100
Cash Held by FRB and FHLB [Member]
Cash, Uninsured Amount	13,000
Derivative [Member]
Financial Instruments, Owned and Pledged as Collateral, at Fair Value	$ 3,900	$ 3,900
Premises and Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	15 years
Premises and Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	39 years
Furniture and Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	2 years
Furniture and Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	10 years
SBA CARES Act Paycheck Protection Program [Member]
Financing Receivable, Principal and Interest Deferred Payments	$ 927

- Definition

Deferred amounts of principal and interest payments on loans receivable related to loan modification programs offered to financial institution customers affected by COVID-19.

+ References

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- Definition

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+ References

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- Definition

The fair value as of the balance sheet date of financial instruments and other positions owned by the entity and pledged to counterparties as collateral, including: (1) mortgages, mortgage-backed and asset backed securities; (2) US government and agency obligations; (3) state and municipal government obligations; (4) other sovereign government debt; (5) corporate obligations; (6) corporate equities; (7) principal investments; (8) derivative contracts; and (9) physical commodities.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66007379&loc=d3e113888-111728

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-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 30
-Section 50
-Paragraph 1A
-Subparagraph (c)(2)
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- Definition

Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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