Finward Bancorp (FNWD) 10-K 30 Mar 22 2021 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2021	Mar. 30, 2022	Jun. 30, 2021
Document Information [Line Items]
Entity Central Index Key	0000919864
Entity Registrant Name	Finward Bancorp
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Document Transition Report	false
Entity File Number	0-26128
Entity Incorporation, State or Country Code	IN
Entity Tax Identification Number	35-1927981
Entity Address, Address Line One	9204 Columbia Avenue
Entity Address, Postal Zip Code	46321
Entity Address, City or Town	Munster
Entity Address, State or Province	IN
City Area Code	219
Local Phone Number	836-4400
Title of 12(b) Security	Common stock, no par value
Trading Symbol	FNWD
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Entity Shell Company	false
Entity Public Float			$ 128,281,665
Entity Common Stock, Shares Outstanding		4,294,136
Auditor Name	BKD, LLP
Auditor Location	Indianapolis, Indiana
Auditor Firm ID	686

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
ASSETS
Cash and non-interest bearing deposits in other financial institutions	$ 12,725	$ 14,014
Interest bearing deposits in other financial institutions	19,987	5,908
Federal funds sold	464	0
Total cash and cash equivalents	33,176	19,922
Certificates of deposit in other financial institutions	1,709	1,897
Securities available-for-sale	526,889	410,669
Loans held-for-sale	4,987	11,329
Loans receivable, net of deferred fees and costs	966,720	965,146
Less: allowance for loan losses	(13,343)	(12,458)
Net loans receivable	953,377	952,688
Federal Home Loan Bank stock	3,247	3,918
Accrued interest receivable	5,444	4,713
Premises and equipment	31,385	30,785
Foreclosed real estate	0	538
Cash value of bank owned life insurance	31,440	30,725
Goodwill	11,109	11,109
Other intangible assets	3,126	4,119
Other assets	14,854	13,880
Total assets	1,620,743	1,496,292
Deposits:
Non-interest bearing	295,294	241,620
Interest bearing	1,138,907	1,060,719
Total	1,434,201	1,302,339
Repurchase agreements	14,581	13,711
Borrowed funds	0	6,149
Accrued expenses and other liabilities	15,346	22,404
Total liabilities	1,464,128	1,344,603
Commitments and contingencies
Stockholders' Equity:
Preferred stock, no par or stated value; 10,000,000 shares authorized, none outstanding	0	0
Additional paid-in capital	30,430	29,987
Accumulated other comprehensive income	4,276	10,441
Retained earnings	121,909	111,261
Total stockholders' equity	156,615	151,689
Total liabilities and stockholders' equity	$ 1,620,743	$ 1,496,292

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares $ / shares in Thousands	Dec. 31, 2021	Dec. 31, 2020
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authoirzed (in shares)	10,000,000	10,000,000
Preferred stock, shares outstanding (in shares)	0	0
Common stock, no par or stated value (in dollars per share)	$ 0	$ 0
Common stock, authorized (in shares)	10,000,000	10,000,000
Common stock, issued (in shares)	3,480,701	3,462,916
Common stock, outstanding (in shares)	3,480,701	3,462,916

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Interest income:
Loans receivable	$ 41,573	$ 44,867
Securities	9,021	6,512
Other interest earning assets	61	242
Total interest income	50,655	51,621
Interest expense:
Deposits	2,002	5,321
Repurchase agreements	47	87
Borrowed funds	31	332
Total interest expense	2,080	5,740
Net interest income	48,575	45,881
Provision for loan losses	1,509	3,687
Net interest income after provision for loan losses	47,066	42,194
Noninterest income:
Fees and service charges	5,388	5,161
Gain on sale of loans held-for-sale, net	5,296	7,588
Wealth management operations	2,375	2,138
Gain on sale of securities, net	1,987	2,348
Increase in cash value of bank owned life insurance	715	708
Gain on sale of foreclosed real estate	47	78
Other	139	127
Total noninterest income	15,947	18,148
Noninterest expense:
Compensation and benefits	24,241	22,855
Occupancy and equipment	5,537	4,933
Data processing	3,648	2,267
Federal deposit insurance premiums	861	788
Professional services	1,205	640
Marketing	1,085	732
Other	10,059	9,421
Total noninterest expense	46,636	41,636
Income before income tax expenses	16,377	18,706
Income tax expenses	1,414	2,774
Net income	$ 14,963	$ 15,932
Earnings per common share:
Basic (in dollars per share)	$ 4.30	$ 4.60
Diluted (in dollars per share)	4.30	4.60
Dividends declared per common share (in dollars per share)	$ 1.24	$ 1.24

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Net income	$ 14,963	$ 15,932
Net change in net unrealized gains and losses on securities available-for-sale:
Unrealized (loss) gain arising during the period	(5,816)	10,169
Less: reclassification adjustment for gains included in net income	(1,987)	(2,348)
Net securities gain during the period	(7,803)	7,821
Tax effect	1,638	(1,641)
Other comprehensive income (loss), net of tax	(6,165)	6,180
Comprehensive income, net of tax	$ 8,798	$ 22,112

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2019	$ 0	$ 29,657	$ 4,261	$ 99,624	$ 133,542
Net income	0	0	0	15,932	15,932
Other comprehensive income, net of tax	0	0	6,180	0	6,180
Net surrender value of restricted stock awards	0	(85)	0	0	(85)
Stock-based compensation expense		415			415
Cash dividends	0	0	0	(4,295)	(4,295)
Balance at Dec. 31, 2020	0	29,987	10,441	111,261	151,689
Net income	0	0	0	14,963	14,963
Other comprehensive income, net of tax	0	0	(6,165)	0	(6,165)
Net surrender value of restricted stock awards		(131)			(131)
Stock-based compensation expense	0	574	0	0	574
Cash dividends	0	0	0	(4,315)	(4,315)
Balance at Dec. 31, 2021	$ 0	$ 30,430	$ 4,276	$ 121,909	$ 156,615

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Shares of restricted stock awards surrendered (in shares)	3,115	1,904
Cash dividends per share (in dollars per share)	$ 1.24	$ 1.24

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 14,963	$ 15,932
Adjustments to reconcile net income to net cash provided by operating activities:
Origination of loans for sale	(153,082)	(224,945)
Sale of loans originated for sale	164,203	226,447
Depreciation and amortization, net of accretion	4,559	3,201
Deferred tax expense	137	572
Stock based compensation expense	574	415
Gain on sale of securities, net	(1,987)	(2,348)
Gain on sale of loans held-for-sale, net	(5,529)	(7,400)
Gain on sale of foreclosed real estate	(47)	(78)
Gain on cash value of bank owned life insurance	(715)	(708)
Loss (gain) on derivatives	233	(188)
Provision for loan losses	1,509	3,687
Net change in:
Interest receivable	(731)	(684)
Other assets	1,784	(1,817)
Accrued expenses and other liabilities	(8,828)	7,650
Net cash provided by operating activities	17,043	19,736
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from maturities of certificates of deposit in other financial institutions	923	795
Purchase of certificates of deposit in other financial institutions	(735)	(522)
Proceeds from maturities and pay downs of securities available-for-sale	55,431	67,014
Proceeds from sales of securities available-for-sale	43,756	51,350
Purchase of securities available-for-sale	(221,236)	(243,351)
Loan participations purchased	0	(9,054)
Net change in loans receivable	12,345	(48,406)
Proceeds of Federal Home Loan Bank Stock	671	0
Purchase of Federal Home Loan Bank Stock	0	(6)
Purchase of loans receivable	(14,543)	0
Purchase of premises and equipment, net	(3,128)	(3,735)
Proceeds from sale of foreclosed real estate	585	809
Write down of foreclosed real estate	0	46
Net cash used in investing activities	(125,931)	(185,060)
CASH FLOWS FROM FINANCING ACTIVITIES:
Change in deposits	131,862	148,003
Repayment of FHLB advances	(6,000)	(8,000)
Net surrender value of restricted stock awards	(131)	(85)
Change in other borrowed funds	721	2,361
Dividends paid	(4,310)	(4,291)
Net cash provided by financing activities	122,142	137,988
Net change in cash and cash equivalents	13,254	(27,336)
Cash and cash equivalents at beginning of period	19,922	47,258
Cash and cash equivalents at end of period	33,176	19,922
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest	2,112	5,865
Income taxes	2,185	1,025
Noncash activities:
Transfers from loans to foreclosed real estate	0	233
Dividends declared not paid	1,079	1,074
Securities purchased not settled	$ 1,765	$ 0

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 1 Summary of Significant Accounting Policies Principles of Consolidation may Use of Estimates Concentrations of Credit Risk Cash Flow Reporting 90 90 Certificates of deposits in other financial institutions 5 Securities may December 31, 2021, 2020, not The Bancorp considers the following factors when determining an other-than-temporary impairment for a security: the length of time and the extent to which the market value has been less than amortized cost; the financial condition and near-term prospects of the issuer; the underlying fundamentals of the relevant market and the outlook for such market for the near future; and an assessment of whether the Bancorp has ( 1 2 not Loans Held-for-Sale Mortgage loans held-for-sale can be sold with servicing rights retained or released. The carrying value of mortgage loans sold is reduced by the amount allocated to the servicing rights. Gains and losses on sales of mortgage loans are based on the difference between the selling price and the carrying value of the related loan sold. Loans and Loan Interest Income The accrual of interest income on mortgage and commercial loans is discontinued at the time the loan is 90 no 120 Generally, interest accrued but not Allowance for Loan Losses may A loan is considered impaired when, based on current information and events, it is probable that the Bancorp will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not Troubled Debt Restructures not not On March 27, 2020, 4013 19 March 1, 2020 December 31, 2021 60 19 4013 December 27, 2020 January 1, 2022. not 30 December 31, 2020 December 31, 2021, 19 Some of the factors considered by management when determining whether a borrower is experiencing financial difficulties are: ( 1 2 3 Federal Home Loan Bank Stock may Transfers of Financial Assets 1 2 3 not Premises and Equipment Foreclosed Real Estate Long-term Assets may not Bank Owned Life Insurance Goodwill and Intangibles third may 350, Repurchase Agreements not Income Taxes At December 31, 2021 2020, not not December 31, 2021 2020. Loan Commitments and Related Financial Instruments As part of mortgage banking operations, the Company enters into commitments to originate loans whereby the interest rate on these loans is determined prior to funding (“interest rate lock commitments”). Similar to loans held for sale, the fair value of rate lock commitments is subject to change primarily due to changes in interest rates. The interest rate lock commitments on mortgage loans intended to be sold are recorded at fair value with changes in fair value recorded in current earnings as part of gain on sale of loans held-for-sale, net. Earnings Per Common Share Comprehensive Income Loss Contingencies not Restrictions on Cash March 26, 2020, no December 31, 2021. December 31, 2021 2020. December 31, 2021, not Fair Value of Financial Instruments Operating Segments not one Reclassification December 31, 2020, may December 31, 2021 Trust Assets not not Adoption of New Accounting Pronouncements In January 2017, 2017 04, 350 2 2 2, No. 2017 04, 1 2 not No. 2017 04 zero 2 December 31, 2020, January 1, 2020. not not On January 1, 2020, 2018–13, 820 1 2 3 3 3 may 3 not In December 2019, 2019 12 740 not December 15, 2020. 2019 12 January 1, 2021 not Upcoming Accounting Pronouncements - In June 2016, No. 2016 13, October 2019, December 15, 2022, January 1, 2023. first December 15, 2018, In March 2020, No. 2020 04 848 January 2021, 2021 01 848 March 12, 2020, December 31, 2022. December 31, 2020, December 31, 2022, not Revision of Previously Issued Financial Statements . We have revised amounts reported in previously issued financial statements for the periods presented in this Annual Report on Form 10 second 2021. We evaluated the aggregate effects of the errors to our previously issued financial statements in accordance with SEC Staff Accounting Bulletins No. 99 No. 108 not 10 December 31, 2020. The following tables present the revisions to the line items of our previously issued financial statements as of and for the year ended December 31, 2020, Consolidated Balance Sheet (Dollar amounts in thousands except for per share amounts) As of December 31, 2020 As Reported Adjustment As Revised Loans receivable $ 966,578 $ (1,432 ) $ 965,146 Net loans receivable 954,120 (1,432 ) 952,688 Other assets 13,681 199 13,880 Total assets 1,497,525 (1,233 ) 1,496,292 Retained earnings 112,494 (1,233 ) 111,261 Total shareholders' equity 152,922 (1,233 ) 151,689 Total liabilities and stockholders' equity 1,497,525 (1,233 ) 1,496,292 Consolidated Statement of Income For the year ending December 31, 2020 As Reported Adjustment As Revised Compensation and benefits $ 22,065 $ 790 $ 22,855 Total noninterest expense 40,846 790 41,636 Income before income tax expense 19,496 (790 ) 18,706 Income tax expenses 2,892 (118 ) 2,774 Net income 16,604 (672 ) 15,932 Earnings per common share: Basic 4.80 (0.20 ) 4.60 Diluted 4.80 (0.20 ) 4.60 Consolidated Statements of Comprehensive Income For the year ending December 31, 2020 As Reported Adjustment As Revised Net income $ 16,604 $ (672 ) $ 15,932 Comprehensive income, net of tax 22,784 (672 ) 22,112 Consolidated Statements of Changes in Stockholders' Equity Balance at January 1, 2020 As Reported Adjustment As Revised Retained earnings $ 100,185 $ (561 ) $ 99,624 Total equity 134,103 (561 ) 133,542 For the year ending December 31, 2020 Net income 16,604 (672 ) 15,932 Retained earnings 112,494 (1,233 ) 111,261 Total equity 152,922 (1,233 ) 151,689 Consolidated Statements of Cash Flows Year ended December 31, 2020 As Reported Adjustment As Revised Net income $ 16,604 $ (672 ) $ 15,932 Deferred tax expense 690 (118 ) 572 Net cash - operating activities 20,526 (790 ) 19,736 Net change in loan (49,196 ) 790 (48,406 ) Net cash - investing activities (185,850 ) 790 (185,060 )

Note 2 - Acquisition Activity

Note 2 - Acquisition Activity	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Business Combination Disclosure [Text Block]	NOTE 2 Acquisition Activity On January 31, 2022, July 28, 2021 ( December 13, 2021. Under the terms of the merger agreement, RYFL stockholders who owned 101 no January 28, 2022 In connection with the acquisition, Robert W. Youman, was appointed to the boards of directors of Finward and Peoples Bank effective as of the closing of the Merger. RYFL had a home office and eight December 31, 2021,

