Finward Bancorp Annual report pursuant to Section 13 and 15(d)

Note 18 - Fair Values of Financial Instruments - Financial Instruments (Details)

Note 18 - Fair Values of Financial Instruments - Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Reported Value Measurement [Member]
Cash and cash equivalents	$ 33,176	$ 19,922
Certificates of deposit in other financial institutions	1,709	1,897
Loans held-for-sale	4,987	11,329
Loans receivable, net	953,377	952,688
Federal Home Loan Bank stock	3,247	3,918
Accrued interest receivable	5,444	4,713
Non-interest bearing deposits	295,294	241,620
Interest bearing deposits	1,138,907	1,060,719
Repurchase agreements	14,581	13,711
Borrowed funds	0	6,149
Accrued interest payable	22	54
Borrowed funds	0	6,149
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	33,176	19,922
Certificates of deposit in other financial institutions	1,737	1,868
Loans held-for-sale	5,065	11,660
Loans receivable, net	951,744	982,793
Federal Home Loan Bank stock	3,247	3,918
Accrued interest receivable	5,444	4,713
Non-interest bearing deposits	295,294	241,620
Interest bearing deposits	1,139,126	1,061,294
Repurchase agreements	14,579	13,713
Borrowed funds	0	6,018
Accrued interest payable	22	54
Borrowed funds	0	6,018
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	33,176	19,922
Certificates of deposit in other financial institutions	0	0
Loans held-for-sale	0	11,660
Loans receivable, net	0	0
Federal Home Loan Bank stock	0	0
Accrued interest receivable	0	0
Non-interest bearing deposits	295,294	241,620
Interest bearing deposits	899,690	775,891
Repurchase agreements	12,842	11,976
Borrowed funds	0	0
Accrued interest payable	0	0
Borrowed funds	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member]
Cash and cash equivalents	0	0
Certificates of deposit in other financial institutions	1,737	1,868
Loans held-for-sale	5,065	0
Loans receivable, net	0	0
Federal Home Loan Bank stock	3,247	3,918
Accrued interest receivable	5,444	4,713
Non-interest bearing deposits	0	0
Interest bearing deposits	239,436	285,403
Repurchase agreements	1,737	1,737
Borrowed funds	0	6,018
Accrued interest payable	22	54
Borrowed funds	0	6,018
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 3 [Member]
Cash and cash equivalents	0	0
Certificates of deposit in other financial institutions	0	0
Loans held-for-sale	0	0
Loans receivable, net	951,744	982,793
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
Borrowed funds	$ 0	$ 0