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

Note 14 - Fair Value - Fair Value of Financial Instruments (Details)

Note 14 - Fair Value - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Reported Value Measurement [Member]
Cash and cash equivalents	$ 54,781	$ 31,282
Certificates of deposit in other financial institutions	2,452	2,456
Loans held-for-sale	1,672	1,543
Loans receivable, net	1,501,521	1,500,734
Federal Home Loan Bank stock	6,547	6,547
Accrued interest receivable	7,717	7,421
Non-interest bearing deposits	330,057	359,092
Interest bearing deposits	1,476,053	1,415,925
Repurchase agreements	28,423	15,503
Borrowed funds	100,000	120,000
Accrued interest payable	399	336
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	54,781	31,282
Certificates of deposit in other financial institutions	2,398	2,404
Loans held-for-sale	1,699	1,555
Loans receivable, net	1,457,318	1,437,496
Federal Home Loan Bank stock	6,547	6,547
Accrued interest receivable	7,717	7,421
Non-interest bearing deposits	330,057	359,092
Interest bearing deposits	1,477,268	1,414,738
Repurchase agreements	28,385	15,361
Borrowed funds	100,000	119,689
Accrued interest payable	399	336
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	54,781	31,282
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	330,057	359,092
Interest bearing deposits	1,004,649	1,052,807
Repurchase agreements	21,445	7,975
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
Certificates of deposit in other financial institutions	2,398	2,404
Loans held-for-sale	1,699	1,555
Loans receivable, net	0	0
Federal Home Loan Bank stock	6,547	6,547
Accrued interest receivable	7,717	7,421
Non-interest bearing deposits	0	0
Interest bearing deposits	472,619	361,931
Repurchase agreements	6,940	7,386
Borrowed funds	100,000	119,689
Accrued interest payable	399	336
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	1,457,318	1,437,496
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