Note 3 - Securities

Note 3 - Securities	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE 3 Securities The estimated fair value of available-for-sale securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows: (Dollars in thousands) Gross Gross Estimated Cost Unrealized Unrealized Fair Basis Gains Losses Value December 31, 2021 U.S. government sponsored entities $ 8,883 $ - $ (214 ) $ 8,669 U.S. treasury securities 400 - - 400 Collateralized mortgage obligations and residential mortgage-backed securities 187,279 961 (3,539 ) 184,701 Municipal securities 322,750 9,904 (527 ) 332,127 Collateralized debt obligations 2,173 - (1,181 ) 992 Total securities available-for-sale $ 521,485 $ 10,865 $ (5,461 ) $ 526,889 (Dollars in thousands) Gross Gross Estimated Cost Unrealized Unrealized Fair Basis Gains Losses Value December 31, 2020 Money market fund $ 52,941 $ - $ - $ 52,941 U.S. government sponsored entities 7,881 3 (24 ) 7,860 Collateralized mortgage obligations and residential mortgage-backed securities 151,355 3,417 (36 ) 154,736 Municipal securities 183,103 11,102 (2 ) 194,203 Collateralized debt obligations 2,182 - (1,253 ) 929 Total securities available-for-sale $ 397,462 $ 14,522 $ (1,315 ) $ 410,669 The cost basis, estimated fair value of available-for-sale securities, and carrying amount, if different, at December 31, 2021, not (Dollars in thousands) Available-for-sale Estimated Cost Fair December 31, 2021 Basis Value Due in one year or less $ 590 $ 592 Due from one to five years 1,759 1,765 Due from five to ten years 28,950 29,846 Due over ten years 302,907 309,985 Collateralized mortgage obligations and residential mortgage-backed securities 187,279 184,701 Total $ 521,485 $ 526,889 Sales of available-for-sale securities were as follows: (Dollars in thousands) December 31, December 31, 2021 2020 Proceeds $ 43,756 $ 51,350 Gross gains 2,010 2,407 Gross losses (23 ) (59 ) The tax provisions related to these net realized gains were approximately $417 thousand for 2021 2020. Accumulated other comprehensive income/(loss) balances, net of tax, related to available-for-sale securities, were as follows: (Dollars in thousands) Unrealized Ending balance, December 31, 2020 $ 10,441 Current period change (6,165 ) Ending balance, December 31, 2021 $ 4,276 Securities with carrying values of approximately $39.5 million and $52.4 million were pledged as of December 31, 2021 2020, Securities with unrealized losses at December 31, 2021, 2020, not (Dollars in thousands) Less than 12 months 12 months or longer Total Estimated Estimated Estimated Percentage of Fair Unrealized Fair Unrealized Fair Unrealized Total Portfolio Value Losses Value Losses Value Losses in Loss Position December 31, 2021 U.S. government sponsored entities $ 8,669 $ (214 ) $ - $ - $ 8,669 $ (214 ) 100.0 % Collateralized mortgage obligations and residential mortgage-backed securities 126,373 (3,175 ) 8,109 (364 ) 134,482 (3,539 ) 72.8 % Municipal securities 70,309 (527 ) - - 70,309 (527 ) 21.2 % Collateralized debt obligations - - 992 (1,181 ) 992 (1,181 ) 100.0 % Total temporarily impaired $ 205,351 $ (3,916 ) $ 9,101 $ (1,545 ) $ 214,452 $ (5,461 ) 40.7 % Number of securities 133 5 138 (Dollars in thousands) Less than 12 months 12 months or longer Total Estimated Estimated Estimated Percentage of Fair Unrealized Fair Unrealized Fair Unrealized Total Portfolio Value Losses Value Losses Value Losses in Loss Position December 31, 2020 U.S. government sponsored entities $ 4,975 $ (24 ) $ - $ - $ 4,975 $ (24 ) 63.3 % Collateralized mortgage obligations and residential mortgage-backed securities 11,953 (36 ) - - 11,953 (36 ) 7.7 % Municipal securities 1,864 (2 ) - - 1,864 (2 ) 1.0 % Collateralized debt obligations - - 929 (1,253 ) 929 (1,253 ) 100.0 % Total temporarily impaired $ 18,792 $ (62 ) $ 929 $ (1,253 ) $ 19,721 $ (1,315 ) 4.8 % Number of securities 8 2 10 Unrealized losses on securities have not

Note 4 - Loans Receivable

Note 4 - Loans Receivable	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 4 Loans Receivable Year end loans are summarized below: Loans receivable are summarized below: (Dollars in thousands) December 31, 2021 December 31, 2020 Loans secured by real estate: Residential real estate $ 260,134 $ 286,048 Home equity 34,612 39,233 Commercial real estate 317,145 298,257 Construction and land development 123,822 93,562 Multifamily 61,194 50,571 Farmland - 215 Total loans secured by real estate 796,907 767,886 Commercial business 115,772 158,140 Consumer 582 1,025 Manufactured homes 37,887 24,232 Government 8,991 10,142 Loans receivable 960,139 961,425 Less: Net deferred loan origination costs 6,810 3,871 Undisbursed loan funds (229 ) (150 ) Loans receivable, net of deferred fees and costs $ 966,720 $ 965,146 As of December 31, 2021, (Dollars in thousands) Beginning Balance Charge-offs Recoveries Provisions Ending Balance The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the twelve months ended December 31, 2021: Allowance for loan losses: Residential real estate $ 2,211 $ (32 ) $ 81 $ 220 $ 2,480 Home equity 276 (1 ) 1 81 357 Commercial real estate 5,406 (530 ) - 639 5,515 Construction and land development 1,405 - - 714 2,119 Multifamily 626 - - 222 848 Farmland - - - - - Commercial business 2,508 (158 ) 36 (377 ) 2,009 Consumer 26 (29 ) 8 10 15 Manufactured homes - - - - - Government - - - - - Total $ 12,458 $ (750 ) $ 126 $ 1,509 $ 13,343 The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the twelve months ended December 31, 2020: Allowance for loan losses: Residential real estate $ 1,812 $ (2 ) $ 27 $ 374 $ 2,211 Home equity 223 - - 53 276 Commercial real estate 3,773 (80 ) - 1,713 5,406 Construction and land development 1,098 (17 ) - 324 1,405 Multifamily 529 - - 97 626 Farmland - - - - - Commercial business 1,504 (158 ) 17 1,145 2,508 Consumer 43 (29 ) 14 (2 ) 26 Manufactured homes - - - - - Government 17 - - (17 ) - Total $ 8,999 $ (286 ) $ 58 $ 3,687 $ 12,458 A deferred cost reserve is maintained for the portfolio of manufactured home loans that have been purchased. This reserve is available for use for manufactured home loan nonperformance and costs associated with nonperformance. If the segment performs in line with expectation, the deferred cost reserve is paid as an origination cost to the third December 31, 2021 December 31, 2020, The Bancorp's impairment analysis is summarized below: Ending Balances (Dollars in thousands) Allowance for individually evaluated for impairment reserves Allowance for collectively evaluated for impairment reserves Loan receivables Loans individually evaluated for impairment Purchased credit impaired loans individually evaluated for impairment Loans collectively evaluated for impairment The Bancorp's allowance for loan losses impairment evaluation and loan receivables are summarized below at December 31, 2021: Residential real estate $ 17 $ 2,463 $ 260,134 $ 755 $ 1,016 $ 258,363 Home equity 4 353 34,612 147 137 34,328 Commercial real estate 386 5,129 317,145 1,600 - 315,545 Construction and land development - 2,119 123,822 - - 123,822 Multifamily - 848 61,194 - 556 60,638 Farmland - - - - - - Commercial business 277 1,732 115,772 524 1,073 114,175 Consumer - 15 582 - - 582 Manufactured homes - - 37,887 - - 37,887 Government - - 8,991 - - 8,991 Total $ 684 $ 12,659 $ 960,139 $ 3,026 $ 2,782 $ 954,331 The Bancorp's allowance for loan losses impairment evaluation and loan receivables are summarized below at December 31, 2020: Residential real estate $ 173 $ 2,038 $ 286,048 $ 868 $ 1,297 $ 283,883 Home equity 1 275 39,233 216 137 38,880 Commercial real estate 1,089 4,317 298,257 6,190 151 291,916 Construction and land development - 1,405 93,562 - - 93,562 Multifamily - 626 50,571 95 621 49,855 Farmland - - 215 - - 215 Commercial business 512 1,996 158,140 1,086 1,160 155,894 Consumer - 26 1,025 - - 1,025 Manufactured homes - - 24,232 - - 24,232 Government - - 10,142 - - 10,142 Total $ 1,775 $ 10,683 $ 961,425 $ 8,455 $ 3,366 $ 949,604 The Bancorp's credit quality indicators are summarized below at December 31, 2021 December 31, 2020: Credit Exposure - Credit Risk Portfolio By Creditworthiness Category December 31, 2021 (Dollars in thousands) 1 5 6 7 8 Loan Segment Pass Pass/monitor Special mention Substandard Total Residential real estate $ 222,057 $ 31,415 $ 2,940 $ 3,722 $ 260,134 Home equity 32,873 692 415 632 34,612 Commercial real estate 253,424 48,148 12,011 3,562 317,145 Construction and land development 103,365 16,827 3,630 - 123,822 Multifamily 54,719 5,938 153 384 61,194 Farmland - - - - - Commercial business 95,412 18,058 1,915 387 115,772 Consumer 582 - - - 582 Manufactured homes 37,103 725 59 - 37,887 Government 8,991 - - - 8,991 Total $ 808,526 $ 121,803 $ 21,123 $ 8,687 $ 960,139 December 31, 2020 (Dollars in thousands) 1 5 6 7 8 Loan Segment Pass Pass/monitor Special mention Substandard Total Residential real estate $ 234,317 $ 41,805 $ 3,539 $ 6,387 $ 286,048 Home equity 37,044 933 761 495 39,233 Commercial real estate 222,892 55,202 11,983 8,180 298,257 Construction and land development 77,855 12,055 3,652 - 93,562 Multifamily 43,594 5,065 1,408 504 50,571 Farmland - 215 - - 215 Commercial business 135,671 20,067 1,341 1,061 158,140 Consumer 1,025 - - - 1,025 Manufactured homes 23,501 731 - - 24,232 Government 10,142 - - - 10,142 Total $ 786,041 $ 136,073 $ 22,684 $ 16,627 $ 961,425 The Bancorp has established a standard loan grading system to assist management, lenders and review personnel in their analysis and supervision of the loan portfolio. The use and application of these grades by the Bancorp is uniform and conforms to regulatory definitions. During the year, the Bancorp updated its risk rating naming structure, however the underlying grading system has not 1 Loans in this category are substantially risk free. Loans fully collateralized by a Bank certificate of deposit or Bank deposits with a hold are substantially risk free. 2 The borrower generates excellent and consistent cash flow for debt coverage, excellent average credit scores, excellent liquidity and net worth and are reputable operators with over 15 3 The borrower generates more than sufficient cash flow to fund debt service and cash flow is improving. Average credit scores are very strong. Operators are reputable with significant years of experience. Liquidity, net worth, current and debt to tangible net worth ratios are very strong. Loan to value is significantly below policy and collateral condition is significantly above average. 4 The borrower generates more than sufficient cash flow to fund debt service but cash flow trends may 5 Borrowers are considered creditworthy and can repay the debt in the normal course of business, however, cash flow trends may 6 Borrowers are considered credit worthy but financial condition may may may 7 A special mention asset has identified weaknesses that deserve Management’s close attention. If left uncorrected, these weaknesses may not not Loans in this category may may may may 1:1. may may may may may may 8 This classification consists of loans which are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged. Financial statements normally reveal some or all of the following: poor trends, lack of earnings and cash flow, excessive debt, lack of liquidity, and the absence of creditor protection. Loans are still considered collectible, but due to increased risks and defined weaknesses of the credit, some loss could be incurred in collection if the deficiencies are not 9 Such loans have been placed on nonaccrual status and may 10 Loans that are considered uncollectible and of such little value that continuing to carry them as assets is not Performing loans are loans that are paying as agreed and are approximately less than ninety During the twelve December 31, 2021, three One twelve December 31, 2021. twelve December 31, 2020, 2020, one one not The Bancorp's individually evaluated impaired loans are summarized below: For the twelve months ended As of December 31, 2021 December 31, 2021 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Residential real estate $ 1,683 $ 3,017 $ - $ 1,689 $ 113 Home equity 262 275 - 298 12 Commercial real estate 765 765 - 1,167 43 Construction and land development. - - - - - Multifamily 556 647 - 629 31 Farmland - - - - - Commercial business 1,205 1,324 - 1,369 52 Consumer - - - - - Manufactured homes - - - - - Government - - - - - With an allowance recorded: Residential real estate $ 88 $ 88 $ 17 $ 145 $ 2 Home equity 22 22 4 18 1 Commercial real estate 835 835 386 4,727 225 Construction and land development. - - - - - Multifamily - - - - - Farmland - - - - - Commercial business 392 392 277 637 24 Consumer - - - - - Manufactured homes - - - - - Government - - - - - Total: Residential real estate $ 1,771 $ 3,105 $ 17 $ 1,834 $ 115 Home equity $ 284 $ 297 $ 4 $ 316 $ 13 Commercial real estate $ 1,600 $ 1,600 $ 386 $ 5,894 $ 268 Construction & land development $ - $ - $ - $ - $ - Multifamily $ 556 $ 647 $ - $ 629 $ 31 Farmland $ - $ - $ - $ - $ - Commercial business $ 1,597 $ 1,716 $ 277 $ 2,006 $ 76 Consumer $ - $ - $ - $ - $ - Manufactured homes $ - $ - $ - $ - $ - Government $ - $ - $ - $ - $ - The Bancorp's individually evaluated impaired loans are summarized below: For the twelve months ended As of December 31, 2020 December 31, 2020 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Residential real estate $ 1,895 $ 3,228 $ - $ 2,028 $ 115 Home equity 352 363 - 373 16 Commercial real estate 1,177 1,761 - 1,305 80 Construction & land development. - - - - - Multifamily 716 798 - 763 42 Farmland - - - - - Commercial business 1,497 1,514 - 1,591 80 Consumer - - - - - Manufactured homes - - - - - Government - - - - - With an allowance recorded: Residential real estate $ 270 $ 314 $ 173 $ 174 $ 6 Home equity 1 9 1 5 - Commercial real estate 5,164 5,164 1,089 2,109 16 Construction & land development - - - - - Multifamily - - - - - Farmland - - - - - Commercial business 749 749 512 739 30 Consumer - - - - - Manufactured homes - - - - - Government - - - - - Total: Residential real estate $ 2,165 $ 3,542 $ 173 $ 2,202 $ 121 Home equity $ 353 $ 372 $ 1 $ 378 $ 16 Commercial real estate $ 6,341 $ 6,925 $ 1,089 $ 3,414 $ 96 Construction & land development.... $ - $ - $ - $ - $ - Multifamily $ 716 $ 798 $ - $ 763 $ 42 Farmland $ - $ - $ - $ - $ - Commercial business $ 2,246 $ 2,263 $ 512 $ 2,330 $ 110 Consumer $ - $ - $ - $ - $ - Manufactured homes $ - $ - $ - $ - $ - Government $ - $ - $ - $ - $ - The Bancorp's age analysis of past due loans is summarized below: (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Loans Recorded Investments Greater than 90 Days Past Due and Accruing December 31, 2021 Residential real estate $ 2,507 $ 824 $ 2,142 $ 5,473 $ 254,661 $ 260,134 $ 31 Home equity 169 67 565 801 33,811 34,612 34 Commercial real estate 231 1,960 944 3,135 314,010 317,145 91 Construction and land development 5,148 283 - 5,431 118,391 123,822 - Multifamily - - 109 109 61,085 61,194 - Farmland - - - - - - - Commercial business 573 1,594 242 2,409 113,363 115,772 49 Consumer - 3 - 3 579 582 - Manufactured homes 633 171 - 804 37,083 37,887 - Government - - - - 8,991 8,991 - Total $ 9,261 $ 4,902 $ 4,002 $ 18,165 $ 941,974 $ 960,139 $ 205 December 31, 2020 Residential real estate $ 2,797 $ 1,119 $ 4,875 $ 8,791 $ 277,257 $ 286,048 $ 80 Home equity 616 323 416 1,355 37,878 39,233 29 Commercial real estate 1,172 237 680 2,089 296,168 298,257 437 Construction and land development 471 - 20 491 93,071 93,562 20 Multifamily 94 266 150 510 50,061 50,571 - Farmland - - - - 215 215 - Commercial business 845 96 269 1,210 156,930 158,140 - Consumer 2 - - 2 1,023 1,025 - Manufactured homes 303 173 - 476 23,756 24,232 - Government 380 - - 380 9,762 10,142 - Total $ 6,680 $ 2,214 $ 6,410 $ 15,304 $ 946,121 $ 961,425 $ 566 The Bancorp's loans on nonaccrual status are summarized below: (Dollars in thousands) December 31, 2021 December 31, 2020 Residential real estate $ 4,651 $ 6,390 Home equity 623 476 Commercial real estate 940 5,390 Construction and land development. - - Multifamily 455 504 Farmland - - Commercial business 387 1,039 Consumer - - Manufactured homes - - Government - - Total $ 7,056 $ 13,799 As a result of acquisition activity, the Bancorp acquired loans for which there was evidence of credit quality deterioration since origination and it was determined that it was probable that the Bancorp would be unable to collect all contractually required principal and interest payments. At December 31, 2021, December 31, 2020, Accretable interest taken from the purchase credit impaired portfolio, or income recorded for the twelve December 31, (dollars in thousands) Total 2020 $ 99 2021 21 The accretable interest portion of the purchase credit impaired portfolio has fully amortized at December 31, 2021. As part of the fair value of loans receivable, there was a net fair value discount for loans acquired of $1.1 million at December 31, 2021, December 31, 2020. December 31, 2021, December 31, 2020, Accretable yield, or income recorded for the nine December 31, (dollars in thousands) Total 2020 $ 1,820 2021 960 Accretable yield, or income expected to be recorded in the future is as follows: (dollars in thousands) Total 2022 $ 758 2023 300 Total $ 1,058

