Finward Bancorp Quarterly report pursuant to Section 13 or 15(d)

Note 13 - Fair Value - Financial Instruments (Details)

Note 13 - Fair Value - Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Reported Value Measurement [Member]
Cash and cash equivalents	$ 38,296	$ 33,176
Certificates of deposit in other financial institutions	2,214	1,709
Loans held-for-sale	997	4,987
Loans receivable, net	1,489,298	953,377
Federal Home Loan Bank stock	3,038	3,247
Accrued interest receivable	6,849	5,444
Non-interest bearing deposits	386,137	295,294
Interest bearing deposits	1,446,827	1,138,907
Repurchase agreements	21,966	14,581
Borrowed funds	56,174
Accrued interest payable	106	22
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	38,296	33,176
Certificates of deposit in other financial institutions	2,187	1,737
Loans held-for-sale	1,006	5,065
Loans receivable, net	1,430,158	951,744
Federal Home Loan Bank stock	3,038	3,247
Accrued interest receivable	6,849	5,444
Non-interest bearing deposits	386,137	295,294
Interest bearing deposits	1,446,800	1,139,126
Repurchase agreements	21,803	14,579
Borrowed funds	56,170
Accrued interest payable	106	22
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	38,296	33,176
Certificates of deposit in other financial institutions	0	0
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	386,137	295,294
Interest bearing deposits	1,119,174	899,690
Repurchase agreements	14,253	12,842
Borrowed funds	19,174
Accrued interest payable	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	2,187	1,737
Loans held-for-sale	1,006	5,065
Loans receivable, net	0	0
Federal Home Loan Bank stock	3,038	3,247
Accrued interest receivable	6,849	5,444
Non-interest bearing deposits	0	0
Interest bearing deposits	327,626	239,436
Repurchase agreements	7,550	1,737
Borrowed funds	36,996
Accrued interest payable	106	22
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	1,430,158	951,744
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
Accrued interest payable	$ 0	$ 0