Note 5 - Premises and Equipment

Note 5 - Premises and Equipment, Net	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 5 Premises and Equipment, Net At year end, premises and equipment are summarized as follows: (Dollars in thousands) 2021 2020 Cost: Land $ 8,933 $ 8,933 Buildings and improvements 35,837 33,394 Furniture and equipment 18,724 18,066 Total cost 63,494 60,393 Less accumulated depreciation (32,109 ) (29,608 ) Premises and equipment, net $ 31,385 $ 30,785 Depreciation expense was approximately $2.5 million and $2.3 million for 2021 2020,

Note 6 - Foreclosed Real Estate

Note 6 - Foreclosed Real Estate	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Real Estate Disclosure [Text Block]	Note 6 Foreclosed Real Estate At year end, foreclosed real estate is summarized below: (Dollars in thousands) 2021 2020 Residential real estate $ - $ 328 Commercial business - 210 Total $ - $ 538

Note 7 - Goodwill and Other Int

Note 7 - Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 7 Goodwill and Other Intangible Assets The Bancorp established a goodwill balance totaling $11.1 million from past acquisitions. Goodwill is tested annually for impairment. Goodwill arising from business combinations represents the value attributable to unidentifiable intangible assets in the business acquired. The Bancorp’s goodwill relates to the value inherent in the banking industry and that value is dependent upon the ability of the Bancorp to provide quality, cost effective banking services in a competitive marketplace. If the implied fair value of goodwill is lower than its carrying amount, goodwill impairment is indicated and goodwill is written down to its implied fair value. There has not December 31, 2021 December 31, 2020, In addition to goodwill, core deposit intangibles were established from past acquisitions and are subject to amortization. As of December 31, 2021, The annual amortization for the twelve December 31, (dollars in thousands) Total 2020 $ 994 2021 $ 994 Amortization to be recorded in future periods, is as follows: (dollars in thousands) Total 2022 983 2023 962 2024 919 2025 262 Total $ 3,126

Note 8 - Income Taxes

Note 8 - Income Taxes	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 8 Income Taxes At year-end, components of income tax expense consist of the following: (Dollars in thousands) 2021 2020 Federal: Current $ 1,021 $ 2,202 Deferred 154 (197 ) State: Current 256 - Deferred, net of valuation allowance (17 ) 769 Income tax expense $ 1,414 $ 2,774 Effective tax rates differ from the federal statutory rate of 21% for 2021 2020 (Dollars in thousands) 2021 2020 Federal statutory rate 21 % 21 % Tax expense at statutory rate $ 3,439 $ 3,928 State tax, net of federal effect 189 607 Tax exempt income (1,297 ) (887 ) Bank owned life insurance (150 ) (149 ) Captive insurance (212 ) (188 ) Tax credit investments (415 ) (415 ) Other (140 ) (122 ) Total income tax expense $ 1,414 $ 2,774 At December 31, (Dollars in thousands) 2021 2020 Deferred tax assets: Bad debts $ 3,385 $ 3,090 Deferred compensation 352 343 Net operating loss 2,238 2,553 Tax credits 73 70 Nonaccrual loan interest income 244 206 Share based compensation 255 256 REO writedowns - 23 Unqualified deferred compensation plan 61 60 Other-than-temporary impairment 39 39 Accrued vacation 56 75 Nondeductible transaction costs 74 - Deferred loan costs, net of fees 288 75 Other 92 84 Total deferred tax assets 7,157 6,874 Deferred tax liabilities: Depreciation (1,134 ) (1,147 ) Prepaids (510 ) (443 ) Mortgage servicing rights (289 ) (163 ) Deferred stock dividends (100 ) (100 ) Unrealized appreciation on securities available-for-sale, net (1,129 ) (2,767 ) Purchase accounting (708 ) (492 ) Partnership (311 ) (280 ) Other (119 ) (116 ) Total deferred tax liabilities (4,300 ) (5,508 ) Valuation allowance (12 ) (22 ) Net deferred tax asset $ 2,845 $ 1,344 At December 31, 2021, not 2017 not no not December 31, 2021, 2020, The Bancorp acquired $3.3 million of federal net operating loss carryforwards and $7.2 million of Illinois net operating loss carryforwards with the acquisition of First Personal Financial Corp during 2018 2028 2035, not 2019 2031. 382 no not The Bancorp acquired $7.2 million of federal net operating loss carryforwards and $11.4 million of Illinois net operating loss carryforwards with the acquisition of AJS Bancorp Inc. during 2019 2030 2037, not 2020 2031. 382 no not At December 31, 2021 The Bancorp qualified under provisions of the Internal Revenue Code, to deduct from taxable income a provision for bad debts in excess of the provision for such losses charged to income in the financial statements, if any. Accordingly, retained earnings at December 31, 2021, 2020, no December 31, 2021, 2020. The Bancorp had no 2021 2020 not 2021. 2021 2020. The Bancorp and its subsidiaries are subject to US Federal income tax as well as income tax of the states of Indiana and Illinois. The Bancorp is no 2018.

Note 9 - Deposits

Note 9 - Deposits	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	Note 9 Deposits The aggregate amount of certificates of deposit with a balance of $250 December 31, 2021 December 31, 2020. At December 31, 2021, (Dollars in thousands) 2022 $ 198,727 2023 31,573 2024 7,772 2025 1,135 2026 10 Total $ 239,217 The Bancorp’s end-of-period deposit portfolio balances were as follows: December 31, December 31, (Dollars in thousands) 2021 2020 Balance Balance Checking $ 629,038 $ 516,487 Savings 293,976 254,108 Money market 271,970 246,916 Certificates of deposit 239,217 284,828 Total deposits $ 1,434,201 $ 1,302,339

Note 10 - Borrowed Funds

Note 10 - Borrowed Funds	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 10 Borrowed Funds At December 31, 2021, December 31, 2020, (Dollars in thousands) 2021 2020 Fixed rate advances from the FHLB $ - $ 6,000 Other - 149 Total $ - $ 6,149 Repurchase agreements generally mature within one December 31, (Dollars in thousands) 2020 2019 Ending balance $ 14,581 $ 13,711 Average balance during the year 17,789 16,975 Maximum month-end balance during the year 24,514 21,100 Securities underlying the agreements at year end: Carrying value 14,885 23,860 Fair value 14,885 23,860 Average interest rate during the year 0.26 % 0.58 % Average interest rate at year end 0.26 % 0.32 % At December 31, (Dollars in thousands) 2020 2019 Fixed rate advances, none oustanding as of year ended 2021; average rate: 2021 – N/A; 2020 – 2.66% $ - $ 6,000 Fixed rate advances are payable at maturity, with a prepayment penalty. The advances were collateralized by mortgage loans with a carrying value totaling approximately $506.4 million at December 31, 2021. not December 31, 2021 December 31, 2020. not December 31, 2021, December 31, 2020,

Note 11 - Employees' Benefit Pl

Note 11 - Employees' Benefit Plans	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	Note 11 Employees Benefit Plans The Bancorp maintains an Employees’ Savings and Profit Sharing Plan and Trust for all employees who meet the plan qualifications. Employees are eligible to participate in the Employees’ Savings and Profit Sharing Plan and Trust on the next January 1 July 1 one 18, 1,000 401 first 90 December 31, 2021 2020 two three four five 100% 65 2021 2020. The Bancorp maintains an Unqualified Deferred Compensation Plan (the “UDC Plan”). The purpose of the UDC Plan is to provide deferred compensation to key senior management employees of the Bancorp in order to recognize their substantial contributions to the Bank and provide them with additional financial security as inducement to remain with the Bank. The Compensation Committee selects which persons shall be participants in the UDC Plan. Participants’ accounts are credited each year with an amount based on a formula involving the participant’s employer funded contributions under all qualified plans and the limitations imposed by Internal Revenue Code subsection 401 17 415. December 31, 2021 2020 2021 2020. Directors have deferred some of their fees in consideration of future payments. Fee deferrals, including interest, totaled approximately $74 thousand and $68 thousand for 2021 2020, December 31, 2021 2020

Note 12 - Regulatory Capital

Note 12 - Regulatory Capital	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 12 Regulatory Capital The Bancorp and Bank are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and prompt corrective action regulations involve quantitative measures of assets, liabilities, and certain off-balance-sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet various capital requirements can initiate regulatory action. Prompt corrective action regulations provide five not December 31, 2021 2020, no In addition to establishing the minimum regulatory capital requirements, the regulations limit capital distributions by the institution and certain discretionary bonus payments to management if an institution does not 2.5% 1 In addition, the following table shows that, at December 31, 2021, 2020, (Dollars in millions) Minimum Required To Be Minimum Required For Well Capitalized Under Prompt Actual Capital Adequacy Purposes Corrective Action Regulations At December 31, 2021 Amount Ratio Amount Ratio Amount Ratio Common equity tier 1 capital to risk-weighted assets $ 133.7 12.6 % $ 47.8 4.5 % $ 69.0 6.5 % Tier 1 capital to risk-weighted assets $ 133.7 12.6 % $ 63.7 6.0 % $ 85.0 8.0 % Total capital to risk-weighted assets $ 147.0 13.9 % $ 85.0 8.0 % $ 106.2 10.0 % Tier 1 capital to adjusted average assets $ 133.7 8.4 % $ 64.1 4.0 % $ 80.1 5.0 % (Dollars in millions) Minimum Required To Be Minimum Required For Well Capitalized Under Prompt Actual Capital Adequacy Purposes Corrective Action Regulations At December 31, 2020 Amount Ratio Amount Ratio Amount Ratio Common equity tier 1 capital to risk-weighted assets $ 122.0 12.6 % $ 43.8 4.5 % $ 63.2 6.5 % Tier 1 capital to risk-weighted assets $ 122.0 12.6 % $ 58.4 6.0 % $ 77.8 8.0 % Total capital to risk-weighted assets $ 134.2 13.8 % $ 77.8 8.0 % $ 97.3 10.0 % Tier 1 capital to adjusted average assets $ 122.0 8.3 % $ 59.1 4.0 % $ 73.9 5.0 % The Bancorp’s ability to pay dividends to its shareholders is entirely dependent upon the Bank’s ability to pay dividends to the Bancorp. Under Indiana law, the Bank may two 1 2 not 1 7.5%; not may 2021, 2021 may November 19, 2021 fourth fourth January 7, 2022.

Note 13 - Stock Based Compensat

Note 13 - Stock Based Compensation	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	Note 13 Stock Based Compensation The Bancorp’s 2015 February 17, 2015 April 24, 2015, may The fair value of each incentive stock option award is estimated on the date of grant using a closed form option valuation (Black-Scholes) model. Expected volatilities are based on historical volatilities of the Company’s common stock. No incentive stock options were granted during 2021 2020. not At December 31, 2021 2020, no Restricted stock awards are generally granted with an award price equal to the market price of the Bancorp’s common stock on the award date. Restricted stock awards have been issued with a three five 2021 2020, When awarded restricted shares vest, employees of the Bank can elect to surrender a portion of their vested shares back to the Bancorp to cover the tax liability of their awards. Shares were surrendered with a total value of $131 thousand and $85 thousand in 2021 2020,   A summary of changes in the Bancorp’s non-vested restricted stock for 2021 2020 Non-vested Shares Shares Weighted Average Grant Date Fair Value Non-vested at January 1, 2020 30,205 $ 35.63 Granted 13,243 44.30 Vested (6,400 ) 27.50 Forfeited (220 ) 43.65 Non-vested at December 31, 2020 36,828 $ 40.11 Non-vested at January 1, 2021 36,828 $ 40.11 Granted 21,255 41.42 Vested (13,493 ) 34.84 Forfeited (355 ) 41.50 Non-vested at December 31, 2021 44,235 $ 42.33 As of December 31, 2021,

Note 14 - Earnings Per Common S

Note 14 - Earnings Per Common Share	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 14 Earnings per Common Share Earnings per common share is computed by dividing net income by the weighted-average number of common shares outstanding. A reconciliation of the numerators and denominators of the basic earnings per common share and diluted earnings per common share computations for 2021 2020 (dollars in thousands except per share data) 2021 2020 Basic earnings per common share: Net income as reported $ 14,963 $ 15,932 Weighted average common shares outstanding 3,477,309 3,461,948 Basic earnings per common share $ 4.30 $ 4.60 Diluted earnings per common share: Net income as reported $ 14,963 $ 15,932 Weighted average common shares outstanding 3,477,309 3,461,948 Weighted average common and dilutive potential common shares outstanding 3,477,309 3,461,948 Diluted earnings per common share $ 4.30 $ 4.60

Note 15 - Related Party Transac

Note 15 - Related Party Transactions	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 15 Related Party Transactions The Bancorp had aggregate loans outstanding to directors and executive officers (with individual balances exceeding $120 thousand) of approximately $3.9 million at December 31, 2021, December 31, 2020. December 31, 2021, (Dollars in thousands) Aggregate balance at the beginning of the year $ 4,350 New loans - Repayments (467 ) Aggregate balance at the end of the year $ 3,883 Deposits from directors and executive officers totaled approximately $3.9 million and $5.3 million at December 31, 2021 2020,

Note 16 - Commitments and Conti

Note 16 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 16 Commitments and Contingencies The Bancorp is a party to financial instruments in the normal course of business to meet the financing needs of its customers. These financial instruments, which include commitments to make loans and standby letters of credit, are not The Bancorp’s exposure to credit loss in the event of non-performance by the other party to the financial instrument for commitments to originate loans and standby letters of credit is represented by the contractual amount of those instruments. Commitments generally have fixed expiration dates or other termination clauses and may may not The Bancorp had outstanding commitments to originate loans as follows: (Dollars in thousands) Fixed Variable Rate Rate Total December 31, 2021: Residential real estate $ 34 $ 19,261 $ 19,295 Home equity 41,944 7,066 49,010 Commercial real estate 2,033 8,745 10,778 Construction and land development 34,817 24,491 59,308 Multifamily 229 958 1,187 Consumer 23,422 - 23,422 Commercial business 545 61,440 61,985 Lot - 9,399 9,399 Total $ 103,024 $ 131,360 $ 234,384 December 31, 2020: Residential real estate $ 749 $ 21,961 $ 22,710 Home equity 44,972 7,951 52,923 Commercial real estate 2,955 13,138 16,093 Construction and land development 20,667 30,959 51,626 Multifamily 158 579 737 Consumer 23,020 - 23,020 Commercial business 946 56,744 57,690 Lot - 87 87 Total $ 93,467 $ 131,419 $ 224,886 The approximately $103.0 million in fixed rate commitments outstanding at December 31, 2021, not forty-five December 31, 2020, not forty-five Standby letters of credit are conditional commitments issued by the Bancorp to guarantee the performance of a customer to a third December 31, 2021, 2020, not may

Note 17 - Derivative Financial

Note 17 - Derivative Financial Instruments	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Note 17 Derivative Financial Instruments The Bancorp uses derivative financial instruments to help manage exposure to interest rate risk and the effects that changes in interest rates may not not not not The Bancorp enters into commitments to originate loans whereby the interest rate on the loan is determined prior to funding (i.e., interest rate lock commitment). The interest rate lock commitments are considered derivatives and are recorded on the accompanying consolidated balance sheets at fair value in accordance with FASB ASC 815, The following table shows the amounts of non-hedging derivative financial instruments: December 31, 2021 Notational or contractual Asset derivatives Liability derivatives (Dollars in thousands) amount Statement of Financial Condition classification Fair value Statement of Financial Condition classification Fair value Interest rate swap contracts $ 94,154 Other assets $ 2,686 Other liabilties $ 2,686 Interest rate lock commitments 7,837 Other assets 141 N/A - Total $ 101,991 $ 2,827 $ 2,686 December 31, 2020 Notational or contractual Asset derivatives Liability derivatives (Dollars in thousands) amount Statement of Financial Condition classification Fair value Statement of Financial Condition classification Fair value Interest rate swap contracts $ 72,707 Other assets $ 3,638 Other liabilties $ 3,638 Interest rate lock commitments 26,443 Other assets 374 N/A - Total $ 99,150 $ 4,012 $ 3,638 The following table shows the amounts included in the Statements of Income for non-hedging derivative financial instruments: Year-ended (Dollars in thousands) Statement of Income Classification 2021 2020 Interest rate swap contracts Fees and service charges $ 379 $ 800 Interest rate lock commitments Gain on sale of loans held-for-sale, net (233 ) 187 Total $ 146 $ 987 The following table shows the offsetting of financial assets and derivative assets: Gross Amounts not Offset in the Statement of Financial Condition Gross Amounts of Gross Amounts Offset in the Net Amounts of Assets Presented Cash Collateral (Dollars in thousands) Recognized Assets Statement of Financial Condition in the Statement of Financial Condition Financial Instruments Received Net Amount December 31, 2021 Interest rate swap contracts $ 2,686 $ - $ 2,686 $ - $ - $ 2,686 Interest rate lock commitments 141 - 141 - - 141 Total $ 2,827 $ - $ 2,827 $ - $ - $ 2,827 Gross Amounts not Offset in the Statement of Financial Condition Gross Amounts of Gross Amounts Offset in the Net Amounts of Liabilities Presented Cash Collateral (Dollars in thousands) Recognized Liabilities Statement of Financial Condition in the Statement of Financial Condition Financial Instruments Received Net Amount December 31, 2020 Interest rate swap contracts $ 3,638 $ - $ 3,638 $ - $ - $ 3,638 Interest rate lock commitments 374 - 374 - - 374 Total $ 4,012 $ - $ 4,012 $ - $ - $ 4,012 The following table shows the offsetting of financial liabilities and derivative liabilities: Gross Amounts not Offset in the Statement of Financial Condition Gross Amounts of Gross Amounts Offset in the Net Amounts of Liabilities Presented Cash Collateral (Dollars in thousands) Recognized Liabilities Statement of Financial Condition in the Statement of Financial Condition Financial Instruments Pledged Net Amount December 31, 2021 Interest rate swap contracts $ 2,686 $ - $ 2,686 $ - $ 3,930 $ (1,244 ) Total $ 2,686 $ - $ 2,686 $ - $ 3,930 $ (1,244 ) Gross Amounts not Offset in the Statement of Financial Condition Gross Amounts of Gross Amounts Offset in the Net Amounts of Liabilities Presented Cash Collateral (Dollars in thousands) Recognized Liabilities Statement of Financial Condition in the Statement of Financial Condition Financial Instruments Pledged Net Amount December 31, 2020 Interest rate swap contracts $ 3,638 $ - $ 3,638 $ - $ 3,930 $ (292 ) Total $ 3,638 $ - $ 3,638 $ - $ 3,930 $ (292 )

Note 18 - Fair Values of Financ

Note 18 - Fair Values of Financial Instruments	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 18 Fair Values of Financial Instruments The Fair Value Measurements Topic (the “Topic”) establishes a hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The Topic describes three may Level 1: Level 2: 1 not Level 3: The fair values of securities available for sale are determined on a recurring basis by obtaining quoted prices on nationally recognized securities exchanges or pricing models utilizing significant observable inputs such as matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on the securities’ relationship to other benchmark quoted securities. Different judgments and assumptions used in pricing could result in different estimates of value. In certain cases where market data is not may 3 At the end of each reporting period, securities held in the investment portfolio are evaluated on an individual security level for other-than-temporary impairment in accordance with the Investments – Debt and Equity Securities Topic. Impairment is other-than-temporary if the decline in the fair value of the security is below its amortized cost and it is probable that all amounts due according to the contractual terms of a debt security will not 1 2 not The Bancorp’s management utilizes a specialist to perform an other-than-temporary impairment analysis for each of its two December 31 10 10 9C 9SP six 1, two December 31, 2021 2020. The table below shows the credit loss roll forward for the Bancorp’s pooled trust preferred securities that have been classified with other-than-temporary impairment: (Dollars in thousands) Collateralized debt obligations other-than-temporary impairment Ending balance, December 31, 2020 $ 173 Additions not previously recognized - Ending balance, December 31, 2021 $ 173 The Bancorp’s subordination for each trust preferred security is calculated by taking the total performing collateral and subtracting the sum of the total collateral within the Bancorp’s class and the total collateral within all senior classes, and then stating this result as a percentage of the total performing collateral. This measure is an indicator of the level of collateral that can default before potential cash flow disruptions may December 31, 2021 2020, Management calculated the other-than-temporary impairment model assumptions based on the specific collateral underlying each individual security. The following assumption methodology was applied consistently to each of the two no no 3 At December 31, 2021 2020, not not Assets and Liabilities Measured at Fair Values on a Recurring Basis There were no 1 2 December 31, 2021 2020. 3 3 2021 2020. (Dollars in thousands) Fair Value Measurements at December 31, 2021 Using (Dollars in thousands) Estimated Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets: Interest rate swap contracts $ 2,686 $ - $ 2,686 $ - Interest rate lock commitments 141 - 141 - Available-for-sale debt securities: U.S. government sponsored entities 8,669 - 8,669 - U.S. treasury securities 400 - 400 - Collateralized mortgage obligations and residential mortgage-backed securities 184,701 - 184,701 - Municipal securities 332,127 - 332,127 - Collateralized debt obligations 992 - - 992 Total securities available-for-sale $ 526,889 $ - $ 525,897 $ 992 Liabilities: Interest rate swap contracts $ 2,686 $ - $ 2,686 $ - (Dollars in thousands) Fair Value Measurements at December 31, 2020 Using (Dollars in thousands) Estimated Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets: Interest rate swap contracts $ 3,638 $ - $ 3,638 $ - Interest rate lock commitments 374 - 374 - Available-for-sale debt securities: Money market fund 52,941 52,941 - - U.S. government sponsored entities 7,860 - 7,860 - Collateralized mortgage obligations and residential mortgage-backed securities 154,736 - 154,736 - Municipal securities 194,203 - 194,203 - Collateralized debt obligations 929 - - 929 Total securities available-for-sale $ 410,669 $ 52,941 $ 356,799 $ 929 Liabilities: Interest rate swap contracts $ 3,638 $ - $ 3,638 $ - A reconciliation of available-for-sale securities, which require significant adjustment based on unobservable data, is presented below: (Dollars in thousands) Estimated Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Available-for- Beginning balance, January 1, 2020 $ 1,076 Principal payments (20 ) Total unrealized losses, included in other comprehensive income.. (127 ) Ending balance, December 31, 2020 $ 929 Beginning balance, January 1, 2021 $ 929 Principal payments (9 ) Total unrealized gains, included in other comprehensive income 72 Ending balance, December 31, 2021 $ 992 Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis Assets and liabilities measured at fair value on a non-recurring basis are summarized below: (Dollars in thousands) Fair Value Measurements at December 31, 2021 Using (Dollars in thousands) Estimated Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impaired loans $ 896 $ - $ - $ 896 Foreclosed real estate - - - - (Dollars in thousands) Fair Value Measurements at December 31, 2020 Using (Dollars in thousands) Estimated Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impaired loans $ 10,046 $ - $ - $ 10,046 Foreclosed real estate 538 - - 1,083 Fair value is determined, where possible, using market prices derived from an appraisal or evaluation, which are considered to be Level 2 3 not The following table shows carrying values and related estimated fair values of financial instruments as of the dates indicated. Estimated fair values are further categorized by the inputs used to measure fair value. Items that are not not December 31, 2021 Estimated Fair Value Measurements at December 31, 2021 Using (Dollars in thousands) Carrying Estimated Quoted Prices in Significant Significant Financial assets: Cash and cash equivalents $ 33,176 $ 33,176 $ 33,176 $ - $ - Certificates of deposit in other financial institutions 1,709 1,737 - 1,737 - Loans held-for-sale 4,987 5,065 - 5,065 - Loans receivable, net 953,377 951,744 - - 951,744 Federal Home Loan Bank stock 3,247 3,247 - 3,247 - Accrued interest receivable 5,444 5,444 - 5,444 - Financial liabilities: Non-interest bearing deposits 295,294 295,294 295,294 - - Interest bearing deposits 1,138,907 1,139,126 899,690 239,436 - Repurchase agreements 14,581 14,579 12,842 1,737 - Borrowed funds - - - - - Accrued interest payable 22 22 - 22 - December 31, 2020 Estimated Fair Value Measurements at December 31, 2020 Using (Dollars in thousands) Carrying Estimated Quoted Prices in Significant Significant Financial assets: Cash and cash equivalents $ 19,922 $ 19,922 $ 19,922 $ - $ - Certificates of deposit in other financial institutions 1,897 1,868 - 1,868 - Loans held-for-sale 11,329 11,660 11,660 - - Loans receivable, net 952,688 982,793 - - 982,793 Federal Home Loan Bank stock 3,918 3,918 - 3,918 - Accrued interest receivable 4,713 4,713 - 4,713 - Financial liabilities: Non-interest bearing deposits 241,620 241,620 241,620 - - Interest bearing deposits 1,060,719 1,061,294 775,891 285,403 - Repurchase agreements 13,711 13,713 11,976 1,737 - Borrowed funds 6,149 6,018 - 6,018 - Accrued interest payable 54 54 - 54 - The following methods were used to estimate the fair value of financial instruments presented in the preceding table for the periods ended December 31, 2021 2020: Cash and cash equivalent carrying amounts approximate fair value. Certificates of deposits in other financial institutions carrying amounts approximate fair value (Level 2 2 third 3 1 3 third 2 Non-interest and interest bearing deposits, which include checking, savings, and money market deposits, are estimated to have fair values based on the amount payable as of the reporting date (Level 1 2 1 three 2 1 2 not

Note 19 - Parent Company Only S

Note 19 - Parent Company Only Statements	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	Note 19 Parent Company Only Statements (Dollars in thousands) Finward Bancorp Condensed Balance Sheets December 31, December 31, 2021 2020 Assets Cash on deposit with Peoples Bank $ 1,183 $ 805 Investment in Peoples Bank 153,772 149,695 Investment in NWIN Risk Management, Inc 1,970 1,775 Dividends receivable from Peoples Bank 1,070 1,070 Other assets 581 420 Total assets $ 158,576 $ 153,765 Liabilities and stockholders’ equity Dividends payable $ 1,079 $ 1,074 Other liabilities 882 1,002 Total liabilities 1,961 2,076 Additional paid in capital 30,430 29,987 Accumulated other comprehensive (loss) income 4,276 10,441 Retained earnings 121,909 111,261 Total stockholders’ equity 156,615 151,689 Total liabilities and stockholders’ equity $ 158,576 $ 153,765 (Dollars in thousands) Finward Bancorp Condensed Statements of Income Year Ended December 31, 2021 2020 Dividends from Peoples Bank $ 4,880 $ 3,395 Operating expenses 448 413 Income before income taxes and equity in undistributed income of Peoples Bank 4,432 2,982 Income tax benefit (94 ) (86 ) Income before equity in undistributed income of Peoples Bank 4,526 3,068 Equity in undistributed (distributions in excess of income) income of Peoples Bank 9,413 11,941 income of NWIN Risk Management, Inc 1,024 923 Net income $ 14,963 $ 15,932 (Dollars in thousands) Finward Bancorp Condensed Statements of Comprehensive Income Year Ended December 31, 2021 2020 Net Income $ 14,963 $ 15,932 Net change in net unrealized gains and losses on securities available-for-sale: Unrealized (loss) gain arising during the period (5,816 ) 10,169 Less: reclassification adjustment for gains included in net income (1,987 ) (2,348 ) Net securities gain during the period (7,803 ) 7,821 Tax effect 1,638 (1,641 ) Net of tax amount (6,165 ) 6,180 Comprehensive income, net of tax $ 8,798 $ 22,112 (Dollars in thousands) Finward Bancorp Condensed Statements of Cash Flows Year Ended December 31, 2021 2020 Cash flows from operating activities: Net income $ 14,963 $ 15,932 Adjustments to reconcile net income to net cash provided by operating activities Distributions in excess of income (equity in undistributed income): Peoples Bank (9,413 ) (11,941 ) NWIN Risk Management, Inc (1,024 ) (923 ) Distribution from NWIN Risk Management, Inc 830 884 Stock based compensation expense 574 415 Change in other assets (161 ) 190 Change in other liabilities (120 ) 433 Net cash - operating activities 5,649 4,990 Cash flows from investing activities: Investment in Peoples Bank (830 ) - Net cash - investing activities (830 ) - Cash flows from financing activities: Dividends paid (4,310 ) (4,291 ) Net surrender value of restricted stock awards (131 ) (85 ) Net cash - financing activities (4,441 ) (4,376 ) Net change in cash 378 614 Cash at beginning of year 805 191 Cash at end of year $ 1,183 $ 805 SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: Cash paid during the period for: Income taxes 2,185 1,025 Noncash activities: Dividends declared not paid 1,079 1,074

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation may
Use of Estimates, Policy [Policy Text Block]	Use of Estimates
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations of Credit Risk
Description of Cash Flow Hedge Risk Management Policy	<i>Cash Flow Reporting</i> – For purposes of the statements of cash flows, the Bancorp considers cash on hand, noninterest bearing deposits in other financial institutions, all interest bearing deposits in other financial institutions with original maturities of <em style="font: inherit;">90</em> days or less, and federal funds sold to be cash and cash equivalents. The Bancorp reports net cash flows for customer loan and deposit transactions and short-term borrowings with maturities of <em style="font: inherit;">90</em> days or less.</p> <p style="font-family: Arial; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p>" id="sjs-B7">&lt;p style="font-family: Arial; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 18pt;">&lt;i>Cash Flow Reporting&lt;/i> – For purposes of the statements of cash flows, the Bancorp considers cash on hand, noninterest bearing deposits in other financial institutions, all interest bearing deposits in other financial institutions with original maturities of &lt;em style="font: inherit;">90&lt;/em> days or less, and federal funds sold to be cash and cash equivalents. The Bancorp reports net cash flows for customer loan and deposit transactions and short-term borrowings with maturities of &lt;em style="font: inherit;">90&lt;/em> days or less.&lt;/p> &lt;p style="font-family: Arial; font-size: 10pt; font-variant: normal; margin: 0pt;"> &lt;/p>
Certificates of Deposits in Other Financial Institutions [Policy Text Block]	Certificates of deposits in other financial institutions 5
Marketable Securities, Policy [Policy Text Block]	Securities may December 31, 2021, 2020, not The Bancorp considers the following factors when determining an other-than-temporary impairment for a security: the length of time and the extent to which the market value has been less than amortized cost; the financial condition and near-term prospects of the issuer; the underlying fundamentals of the relevant market and the outlook for such market for the near future; and an assessment of whether the Bancorp has ( 1 2 not
Financing Receivable, Held-for-sale [Policy Text Block]	Loans Held-for-Sale Mortgage loans held-for-sale can be sold with servicing rights retained or released. The carrying value of mortgage loans sold is reduced by the amount allocated to the servicing rights. Gains and losses on sales of mortgage loans are based on the difference between the selling price and the carrying value of the related loan sold.
Loans and Loan Income [Policy Text Block]	Loans and Loan Interest Income The accrual of interest income on mortgage and commercial loans is discontinued at the time the loan is 90 no 120 Generally, interest accrued but not
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses may A loan is considered impaired when, based on current information and events, it is probable that the Bancorp will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not
Troubled Debt Restructuring [Policy Text Block]	Troubled Debt Restructures not not On March 27, 2020, 4013 19 March 1, 2020 December 31, 2021 60 19 4013 December 27, 2020 January 1, 2022. not 30 December 31, 2020 December 31, 2021, 19 Some of the factors considered by management when determining whether a borrower is experiencing financial difficulties are: ( 1 2 3
Federal Home Loan Bank Stock [Policy Text Block]	Federal Home Loan Bank Stock may
Transfers and Servicing of Financial Assets, Policy [Policy Text Block]	Transfers of Financial Assets 1 2 3 not
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and Equipment
Real Estate, Policy [Policy Text Block]	Foreclosed Real Estate
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Long-term Assets may not
Bank Owned Life Insurance [Policy Text Block]	Bank Owned Life Insurance
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill and Intangibles third may 350,
Repurchase Agreements, Valuation, Policy [Policy Text Block]	Repurchase Agreements not
Income Tax, Policy [Policy Text Block]	Income Taxes At December 31, 2021 2020, not not December 31, 2021 2020.
Loan Commitments, Policy [Policy Text Block]	Loan Commitments and Related Financial Instruments As part of mortgage banking operations, the Company enters into commitments to originate loans whereby the interest rate on these loans is determined prior to funding (“interest rate lock commitments”). Similar to loans held for sale, the fair value of rate lock commitments is subject to change primarily due to changes in interest rates. The interest rate lock commitments on mortgage loans intended to be sold are recorded at fair value with changes in fair value recorded in current earnings as part of gain on sale of loans held-for-sale, net.
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Common Share
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income
Malpractice Loss Contingency, Policy [Policy Text Block]	Loss Contingencies not
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Restrictions on Cash March 26, 2020, no December 31, 2021. December 31, 2021 2020. December 31, 2021, not
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments
Operating Segments [Policy Text Block]	Operating Segments not one
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassification December 31, 2020, may December 31, 2021
Trust Assets [Policy Text Block]	Trust Assets not not
New Accounting Pronouncements, Policy [Policy Text Block]	Adoption of New Accounting Pronouncements In January 2017, 2017 04, 350 2 2 2, No. 2017 04, 1 2 not No. 2017 04 zero 2 December 31, 2020, January 1, 2020. not not On January 1, 2020, 2018–13, 820 1 2 3 3 3 may 3 not In December 2019, 2019 12 740 not December 15, 2020. 2019 12 January 1, 2021 not Upcoming Accounting Pronouncements - In June 2016, No. 2016 13, October 2019, December 15, 2022, January 1, 2023. first December 15, 2018, In March 2020, No. 2020 04 848 January 2021, 2021 01 848 March 12, 2020, December 31, 2022. December 31, 2020, December 31, 2022, not
Revision of Previously Issued Financial Statements [Policy Text Block]	Revision of Previously Issued Financial Statements . We have revised amounts reported in previously issued financial statements for the periods presented in this Annual Report on Form 10 second 2021. We evaluated the aggregate effects of the errors to our previously issued financial statements in accordance with SEC Staff Accounting Bulletins No. 99 No. 108 not 10 December 31, 2020. The following tables present the revisions to the line items of our previously issued financial statements as of and for the year ended December 31, 2020, Consolidated Balance Sheet (Dollar amounts in thousands except for per share amounts) As of December 31, 2020 As Reported Adjustment As Revised Loans receivable $ 966,578 $ (1,432 ) $ 965,146 Net loans receivable 954,120 (1,432 ) 952,688 Other assets 13,681 199 13,880 Total assets 1,497,525 (1,233 ) 1,496,292 Retained earnings 112,494 (1,233 ) 111,261 Total shareholders' equity 152,922 (1,233 ) 151,689 Total liabilities and stockholders' equity 1,497,525 (1,233 ) 1,496,292 Consolidated Statement of Income For the year ending December 31, 2020 As Reported Adjustment As Revised Compensation and benefits $ 22,065 $ 790 $ 22,855 Total noninterest expense 40,846 790 41,636 Income before income tax expense 19,496 (790 ) 18,706 Income tax expenses 2,892 (118 ) 2,774 Net income 16,604 (672 ) 15,932 Earnings per common share: Basic 4.80 (0.20 ) 4.60 Diluted 4.80 (0.20 ) 4.60 Consolidated Statements of Comprehensive Income For the year ending December 31, 2020 As Reported Adjustment As Revised Net income $ 16,604 $ (672 ) $ 15,932 Comprehensive income, net of tax 22,784 (672 ) 22,112 Consolidated Statements of Changes in Stockholders' Equity Balance at January 1, 2020 As Reported Adjustment As Revised Retained earnings $ 100,185 $ (561 ) $ 99,624 Total equity 134,103 (561 ) 133,542 For the year ending December 31, 2020 Net income 16,604 (672 ) 15,932 Retained earnings 112,494 (1,233 ) 111,261 Total equity 152,922 (1,233 ) 151,689 Consolidated Statements of Cash Flows Year ended December 31, 2020 As Reported Adjustment As Revised Net income $ 16,604 $ (672 ) $ 15,932 Deferred tax expense 690 (118 ) 572 Net cash - operating activities 20,526 (790 ) 19,736 Net change in loan (49,196 ) 790 (48,406 ) Net cash - investing activities (185,850 ) 790 (185,060 )

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]	Consolidated Balance Sheet (Dollar amounts in thousands except for per share amounts) As of December 31, 2020 As Reported Adjustment As Revised Loans receivable $ 966,578 $ (1,432 ) $ 965,146 Net loans receivable 954,120 (1,432 ) 952,688 Other assets 13,681 199 13,880 Total assets 1,497,525 (1,233 ) 1,496,292 Retained earnings 112,494 (1,233 ) 111,261 Total shareholders' equity 152,922 (1,233 ) 151,689 Total liabilities and stockholders' equity 1,497,525 (1,233 ) 1,496,292 Consolidated Statement of Income For the year ending December 31, 2020 As Reported Adjustment As Revised Compensation and benefits $ 22,065 $ 790 $ 22,855 Total noninterest expense 40,846 790 41,636 Income before income tax expense 19,496 (790 ) 18,706 Income tax expenses 2,892 (118 ) 2,774 Net income 16,604 (672 ) 15,932 Earnings per common share: Basic 4.80 (0.20 ) 4.60 Diluted 4.80 (0.20 ) 4.60 Consolidated Statements of Comprehensive Income For the year ending December 31, 2020 As Reported Adjustment As Revised Net income $ 16,604 $ (672 ) $ 15,932 Comprehensive income, net of tax 22,784 (672 ) 22,112 Consolidated Statements of Changes in Stockholders' Equity Balance at January 1, 2020 As Reported Adjustment As Revised Retained earnings $ 100,185 $ (561 ) $ 99,624 Total equity 134,103 (561 ) 133,542 For the year ending December 31, 2020 Net income 16,604 (672 ) 15,932 Retained earnings 112,494 (1,233 ) 111,261 Total equity 152,922 (1,233 ) 151,689 Consolidated Statements of Cash Flows Year ended December 31, 2020 As Reported Adjustment As Revised Net income $ 16,604 $ (672 ) $ 15,932 Deferred tax expense 690 (118 ) 572 Net cash - operating activities 20,526 (790 ) 19,736 Net change in loan (49,196 ) 790 (48,406 ) Net cash - investing activities (185,850 ) 790 (185,060 )

Note 3 - Securities (Tables)

Note 3 - Securities (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Debt Securities, Available-for-sale [Table Text Block]	(Dollars in thousands) Gross Gross Estimated Cost Unrealized Unrealized Fair Basis Gains Losses Value December 31, 2021 U.S. government sponsored entities $ 8,883 $ - $ (214 ) $ 8,669 U.S. treasury securities 400 - - 400 Collateralized mortgage obligations and residential mortgage-backed securities 187,279 961 (3,539 ) 184,701 Municipal securities 322,750 9,904 (527 ) 332,127 Collateralized debt obligations 2,173 - (1,181 ) 992 Total securities available-for-sale $ 521,485 $ 10,865 $ (5,461 ) $ 526,889 (Dollars in thousands) Gross Gross Estimated Cost Unrealized Unrealized Fair Basis Gains Losses Value December 31, 2020 Money market fund $ 52,941 $ - $ - $ 52,941 U.S. government sponsored entities 7,881 3 (24 ) 7,860 Collateralized mortgage obligations and residential mortgage-backed securities 151,355 3,417 (36 ) 154,736 Municipal securities 183,103 11,102 (2 ) 194,203 Collateralized debt obligations 2,182 - (1,253 ) 929 Total securities available-for-sale $ 397,462 $ 14,522 $ (1,315 ) $ 410,669
Investments Classified by Contractual Maturity Date [Table Text Block]	(Dollars in thousands) Available-for-sale Estimated Cost Fair December 31, 2021 Basis Value Due in one year or less $ 590 $ 592 Due from one to five years 1,759 1,765 Due from five to ten years 28,950 29,846 Due over ten years 302,907 309,985 Collateralized mortgage obligations and residential mortgage-backed securities 187,279 184,701 Total $ 521,485 $ 526,889
Schedule of Realized Gain (Loss) [Table Text Block]	(Dollars in thousands) December 31, December 31, 2021 2020 Proceeds $ 43,756 $ 51,350 Gross gains 2,010 2,407 Gross losses (23 ) (59 )
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	(Dollars in thousands) Unrealized Ending balance, December 31, 2020 $ 10,441 Current period change (6,165 ) Ending balance, December 31, 2021 $ 4,276
Unrealized Gain (Loss) on Investments [Table Text Block]	(Dollars in thousands) Less than 12 months 12 months or longer Total Estimated Estimated Estimated Percentage of Fair Unrealized Fair Unrealized Fair Unrealized Total Portfolio Value Losses Value Losses Value Losses in Loss Position December 31, 2021 U.S. government sponsored entities $ 8,669 $ (214 ) $ - $ - $ 8,669 $ (214 ) 100.0 % Collateralized mortgage obligations and residential mortgage-backed securities 126,373 (3,175 ) 8,109 (364 ) 134,482 (3,539 ) 72.8 % Municipal securities 70,309 (527 ) - - 70,309 (527 ) 21.2 % Collateralized debt obligations - - 992 (1,181 ) 992 (1,181 ) 100.0 % Total temporarily impaired $ 205,351 $ (3,916 ) $ 9,101 $ (1,545 ) $ 214,452 $ (5,461 ) 40.7 % Number of securities 133 5 138 (Dollars in thousands) Less than 12 months 12 months or longer Total Estimated Estimated Estimated Percentage of Fair Unrealized Fair Unrealized Fair Unrealized Total Portfolio Value Losses Value Losses Value Losses in Loss Position December 31, 2020 U.S. government sponsored entities $ 4,975 $ (24 ) $ - $ - $ 4,975 $ (24 ) 63.3 % Collateralized mortgage obligations and residential mortgage-backed securities 11,953 (36 ) - - 11,953 (36 ) 7.7 % Municipal securities 1,864 (2 ) - - 1,864 (2 ) 1.0 % Collateralized debt obligations - - 929 (1,253 ) 929 (1,253 ) 100.0 % Total temporarily impaired $ 18,792 $ (62 ) $ 929 $ (1,253 ) $ 19,721 $ (1,315 ) 4.8 % Number of securities 8 2 10

Note 4 - Loans Receivable (Tabl

Note 4 - Loans Receivable (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(Dollars in thousands) December 31, 2021 December 31, 2020 Loans secured by real estate: Residential real estate $ 260,134 $ 286,048 Home equity 34,612 39,233 Commercial real estate 317,145 298,257 Construction and land development 123,822 93,562 Multifamily 61,194 50,571 Farmland - 215 Total loans secured by real estate 796,907 767,886 Commercial business 115,772 158,140 Consumer 582 1,025 Manufactured homes 37,887 24,232 Government 8,991 10,142 Loans receivable 960,139 961,425 Less: Net deferred loan origination costs 6,810 3,871 Undisbursed loan funds (229 ) (150 ) Loans receivable, net of deferred fees and costs $ 966,720 $ 965,146
Financing Receivable, Allowance for Credit Loss [Table Text Block]	(Dollars in thousands) Beginning Balance Charge-offs Recoveries Provisions Ending Balance The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the twelve months ended December 31, 2021: Allowance for loan losses: Residential real estate $ 2,211 $ (32 ) $ 81 $ 220 $ 2,480 Home equity 276 (1 ) 1 81 357 Commercial real estate 5,406 (530 ) - 639 5,515 Construction and land development 1,405 - - 714 2,119 Multifamily 626 - - 222 848 Farmland - - - - - Commercial business 2,508 (158 ) 36 (377 ) 2,009 Consumer 26 (29 ) 8 10 15 Manufactured homes - - - - - Government - - - - - Total $ 12,458 $ (750 ) $ 126 $ 1,509 $ 13,343 The Bancorp's activity in the allowance for loan losses, by loan segment, is summarized below for the twelve months ended December 31, 2020: Allowance for loan losses: Residential real estate $ 1,812 $ (2 ) $ 27 $ 374 $ 2,211 Home equity 223 - - 53 276 Commercial real estate 3,773 (80 ) - 1,713 5,406 Construction and land development 1,098 (17 ) - 324 1,405 Multifamily 529 - - 97 626 Farmland - - - - - Commercial business 1,504 (158 ) 17 1,145 2,508 Consumer 43 (29 ) 14 (2 ) 26 Manufactured homes - - - - - Government 17 - - (17 ) - Total $ 8,999 $ (286 ) $ 58 $ 3,687 $ 12,458
Financing Receivable, Impairment Evaluation [Table Text Block]	Ending Balances (Dollars in thousands) Allowance for individually evaluated for impairment reserves Allowance for collectively evaluated for impairment reserves Loan receivables Loans individually evaluated for impairment Purchased credit impaired loans individually evaluated for impairment Loans collectively evaluated for impairment The Bancorp's allowance for loan losses impairment evaluation and loan receivables are summarized below at December 31, 2021: Residential real estate $ 17 $ 2,463 $ 260,134 $ 755 $ 1,016 $ 258,363 Home equity 4 353 34,612 147 137 34,328 Commercial real estate 386 5,129 317,145 1,600 - 315,545 Construction and land development - 2,119 123,822 - - 123,822 Multifamily - 848 61,194 - 556 60,638 Farmland - - - - - - Commercial business 277 1,732 115,772 524 1,073 114,175 Consumer - 15 582 - - 582 Manufactured homes - - 37,887 - - 37,887 Government - - 8,991 - - 8,991 Total $ 684 $ 12,659 $ 960,139 $ 3,026 $ 2,782 $ 954,331 The Bancorp's allowance for loan losses impairment evaluation and loan receivables are summarized below at December 31, 2020: Residential real estate $ 173 $ 2,038 $ 286,048 $ 868 $ 1,297 $ 283,883 Home equity 1 275 39,233 216 137 38,880 Commercial real estate 1,089 4,317 298,257 6,190 151 291,916 Construction and land development - 1,405 93,562 - - 93,562 Multifamily - 626 50,571 95 621 49,855 Farmland - - 215 - - 215 Commercial business 512 1,996 158,140 1,086 1,160 155,894 Consumer - 26 1,025 - - 1,025 Manufactured homes - - 24,232 - - 24,232 Government - - 10,142 - - 10,142 Total $ 1,775 $ 10,683 $ 961,425 $ 8,455 $ 3,366 $ 949,604
Financing Receivable Credit Quality Indicators [Table Text Block]	Credit Exposure - Credit Risk Portfolio By Creditworthiness Category December 31, 2021 (Dollars in thousands) 1 5 6 7 8 Loan Segment Pass Pass/monitor Special mention Substandard Total Residential real estate $ 222,057 $ 31,415 $ 2,940 $ 3,722 $ 260,134 Home equity 32,873 692 415 632 34,612 Commercial real estate 253,424 48,148 12,011 3,562 317,145 Construction and land development 103,365 16,827 3,630 - 123,822 Multifamily 54,719 5,938 153 384 61,194 Farmland - - - - - Commercial business 95,412 18,058 1,915 387 115,772 Consumer 582 - - - 582 Manufactured homes 37,103 725 59 - 37,887 Government 8,991 - - - 8,991 Total $ 808,526 $ 121,803 $ 21,123 $ 8,687 $ 960,139 December 31, 2020 (Dollars in thousands) 1 5 6 7 8 Loan Segment Pass Pass/monitor Special mention Substandard Total Residential real estate $ 234,317 $ 41,805 $ 3,539 $ 6,387 $ 286,048 Home equity 37,044 933 761 495 39,233 Commercial real estate 222,892 55,202 11,983 8,180 298,257 Construction and land development 77,855 12,055 3,652 - 93,562 Multifamily 43,594 5,065 1,408 504 50,571 Farmland - 215 - - 215 Commercial business 135,671 20,067 1,341 1,061 158,140 Consumer 1,025 - - - 1,025 Manufactured homes 23,501 731 - - 24,232 Government 10,142 - - - 10,142 Total $ 786,041 $ 136,073 $ 22,684 $ 16,627 $ 961,425
Impaired Financing Receivables [Table Text Block]	For the twelve months ended As of December 31, 2021 December 31, 2021 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Residential real estate $ 1,683 $ 3,017 $ - $ 1,689 $ 113 Home equity 262 275 - 298 12 Commercial real estate 765 765 - 1,167 43 Construction and land development. - - - - - Multifamily 556 647 - 629 31 Farmland - - - - - Commercial business 1,205 1,324 - 1,369 52 Consumer - - - - - Manufactured homes - - - - - Government - - - - - With an allowance recorded: Residential real estate $ 88 $ 88 $ 17 $ 145 $ 2 Home equity 22 22 4 18 1 Commercial real estate 835 835 386 4,727 225 Construction and land development. - - - - - Multifamily - - - - - Farmland - - - - - Commercial business 392 392 277 637 24 Consumer - - - - - Manufactured homes - - - - - Government - - - - - Total: Residential real estate $ 1,771 $ 3,105 $ 17 $ 1,834 $ 115 Home equity $ 284 $ 297 $ 4 $ 316 $ 13 Commercial real estate $ 1,600 $ 1,600 $ 386 $ 5,894 $ 268 Construction & land development $ - $ - $ - $ - $ - Multifamily $ 556 $ 647 $ - $ 629 $ 31 Farmland $ - $ - $ - $ - $ - Commercial business $ 1,597 $ 1,716 $ 277 $ 2,006 $ 76 Consumer $ - $ - $ - $ - $ - Manufactured homes $ - $ - $ - $ - $ - Government $ - $ - $ - $ - $ - For the twelve months ended As of December 31, 2020 December 31, 2020 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Residential real estate $ 1,895 $ 3,228 $ - $ 2,028 $ 115 Home equity 352 363 - 373 16 Commercial real estate 1,177 1,761 - 1,305 80 Construction & land development. - - - - - Multifamily 716 798 - 763 42 Farmland - - - - - Commercial business 1,497 1,514 - 1,591 80 Consumer - - - - - Manufactured homes - - - - - Government - - - - - With an allowance recorded: Residential real estate $ 270 $ 314 $ 173 $ 174 $ 6 Home equity 1 9 1 5 - Commercial real estate 5,164 5,164 1,089 2,109 16 Construction & land development - - - - - Multifamily - - - - - Farmland - - - - - Commercial business 749 749 512 739 30 Consumer - - - - - Manufactured homes - - - - - Government - - - - - Total: Residential real estate $ 2,165 $ 3,542 $ 173 $ 2,202 $ 121 Home equity $ 353 $ 372 $ 1 $ 378 $ 16 Commercial real estate $ 6,341 $ 6,925 $ 1,089 $ 3,414 $ 96 Construction & land development.... $ - $ - $ - $ - $ - Multifamily $ 716 $ 798 $ - $ 763 $ 42 Farmland $ - $ - $ - $ - $ - Commercial business $ 2,246 $ 2,263 $ 512 $ 2,330 $ 110 Consumer $ - $ - $ - $ - $ - Manufactured homes $ - $ - $ - $ - $ - Government $ - $ - $ - $ - $ -
Financing Receivable, Past Due [Table Text Block]	(Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Loans Recorded Investments Greater than 90 Days Past Due and Accruing December 31, 2021 Residential real estate $ 2,507 $ 824 $ 2,142 $ 5,473 $ 254,661 $ 260,134 $ 31 Home equity 169 67 565 801 33,811 34,612 34 Commercial real estate 231 1,960 944 3,135 314,010 317,145 91 Construction and land development 5,148 283 - 5,431 118,391 123,822 - Multifamily - - 109 109 61,085 61,194 - Farmland - - - - - - - Commercial business 573 1,594 242 2,409 113,363 115,772 49 Consumer - 3 - 3 579 582 - Manufactured homes 633 171 - 804 37,083 37,887 - Government - - - - 8,991 8,991 - Total $ 9,261 $ 4,902 $ 4,002 $ 18,165 $ 941,974 $ 960,139 $ 205 December 31, 2020 Residential real estate $ 2,797 $ 1,119 $ 4,875 $ 8,791 $ 277,257 $ 286,048 $ 80 Home equity 616 323 416 1,355 37,878 39,233 29 Commercial real estate 1,172 237 680 2,089 296,168 298,257 437 Construction and land development 471 - 20 491 93,071 93,562 20 Multifamily 94 266 150 510 50,061 50,571 - Farmland - - - - 215 215 - Commercial business 845 96 269 1,210 156,930 158,140 - Consumer 2 - - 2 1,023 1,025 - Manufactured homes 303 173 - 476 23,756 24,232 - Government 380 - - 380 9,762 10,142 - Total $ 6,680 $ 2,214 $ 6,410 $ 15,304 $ 946,121 $ 961,425 $ 566
Financing Receivable, Nonaccrual [Table Text Block]	(Dollars in thousands) December 31, 2021 December 31, 2020 Residential real estate $ 4,651 $ 6,390 Home equity 623 476 Commercial real estate 940 5,390 Construction and land development. - - Multifamily 455 504 Farmland - - Commercial business 387 1,039 Consumer - - Manufactured homes - - Government - - Total $ 7,056 $ 13,799
Schedule of Accretable Yield from Financing Receivables [Table Text Block]	(dollars in thousands) Total 2020 $ 99 2021 21 (dollars in thousands) Total 2020 $ 1,820 2021 960 (dollars in thousands) Total 2022 $ 758 2023 300 Total $ 1,058

Note 5 - Premises and Equipme_2

Note 5 - Premises and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Property, Plant and Equipment [Table Text Block]	(Dollars in thousands) 2021 2020 Cost: Land $ 8,933 $ 8,933 Buildings and improvements 35,837 33,394 Furniture and equipment 18,724 18,066 Total cost 63,494 60,393 Less accumulated depreciation (32,109 ) (29,608 ) Premises and equipment, net $ 31,385 $ 30,785

Note 6 - Foreclosed Real Esta_2

Note 6 - Foreclosed Real Estate (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Real Estate Properties [Table Text Block]	(Dollars in thousands) 2021 2020 Residential real estate $ - $ 328 Commercial business - 210 Total $ - $ 538

Note 7 - Goodwill and Other I_2

Note 7 - Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Finite-lived Intangible Assets Amortization Expense [Table Text Block]	(dollars in thousands) Total 2020 $ 994 2021 $ 994
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	(dollars in thousands) Total 2022 983 2023 962 2024 919 2025 262 Total $ 3,126

Note 8 - Income Taxes (Tables)

Note 8 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	(Dollars in thousands) 2021 2020 Federal: Current $ 1,021 $ 2,202 Deferred 154 (197 ) State: Current 256 - Deferred, net of valuation allowance (17 ) 769 Income tax expense $ 1,414 $ 2,774
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	(Dollars in thousands) 2021 2020 Federal statutory rate 21 % 21 % Tax expense at statutory rate $ 3,439 $ 3,928 State tax, net of federal effect 189 607 Tax exempt income (1,297 ) (887 ) Bank owned life insurance (150 ) (149 ) Captive insurance (212 ) (188 ) Tax credit investments (415 ) (415 ) Other (140 ) (122 ) Total income tax expense $ 1,414 $ 2,774
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	(Dollars in thousands) 2021 2020 Deferred tax assets: Bad debts $ 3,385 $ 3,090 Deferred compensation 352 343 Net operating loss 2,238 2,553 Tax credits 73 70 Nonaccrual loan interest income 244 206 Share based compensation 255 256 REO writedowns - 23 Unqualified deferred compensation plan 61 60 Other-than-temporary impairment 39 39 Accrued vacation 56 75 Nondeductible transaction costs 74 - Deferred loan costs, net of fees 288 75 Other 92 84 Total deferred tax assets 7,157 6,874 Deferred tax liabilities: Depreciation (1,134 ) (1,147 ) Prepaids (510 ) (443 ) Mortgage servicing rights (289 ) (163 ) Deferred stock dividends (100 ) (100 ) Unrealized appreciation on securities available-for-sale, net (1,129 ) (2,767 ) Purchase accounting (708 ) (492 ) Partnership (311 ) (280 ) Other (119 ) (116 ) Total deferred tax liabilities (4,300 ) (5,508 ) Valuation allowance (12 ) (22 ) Net deferred tax asset $ 2,845 $ 1,344

Note 9 - Deposits (Tables)

Note 9 - Deposits (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Maturities of Long-term Debt [Table Text Block]	(Dollars in thousands) 2022 $ 198,727 2023 31,573 2024 7,772 2025 1,135 2026 10 Total $ 239,217
Deposit Liabilities, Type [Table Text Block]	December 31, December 31, (Dollars in thousands) 2021 2020 Balance Balance Checking $ 629,038 $ 516,487 Savings 293,976 254,108 Money market 271,970 246,916 Certificates of deposit 239,217 284,828 Total deposits $ 1,434,201 $ 1,302,339

Note 10 - Borrowed Funds (Table

Note 10 - Borrowed Funds (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Federal Home Loan Bank Advances Borrowed Funds [Table Text Block]	(Dollars in thousands) 2021 2020 Fixed rate advances from the FHLB $ - $ 6,000 Other - 149 Total $ - $ 6,149
Schedule of Federal Home Loan Bank Advances Activity for Year [Table Text Block]	(Dollars in thousands) 2020 2019 Ending balance $ 14,581 $ 13,711 Average balance during the year 17,789 16,975 Maximum month-end balance during the year 24,514 21,100 Securities underlying the agreements at year end: Carrying value 14,885 23,860 Fair value 14,885 23,860 Average interest rate during the year 0.26 % 0.58 % Average interest rate at year end 0.26 % 0.32 %
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank [Table Text Block]	(Dollars in thousands) 2020 2019 Fixed rate advances, none oustanding as of year ended 2021; average rate: 2021 – N/A; 2020 – 2.66% $ - $ 6,000

Note 12 - Regulatory Capital (T

Note 12 - Regulatory Capital (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	(Dollars in millions) Minimum Required To Be Minimum Required For Well Capitalized Under Prompt Actual Capital Adequacy Purposes Corrective Action Regulations At December 31, 2021 Amount Ratio Amount Ratio Amount Ratio Common equity tier 1 capital to risk-weighted assets $ 133.7 12.6 % $ 47.8 4.5 % $ 69.0 6.5 % Tier 1 capital to risk-weighted assets $ 133.7 12.6 % $ 63.7 6.0 % $ 85.0 8.0 % Total capital to risk-weighted assets $ 147.0 13.9 % $ 85.0 8.0 % $ 106.2 10.0 % Tier 1 capital to adjusted average assets $ 133.7 8.4 % $ 64.1 4.0 % $ 80.1 5.0 % (Dollars in millions) Minimum Required To Be Minimum Required For Well Capitalized Under Prompt Actual Capital Adequacy Purposes Corrective Action Regulations At December 31, 2020 Amount Ratio Amount Ratio Amount Ratio Common equity tier 1 capital to risk-weighted assets $ 122.0 12.6 % $ 43.8 4.5 % $ 63.2 6.5 % Tier 1 capital to risk-weighted assets $ 122.0 12.6 % $ 58.4 6.0 % $ 77.8 8.0 % Total capital to risk-weighted assets $ 134.2 13.8 % $ 77.8 8.0 % $ 97.3 10.0 % Tier 1 capital to adjusted average assets $ 122.0 8.3 % $ 59.1 4.0 % $ 73.9 5.0 %

Note 13 - Stock Based Compens_2

Note 13 - Stock Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Nonvested Restricted Stock Shares Activity [Table Text Block]	Non-vested Shares Shares Weighted Average Grant Date Fair Value Non-vested at January 1, 2020 30,205 $ 35.63 Granted 13,243 44.30 Vested (6,400 ) 27.50 Forfeited (220 ) 43.65 Non-vested at December 31, 2020 36,828 $ 40.11 Non-vested at January 1, 2021 36,828 $ 40.11 Granted 21,255 41.42 Vested (13,493 ) 34.84 Forfeited (355 ) 41.50 Non-vested at December 31, 2021 44,235 $ 42.33

Note 14 - Earnings Per Common_2

Note 14 - Earnings Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	(dollars in thousands except per share data) 2021 2020 Basic earnings per common share: Net income as reported $ 14,963 $ 15,932 Weighted average common shares outstanding 3,477,309 3,461,948 Basic earnings per common share $ 4.30 $ 4.60 Diluted earnings per common share: Net income as reported $ 14,963 $ 15,932 Weighted average common shares outstanding 3,477,309 3,461,948 Weighted average common and dilutive potential common shares outstanding 3,477,309 3,461,948 Diluted earnings per common share $ 4.30 $ 4.60

Note 15 - Related Party Trans_2

Note 15 - Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	(Dollars in thousands) Aggregate balance at the beginning of the year $ 4,350 New loans - Repayments (467 ) Aggregate balance at the end of the year $ 3,883

Note 16 - Commitments and Con_2

Note 16 - Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Outstanding Commitments to Originate Loans [Table Text Block]	(Dollars in thousands) Fixed Variable Rate Rate Total December 31, 2021: Residential real estate $ 34 $ 19,261 $ 19,295 Home equity 41,944 7,066 49,010 Commercial real estate 2,033 8,745 10,778 Construction and land development 34,817 24,491 59,308 Multifamily 229 958 1,187 Consumer 23,422 - 23,422 Commercial business 545 61,440 61,985 Lot - 9,399 9,399 Total $ 103,024 $ 131,360 $ 234,384 December 31, 2020: Residential real estate $ 749 $ 21,961 $ 22,710 Home equity 44,972 7,951 52,923 Commercial real estate 2,955 13,138 16,093 Construction and land development 20,667 30,959 51,626 Multifamily 158 579 737 Consumer 23,020 - 23,020 Commercial business 946 56,744 57,690 Lot - 87 87 Total $ 93,467 $ 131,419 $ 224,886

Note 17 - Derivative Financia_2

Note 17 - Derivative Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Derivatives Not Designated as Hedging Instruments [Table Text Block]	December 31, 2021 Notational or contractual Asset derivatives Liability derivatives (Dollars in thousands) amount Statement of Financial Condition classification Fair value Statement of Financial Condition classification Fair value Interest rate swap contracts $ 94,154 Other assets $ 2,686 Other liabilties $ 2,686 Interest rate lock commitments 7,837 Other assets 141 N/A - Total $ 101,991 $ 2,827 $ 2,686 December 31, 2020 Notational or contractual Asset derivatives Liability derivatives (Dollars in thousands) amount Statement of Financial Condition classification Fair value Statement of Financial Condition classification Fair value Interest rate swap contracts $ 72,707 Other assets $ 3,638 Other liabilties $ 3,638 Interest rate lock commitments 26,443 Other assets 374 N/A - Total $ 99,150 $ 4,012 $ 3,638 Year-ended (Dollars in thousands) Statement of Income Classification 2021 2020 Interest rate swap contracts Fees and service charges $ 379 $ 800 Interest rate lock commitments Gain on sale of loans held-for-sale, net (233 ) 187 Total $ 146 $ 987
Offsetting Assets [Table Text Block]	Gross Amounts not Offset in the Statement of Financial Condition Gross Amounts of Gross Amounts Offset in the Net Amounts of Assets Presented Cash Collateral (Dollars in thousands) Recognized Assets Statement of Financial Condition in the Statement of Financial Condition Financial Instruments Received Net Amount December 31, 2021 Interest rate swap contracts $ 2,686 $ - $ 2,686 $ - $ - $ 2,686 Interest rate lock commitments 141 - 141 - - 141 Total $ 2,827 $ - $ 2,827 $ - $ - $ 2,827 Gross Amounts not Offset in the Statement of Financial Condition Gross Amounts of Gross Amounts Offset in the Net Amounts of Liabilities Presented Cash Collateral (Dollars in thousands) Recognized Liabilities Statement of Financial Condition in the Statement of Financial Condition Financial Instruments Received Net Amount December 31, 2020 Interest rate swap contracts $ 3,638 $ - $ 3,638 $ - $ - $ 3,638 Interest rate lock commitments 374 - 374 - - 374 Total $ 4,012 $ - $ 4,012 $ - $ - $ 4,012
Offsetting Liabilities [Table Text Block]	Gross Amounts not Offset in the Statement of Financial Condition Gross Amounts of Gross Amounts Offset in the Net Amounts of Liabilities Presented Cash Collateral (Dollars in thousands) Recognized Liabilities Statement of Financial Condition in the Statement of Financial Condition Financial Instruments Pledged Net Amount December 31, 2021 Interest rate swap contracts $ 2,686 $ - $ 2,686 $ - $ 3,930 $ (1,244 ) Total $ 2,686 $ - $ 2,686 $ - $ 3,930 $ (1,244 ) Gross Amounts not Offset in the Statement of Financial Condition Gross Amounts of Gross Amounts Offset in the Net Amounts of Liabilities Presented Cash Collateral (Dollars in thousands) Recognized Liabilities Statement of Financial Condition in the Statement of Financial Condition Financial Instruments Pledged Net Amount December 31, 2020 Interest rate swap contracts $ 3,638 $ - $ 3,638 $ - $ 3,930 $ (292 ) Total $ 3,638 $ - $ 3,638 $ - $ 3,930 $ (292 )

Note 18 - Fair Values of Fina_2

Note 18 - Fair Values of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]	(Dollars in thousands) Collateralized debt obligations other-than-temporary impairment Ending balance, December 31, 2020 $ 173 Additions not previously recognized - Ending balance, December 31, 2021 $ 173
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	(Dollars in thousands) Fair Value Measurements at December 31, 2021 Using (Dollars in thousands) Estimated Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets: Interest rate swap contracts $ 2,686 $ - $ 2,686 $ - Interest rate lock commitments 141 - 141 - Available-for-sale debt securities: U.S. government sponsored entities 8,669 - 8,669 - U.S. treasury securities 400 - 400 - Collateralized mortgage obligations and residential mortgage-backed securities 184,701 - 184,701 - Municipal securities 332,127 - 332,127 - Collateralized debt obligations 992 - - 992 Total securities available-for-sale $ 526,889 $ - $ 525,897 $ 992 Liabilities: Interest rate swap contracts $ 2,686 $ - $ 2,686 $ - (Dollars in thousands) Fair Value Measurements at December 31, 2020 Using (Dollars in thousands) Estimated Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets: Interest rate swap contracts $ 3,638 $ - $ 3,638 $ - Interest rate lock commitments 374 - 374 - Available-for-sale debt securities: Money market fund 52,941 52,941 - - U.S. government sponsored entities 7,860 - 7,860 - Collateralized mortgage obligations and residential mortgage-backed securities 154,736 - 154,736 - Municipal securities 194,203 - 194,203 - Collateralized debt obligations 929 - - 929 Total securities available-for-sale $ 410,669 $ 52,941 $ 356,799 $ 929 Liabilities: Interest rate swap contracts $ 3,638 $ - $ 3,638 $ -
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	(Dollars in thousands) Estimated Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Available-for- Beginning balance, January 1, 2020 $ 1,076 Principal payments (20 ) Total unrealized losses, included in other comprehensive income.. (127 ) Ending balance, December 31, 2020 $ 929 Beginning balance, January 1, 2021 $ 929 Principal payments (9 ) Total unrealized gains, included in other comprehensive income 72 Ending balance, December 31, 2021 $ 992
Fair Value Measurements, Nonrecurring [Table Text Block]	(Dollars in thousands) Fair Value Measurements at December 31, 2021 Using (Dollars in thousands) Estimated Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impaired loans $ 896 $ - $ - $ 896 Foreclosed real estate - - - - (Dollars in thousands) Fair Value Measurements at December 31, 2020 Using (Dollars in thousands) Estimated Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impaired loans $ 10,046 $ - $ - $ 10,046 Foreclosed real estate 538 - - 1,083
Fair Value, by Balance Sheet Grouping [Table Text Block]	December 31, 2021 Estimated Fair Value Measurements at December 31, 2021 Using (Dollars in thousands) Carrying Estimated Quoted Prices in Significant Significant Financial assets: Cash and cash equivalents $ 33,176 $ 33,176 $ 33,176 $ - $ - Certificates of deposit in other financial institutions 1,709 1,737 - 1,737 - Loans held-for-sale 4,987 5,065 - 5,065 - Loans receivable, net 953,377 951,744 - - 951,744 Federal Home Loan Bank stock 3,247 3,247 - 3,247 - Accrued interest receivable 5,444 5,444 - 5,444 - Financial liabilities: Non-interest bearing deposits 295,294 295,294 295,294 - - Interest bearing deposits 1,138,907 1,139,126 899,690 239,436 - Repurchase agreements 14,581 14,579 12,842 1,737 - Borrowed funds - - - - - Accrued interest payable 22 22 - 22 - December 31, 2020 Estimated Fair Value Measurements at December 31, 2020 Using (Dollars in thousands) Carrying Estimated Quoted Prices in Significant Significant Financial assets: Cash and cash equivalents $ 19,922 $ 19,922 $ 19,922 $ - $ - Certificates of deposit in other financial institutions 1,897 1,868 - 1,868 - Loans held-for-sale 11,329 11,660 11,660 - - Loans receivable, net 952,688 982,793 - - 982,793 Federal Home Loan Bank stock 3,918 3,918 - 3,918 - Accrued interest receivable 4,713 4,713 - 4,713 - Financial liabilities: Non-interest bearing deposits 241,620 241,620 241,620 - - Interest bearing deposits 1,060,719 1,061,294 775,891 285,403 - Repurchase agreements 13,711 13,713 11,976 1,737 - Borrowed funds 6,149 6,018 - 6,018 - Accrued interest payable 54 54 - 54 -

Note 19 - Parent Company Only_2

Note 19 - Parent Company Only Statements (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Condensed Balance Sheet [Table Text Block]	(Dollars in thousands) Finward Bancorp Condensed Balance Sheets December 31, December 31, 2021 2020 Assets Cash on deposit with Peoples Bank $ 1,183 $ 805 Investment in Peoples Bank 153,772 149,695 Investment in NWIN Risk Management, Inc 1,970 1,775 Dividends receivable from Peoples Bank 1,070 1,070 Other assets 581 420 Total assets $ 158,576 $ 153,765 Liabilities and stockholders’ equity Dividends payable $ 1,079 $ 1,074 Other liabilities 882 1,002 Total liabilities 1,961 2,076 Additional paid in capital 30,430 29,987 Accumulated other comprehensive (loss) income 4,276 10,441 Retained earnings 121,909 111,261 Total stockholders’ equity 156,615 151,689 Total liabilities and stockholders’ equity $ 158,576 $ 153,765
Condensed Income Statement [Table Text Block]	(Dollars in thousands) Finward Bancorp Condensed Statements of Income Year Ended December 31, 2021 2020 Dividends from Peoples Bank $ 4,880 $ 3,395 Operating expenses 448 413 Income before income taxes and equity in undistributed income of Peoples Bank 4,432 2,982 Income tax benefit (94 ) (86 ) Income before equity in undistributed income of Peoples Bank 4,526 3,068 Equity in undistributed (distributions in excess of income) income of Peoples Bank 9,413 11,941 income of NWIN Risk Management, Inc 1,024 923 Net income $ 14,963 $ 15,932
Condensed Statement of Comprehensive Income [Table Text Block]	(Dollars in thousands) Finward Bancorp Condensed Statements of Comprehensive Income Year Ended December 31, 2021 2020 Net Income $ 14,963 $ 15,932 Net change in net unrealized gains and losses on securities available-for-sale: Unrealized (loss) gain arising during the period (5,816 ) 10,169 Less: reclassification adjustment for gains included in net income (1,987 ) (2,348 ) Net securities gain during the period (7,803 ) 7,821 Tax effect 1,638 (1,641 ) Net of tax amount (6,165 ) 6,180 Comprehensive income, net of tax $ 8,798 $ 22,112
Condensed Cash Flow Statement [Table Text Block]	(Dollars in thousands) Finward Bancorp Condensed Statements of Cash Flows Year Ended December 31, 2021 2020 Cash flows from operating activities: Net income $ 14,963 $ 15,932 Adjustments to reconcile net income to net cash provided by operating activities Distributions in excess of income (equity in undistributed income): Peoples Bank (9,413 ) (11,941 ) NWIN Risk Management, Inc (1,024 ) (923 ) Distribution from NWIN Risk Management, Inc 830 884 Stock based compensation expense 574 415 Change in other assets (161 ) 190 Change in other liabilities (120 ) 433 Net cash - operating activities 5,649 4,990 Cash flows from investing activities: Investment in Peoples Bank (830 ) - Net cash - investing activities (830 ) - Cash flows from financing activities: Dividends paid (4,310 ) (4,291 ) Net surrender value of restricted stock awards (131 ) (85 ) Net cash - financing activities (4,441 ) (4,376 ) Net change in cash 378 614 Cash at beginning of year 805 191 Cash at end of year $ 1,183 $ 805 SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: Cash paid during the period for: Income taxes 2,185 1,025 Noncash activities: Dividends declared not paid 1,079 1,074

Note 1 - Summary of Significa_3

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

Note 1 - Summary of Significa_4

Note 1 - Summary of Significant Accounting Policies - Revision of Previously Issued Financial Statements (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Jan. 01, 2020	Dec. 31, 2019
Loans receivable, net of deferred fees and costs	$ 966,720	$ 965,146
Net loans receivable	953,377	952,688
Other assets	14,854	13,880
Total assets	1,620,743	1,496,292
Retained earnings	121,909	111,261
Total shareholders' equity	156,615	151,689	$ 133,542	$ 133,542
Total liabilities and stockholders' equity	1,620,743	1,496,292
Compensation and benefits	24,241	22,855
Total noninterest expense	46,636	41,636
Income before income tax expense	16,377	18,706
Income tax expenses	1,414	2,774
Net income	$ 14,963	$ 15,932
Basic (in dollars per share)	$ 4.30	$ 4.60
Diluted (in dollars per share)	$ 4.30	$ 4.60
Comprehensive income, net of tax	$ 8,798	$ 22,112
Deferred tax expense	137	572
Net cash - operating activities	17,043	19,736
Net change in loan	(12,345)	48,406
Net cash - investing activities	(125,931)	(185,060)
Retained Earnings [Member]
Total shareholders' equity	121,909	111,261	99,624	$ 99,624
Net income	$ 14,963	15,932
Previously Reported [Member]
Loans receivable, net of deferred fees and costs		966,578
Net loans receivable		954,120
Other assets		13,681
Total assets		1,497,525
Retained earnings		112,494
Total shareholders' equity		152,922	134,103
Total liabilities and stockholders' equity		1,497,525
Compensation and benefits		22,065
Total noninterest expense		40,846
Income before income tax expense		19,496
Income tax expenses		2,892
Net income		$ 16,604
Basic (in dollars per share)		$ 4.80
Diluted (in dollars per share)		$ 4.80
Comprehensive income, net of tax		$ 22,784
Deferred tax expense		690
Net cash - operating activities		20,526
Net change in loan		49,196
Net cash - investing activities		(185,850)
Previously Reported [Member] | Retained Earnings [Member]
Total shareholders' equity		112,494	100,185
Revision of Prior Period, Error Correction, Adjustment [Member]
Loans receivable, net of deferred fees and costs		(1,432)
Net loans receivable		(1,432)
Other assets		199
Total assets		(1,233)
Retained earnings		(1,233)
Total shareholders' equity		(1,233)	(561)
Total liabilities and stockholders' equity		(1,233)
Compensation and benefits		790
Total noninterest expense		790
Income before income tax expense		(790)
Income tax expenses		(118)
Net income		$ (672)
Basic (in dollars per share)		$ (0.20)
Diluted (in dollars per share)		$ (0.20)
Comprehensive income, net of tax		$ (672)
Deferred tax expense		(118)
Net cash - operating activities		(790)
Net change in loan		(790)
Net cash - investing activities		790
Revision of Prior Period, Error Correction, Adjustment [Member] | Retained Earnings [Member]
Total shareholders' equity		$ (1,233)	$ (561)

Note 2 - Acquisition Activity (

Note 2 - Acquisition Activity (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	Jan. 31, 2022	Jan. 28, 2022	Dec. 31, 2021	Dec. 31, 2020
Assets, Total			$ 1,620,743	$ 1,496,292
Loans and Leases Receivable, Net Amount, Total			953,377	952,688
Deposits, Total			1,434,201	$ 1,302,339
Royal Financial, Inc. [Member]
Assets, Total			547,100
Loans and Leases Receivable, Net Amount, Total			464,800
Deposits, Total			$ 480,900
Subsequent Event [Member]
Share Price (in dollars per share)		$ 47.75
Assets, Total	$ 2,200,000
Loans and Leases Receivable, Net Amount, Total	1,400,000
Deposits, Total	$ 1,900,000
Royal Financial, Inc. [Member] | Subsequent Event [Member]
Business Combination, Shares Issued Per Share (in dollars per share)	$ 0.4609
Business Acquisition, Right to Receive, Share Price (in dollars per share)	$ 20.14
Business Acquisition, Percentage of Share Outstanding Can Be Converted to Right to Receive Shares	65.00%
Business Acquisition, Percentage of Share Outstanding Can Be Converted to Right to Receive Cash	35.00%
Business Combination, Maximum Number of Shares to Receive Cash (in shares)	101
Business Acquisition, Maximum Right to Receive, Share Price (in dollars per share)	$ 20.14
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares)	795,423
Payments to Acquire Businesses, Net of Cash Acquired, Total	$ 18,700
Business Combination, Consideration Transferred, Total	$ 56,700

Note 3 - Securities (Details Te

Note 3 - Securities (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
OCI, Debt Securities, Available-for-Sale, Transfer from Held-to-Maturity, Gain (Loss), before Adjustment, after Tax	$ 417	$ 493
Security Owned and Pledged as Collateral, Fair Value, Total	$ 39,500	$ 52,400

Note 3 - Securities - Available

Note 3 - Securities - Available for Sale Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale, Amortized Cost, Total	$ 521,485	$ 397,462
Available for sale securities, gross unrealized gains	10,865	14,522
Available for sale securities, gross unrealized losses	(5,461)	(1,315)
Total securities available-for-sale	526,889	410,669
US Government-sponsored Enterprises Debt Securities [Member]
Debt Securities, Available-for-sale, Amortized Cost, Total	8,883
Available for sale securities, gross unrealized gains	0
Available for sale securities, gross unrealized losses	(214)
Total securities available-for-sale	8,669
Money Market Funds [Member]
Debt Securities, Available-for-sale, Amortized Cost, Total		52,941
Available for sale securities, gross unrealized gains		0
Available for sale securities, gross unrealized losses		0
Total securities available-for-sale		52,941
US Treasury Securities [Member]
Debt Securities, Available-for-sale, Amortized Cost, Total	400	7,881
Available for sale securities, gross unrealized gains	0	3
Available for sale securities, gross unrealized losses	0	(24)
Total securities available-for-sale	400	7,860
Collateralized Mortgage Obligations and Residential Mortgage Backed Securities [Member]
Debt Securities, Available-for-sale, Amortized Cost, Total	187,279	151,355
Available for sale securities, gross unrealized gains	961	3,417
Available for sale securities, gross unrealized losses	(3,539)	(36)
Total securities available-for-sale	184,701	154,736
US States and Political Subdivisions Debt Securities [Member]
Debt Securities, Available-for-sale, Amortized Cost, Total	322,750	183,103
Available for sale securities, gross unrealized gains	9,904	11,102
Available for sale securities, gross unrealized losses	(527)	(2)
Total securities available-for-sale	332,127	194,203
Collateralized Debt Obligations [Member]
Debt Securities, Available-for-sale, Amortized Cost, Total	2,173	2,182
Available for sale securities, gross unrealized gains	0	0
Available for sale securities, gross unrealized losses	(1,181)	(1,253)
Total securities available-for-sale	$ 992	$ 929

Note 3 - Securities - Estimated

Note 3 - Securities - Estimated Fair Value of Available for Sale Securities, by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Due in one year or less, cost basis	$ 590
Available for sale securities, due in one year or less, estimated fair value	592
Due from one to five years, cost basis	1,759
Available for sale securities, due from one to five years, estimated fair value	1,765
Due from five to ten years, cost basis	28,950
Available for sale securities, due from five to ten years, estimated fair value	29,846
Due over ten years, cost basis	302,907
Available for sale securities, due over ten years, estimated fair value	309,985
Collateralized mortgage obligations and residential mortgage-backed securities, cost basis	187,279
Collateralized mortgage obligations and residential mortgage-backed securities, estimated fair value	184,701
Debt Securities, Available-for-sale, Amortized Cost, Total	521,485	$ 397,462
Total securities available-for-sale	$ 526,889	$ 410,669

Note 3 - Securities - Sales of

Note 3 - Securities - Sales of Available for Sale Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Proceeds	$ 43,756	$ 51,350
Gross gains	2,010	2,407
Gross losses	$ (23)	$ (59)

Note 3 - Securities - Availab_2

Note 3 - Securities - Available for Sale Securities, Accumulated Other Comprehensive Income (Loss) Balances, Net of Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Ending balance	$ 10,441
Current period change	(6,165)	$ 6,180
Ending balance	$ 4,276	$ 10,441

Note 3 - Securities - Securitie

Note 3 - Securities - Securities with Gross Unrealized Losses Not Recognized in Income (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Estimated fair value, less than 12 months	$ 205,351	$ 18,792
Unrealized losses, less than 12 months	(3,916)	(62)
Estimated fair value, 12 months or longer	9,101	929
Unrealized losses, 12 months or longer	(1,545)	(1,253)
Estimated fair value, total	214,452	19,721
Unrealized losses, total	$ (5,461)	$ (1,315)
percentage	40.70%	4.80%
Number of securities, unrealized losses, less than 12 months	133	8
Number of securities, unrealized losses, 12 months or longer	5	2
Number of securitiesunrealized losses, total	138	10
US Government-sponsored Enterprises Debt Securities [Member]
Estimated fair value, less than 12 months	$ 8,669	$ 4,975
Unrealized losses, less than 12 months	(214)	(24)
Estimated fair value, 12 months or longer	0	0
Unrealized losses, 12 months or longer	0	0
Estimated fair value, total	8,669	4,975
Unrealized losses, total	$ (214)	$ (24)
percentage	100.00%	63.30%
Collateralized Mortgage Obligations and Residential Mortgage Backed Securities [Member]
Estimated fair value, less than 12 months	$ 126,373	$ 11,953
Unrealized losses, less than 12 months	(3,175)	(36)
Estimated fair value, 12 months or longer	8,109	0
Unrealized losses, 12 months or longer	(364)	0
Estimated fair value, total	134,482	11,953
Unrealized losses, total	$ (3,539)	$ (36)
percentage	72.80%	7.70%
US States and Political Subdivisions Debt Securities [Member]
Estimated fair value, less than 12 months	$ 70,309	$ 1,864
Unrealized losses, less than 12 months	(527)	(2)
Estimated fair value, 12 months or longer	0	0
Unrealized losses, 12 months or longer	0	0
Estimated fair value, total	70,309	1,864
Unrealized losses, total	$ (527)	$ (2)
percentage	21.20%	1.00%
Collateralized Debt Obligations [Member]
Estimated fair value, less than 12 months	$ 0	$ 0
Unrealized losses, less than 12 months	0	0
Estimated fair value, 12 months or longer	992	929
Unrealized losses, 12 months or longer	(1,181)	(1,253)
Estimated fair value, total	992	929
Unrealized losses, total	$ (1,181)	$ (1,253)
percentage	100.00%	100.00%

Note 4 - Loans Receivable (Deta

Note 4 - Loans Receivable (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total	$ 6,810	$ 3,871
Financial Asset Acquired with Credit Deterioration [Member]
Impaired Financing Receivable, Unpaid Principal Balance, Total	4,200	5,400
Impaired Financing Receivable, Recorded Investment, Total	2,800	3,400
Financial Asset Acquired [Member]
Financing Receivable, Unamortized Purchase Premium (Discount)	(1,100)	(2,000)
Financial Asset Acquired and No Credit Deterioration [Member]
Financing Receivable, before Allowance for Credit Loss, Total	72,500	$ 106,600
Commercial Portfolio Segment [Member]
Financing Receivable, Modifications, Number of Contracts		1
Financing Receivable, Troubled Debt Restructuring		$ 22
Financing Receivable, Troubled Debt Restructuring, Subsequent Default		275
Impaired Financing Receivable, Unpaid Principal Balance, Total	1,716	2,263
Impaired Financing Receivable, Recorded Investment, Total	1,597	2,246
Commercial Portfolio Segment [Member] | SBA CARES Act Paycheck Protection Program [Member]
Loans and Leases Receivable, Gross, Total	22,100
Manufactured Homes Portfolio Segment [Member]
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total	5,800	3,800
Impaired Financing Receivable, Unpaid Principal Balance, Total	0	0
Impaired Financing Receivable, Recorded Investment, Total	0	$ 0
Residential Portfolio Segment [Member]
Financing Receivable, Modifications, Number of Contracts		1
Financing Receivable, Troubled Debt Restructuring	37	$ 50
Financing Receivable, Troubled Debt Restructuring, Subsequent Default		108
Impaired Financing Receivable, Unpaid Principal Balance, Total	3,105	3,542
Impaired Financing Receivable, Recorded Investment, Total	$ 1,771	$ 2,165
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
Financing Receivable, Modifications, Number of Contracts	3	1
Financing Receivable, Troubled Debt Restructuring	$ 203	$ 108
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications, Number of Contracts		1
Financing Receivable, Troubled Debt Restructuring	601	$ 142
Impaired Financing Receivable, Unpaid Principal Balance, Total	1,600	6,925
Impaired Financing Receivable, Recorded Investment, Total	$ 1,600	$ 6,341
Commercial Real Estate Portfolio Segment [Member] | Reduced Interest Rate and Extended Amortization [Member]
Financing Receivable, Modifications, Number of Contracts	1
Home Equity Loan [Member]
Financing Receivable, Modifications, Number of Contracts		1

Note 4 - Loans Receivable - Loa

Note 4 - Loans Receivable - Loans Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Total loans secured by real estate	$ 796,907	$ 767,886
Total loans	960,139	961,425
Net deferred loan origination costs	6,810	3,871
Undisbursed loan funds	(229)	(150)
Loans receivable, net of deferred fees and costs	966,720	965,146
Residential Portfolio Segment [Member]
Total loans secured by real estate	260,134	286,048
Total loans	260,134	286,048
Home Equity Portfolio Segment [Member]
Total loans secured by real estate	34,612	39,233
Total loans	34,612	39,233
Commercial Real Estate Portfolio Segment [Member]
Total loans secured by real estate	317,145	298,257
Total loans	317,145	298,257
Construction and Land Development Portfolio Segment [Member]
Total loans secured by real estate	123,822	93,562
Total loans	123,822	93,562
Multifamily Portfolio Segment [Member]
Total loans secured by real estate	61,194	50,571
Total loans	61,194	50,571
Farmland Portfolio Segment [Member]
Total loans secured by real estate	0	215
Total loans	0	215
Commercial Portfolio Segment [Member]
Total loans	115,772	158,140
Consumer Portfolio Segment [Member]
Total loans	582	1,025
Manufactured Homes Portfolio Segment [Member]
Total loans	37,887	24,232
Net deferred loan origination costs	5,800	3,800
Government Portfolio Segment [Member]
Total loans	$ 8,991	$ 10,142

Note 4 - Loans Receivable - All

Note 4 - Loans Receivable - Allowance for Loan Losses, by Loan Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Beginning Balance	$ 12,458	$ 8,999
Charge-offs	(750)	(286)
Recoveries	126	58
Provisions	1,509	3,687
Ending Balance	13,343	12,458
Residential Portfolio Segment [Member]
Beginning Balance	2,211	1,812
Charge-offs	(32)	(2)
Recoveries	81	27
Provisions	220	374
Ending Balance	2,480	2,211
Home Equity Portfolio Segment [Member]
Beginning Balance	276	223
Charge-offs	(1)	0
Recoveries	1	0
Provisions	81	53
Ending Balance	357	276
Commercial Real Estate Portfolio Segment [Member]
Beginning Balance	5,406	3,773
Charge-offs	(530)	(80)
Recoveries	0	0
Provisions	639	1,713
Ending Balance	5,515	5,406
Construction and Land Development Portfolio Segment [Member]
Beginning Balance	1,405	1,098
Charge-offs	0	(17)
Recoveries	0	0
Provisions	714	324
Ending Balance	2,119	1,405
Multifamily Portfolio Segment [Member]
Beginning Balance	626	529
Charge-offs	0	0
Recoveries	0	0
Provisions	222	97
Ending Balance	848	626
Farmland Portfolio Segment [Member]
Beginning Balance	0	0
Charge-offs	0	0
Recoveries	0	0
Provisions	0	0
Ending Balance	0	0
Commercial Portfolio Segment [Member]
Beginning Balance	2,508	1,504
Charge-offs	(158)	(158)
Recoveries	36	17
Provisions	(377)	1,145
Ending Balance	2,009	2,508
Consumer Portfolio Segment [Member]
Beginning Balance	26	43
Charge-offs	(29)	(29)
Recoveries	8	14
Provisions	10	(2)
Ending Balance	15	26
Manufactured Homes Portfolio Segment [Member]
Beginning Balance	0	0
Charge-offs	0	0
Recoveries	0	0
Provisions	0	0
Ending Balance	0	0
Government Portfolio Segment [Member]
Beginning Balance	0	17
Charge-offs	0	0
Recoveries	0	0
Provisions	0	(17)
Ending Balance	$ 0	$ 0

Note 4 - Loans Receivable - Imp

Note 4 - Loans Receivable - Impairment Analysis (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Allowance individually evaluated for impairment reserves	$ 684	$ 1,775
Allowance collectively evaluated for impairment reserves	12,659	10,683
Total loans	960,139	961,425
Loans receivable individually evaluated for impairment	3,026	8,455
Loans receivable purchased credit impaired individually evaluated for impairment	2,782	3,366
Loans receivable collectively evaluated for impairment	954,331	949,604
Residential Portfolio Segment [Member]
Allowance individually evaluated for impairment reserves	17	173
Allowance collectively evaluated for impairment reserves	2,463	2,038
Total loans	260,134	286,048
Loans receivable individually evaluated for impairment	755	868
Loans receivable purchased credit impaired individually evaluated for impairment	1,016	1,297
Loans receivable collectively evaluated for impairment	258,363	283,883
Home Equity Portfolio Segment [Member]
Allowance individually evaluated for impairment reserves	4	1
Allowance collectively evaluated for impairment reserves	353	275
Total loans	34,612	39,233
Loans receivable individually evaluated for impairment	147	216
Loans receivable purchased credit impaired individually evaluated for impairment	137	137
Loans receivable collectively evaluated for impairment	34,328	38,880
Commercial Real Estate Portfolio Segment [Member]
Allowance individually evaluated for impairment reserves	386	1,089
Allowance collectively evaluated for impairment reserves	5,129	4,317
Total loans	317,145	298,257
Loans receivable individually evaluated for impairment	1,600	6,190
Loans receivable purchased credit impaired individually evaluated for impairment	0	151
Loans receivable collectively evaluated for impairment	315,545	291,916
Construction and Land Development Portfolio Segment [Member]
Allowance individually evaluated for impairment reserves	0	0
Allowance collectively evaluated for impairment reserves	2,119	1,405
Total loans	123,822	93,562
Loans receivable individually evaluated for impairment	0	0
Loans receivable purchased credit impaired individually evaluated for impairment	0	0
Loans receivable collectively evaluated for impairment	123,822	93,562
Multifamily Portfolio Segment [Member]
Allowance individually evaluated for impairment reserves	0	0
Allowance collectively evaluated for impairment reserves	848	626
Total loans	61,194	50,571
Loans receivable individually evaluated for impairment	0	95
Loans receivable purchased credit impaired individually evaluated for impairment	556	621
Loans receivable collectively evaluated for impairment	60,638	49,855
Farmland Portfolio Segment [Member]
Allowance individually evaluated for impairment reserves	0	0
Allowance collectively evaluated for impairment reserves	0	0
Total loans	0	215
Loans receivable individually evaluated for impairment	0	0
Loans receivable purchased credit impaired individually evaluated for impairment	0	0
Loans receivable collectively evaluated for impairment	0	215
Commercial Portfolio Segment [Member]
Allowance individually evaluated for impairment reserves	277	512
Allowance collectively evaluated for impairment reserves	1,732	1,996
Total loans	115,772	158,140
Loans receivable individually evaluated for impairment	524	1,086
Loans receivable purchased credit impaired individually evaluated for impairment	1,073	1,160
Loans receivable collectively evaluated for impairment	114,175	155,894
Consumer Portfolio Segment [Member]
Allowance individually evaluated for impairment reserves	0	0
Allowance collectively evaluated for impairment reserves	15	26
Total loans	582	1,025
Loans receivable individually evaluated for impairment	0	0
Loans receivable purchased credit impaired individually evaluated for impairment	0	0
Loans receivable collectively evaluated for impairment	582	1,025
Manufactured Homes Portfolio Segment [Member]
Allowance individually evaluated for impairment reserves	0	0
Allowance collectively evaluated for impairment reserves	0	0
Total loans	37,887	24,232
Loans receivable individually evaluated for impairment	0	0
Loans receivable purchased credit impaired individually evaluated for impairment	0	0
Loans receivable collectively evaluated for impairment	37,887	24,232
Government Portfolio Segment [Member]
Allowance individually evaluated for impairment reserves	0	0
Allowance collectively evaluated for impairment reserves	0	0
Total loans	8,991	10,142
Loans receivable individually evaluated for impairment	0	0
Loans receivable purchased credit impaired individually evaluated for impairment	0	0
Loans receivable collectively evaluated for impairment	$ 8,991	$ 10,142

Note 4 - Loans Receivable - Cre

Note 4 - Loans Receivable - Credit Quality Indicators (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Loan Receivable	$ 960,139	$ 961,425
Pass [Member]
Loan Receivable	808,526	786,041
Pass/monitor [Member]
Loan Receivable	121,803	136,073
Special Mention [Member]
Loan Receivable	21,123	22,684
Substandard [Member]
Loan Receivable	8,687	16,627
Residential Portfolio Segment [Member]
Loan Receivable	260,134	286,048
Residential Portfolio Segment [Member] | Pass [Member]
Loan Receivable	222,057	234,317
Residential Portfolio Segment [Member] | Pass/monitor [Member]
Loan Receivable	31,415	41,805
Residential Portfolio Segment [Member] | Special Mention [Member]
Loan Receivable	2,940	3,539
Residential Portfolio Segment [Member] | Substandard [Member]
Loan Receivable	3,722	6,387
Home Equity Portfolio Segment [Member]
Loan Receivable	34,612	39,233
Home Equity Portfolio Segment [Member] | Pass [Member]
Loan Receivable	32,873	37,044
Home Equity Portfolio Segment [Member] | Pass/monitor [Member]
Loan Receivable	692	933
Home Equity Portfolio Segment [Member] | Special Mention [Member]
Loan Receivable	415	761
Home Equity Portfolio Segment [Member] | Substandard [Member]
Loan Receivable	632	495
Commercial Real Estate Portfolio Segment [Member]
Loan Receivable	317,145	298,257
Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Loan Receivable	253,424	222,892
Commercial Real Estate Portfolio Segment [Member] | Pass/monitor [Member]
Loan Receivable	48,148	55,202
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Loan Receivable	12,011	11,983
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Loan Receivable	3,562	8,180
Construction and Land Development Portfolio Segment [Member]
Loan Receivable	123,822	93,562
Construction and Land Development Portfolio Segment [Member] | Pass [Member]
Loan Receivable	103,365	77,855
Construction and Land Development Portfolio Segment [Member] | Pass/monitor [Member]
Loan Receivable	16,827	12,055
Construction and Land Development Portfolio Segment [Member] | Special Mention [Member]
Loan Receivable	3,630	3,652
Construction and Land Development Portfolio Segment [Member] | Substandard [Member]
Loan Receivable	0	0
Multifamily Portfolio Segment [Member]
Loan Receivable	61,194	50,571
Multifamily Portfolio Segment [Member] | Pass [Member]
Loan Receivable	54,719	43,594
Multifamily Portfolio Segment [Member] | Pass/monitor [Member]
Loan Receivable	5,938	5,065
Multifamily Portfolio Segment [Member] | Special Mention [Member]
Loan Receivable	153	1,408
Multifamily Portfolio Segment [Member] | Substandard [Member]
Loan Receivable	384	504
Farmland Portfolio Segment [Member]
Loan Receivable	0	215
Farmland Portfolio Segment [Member] | Pass [Member]
Loan Receivable	0	0
Farmland Portfolio Segment [Member] | Pass/monitor [Member]
Loan Receivable	0	215
Farmland Portfolio Segment [Member] | Special Mention [Member]
Loan Receivable	0	0
Farmland Portfolio Segment [Member] | Substandard [Member]
Loan Receivable	0	0
Commercial Portfolio Segment [Member]
Loan Receivable	115,772	158,140
Commercial Portfolio Segment [Member] | Pass [Member]
Loan Receivable	95,412	135,671
Commercial Portfolio Segment [Member] | Pass/monitor [Member]
Loan Receivable	18,058	20,067
Commercial Portfolio Segment [Member] | Special Mention [Member]
Loan Receivable	1,915	1,341
Commercial Portfolio Segment [Member] | Substandard [Member]
Loan Receivable	387	1,061
Consumer Portfolio Segment [Member]
Loan Receivable	582	1,025
Consumer Portfolio Segment [Member] | Pass [Member]
Loan Receivable	582	1,025
Consumer Portfolio Segment [Member] | Pass/monitor [Member]
Loan Receivable	0	0
Consumer Portfolio Segment [Member] | Special Mention [Member]
Loan Receivable	0	0
Consumer Portfolio Segment [Member] | Substandard [Member]
Loan Receivable	0	0
Manufactured Homes Portfolio Segment [Member]
Loan Receivable	37,887	24,232
Manufactured Homes Portfolio Segment [Member] | Pass [Member]
Loan Receivable	37,103	23,501
Manufactured Homes Portfolio Segment [Member] | Pass/monitor [Member]
Loan Receivable	725	731
Manufactured Homes Portfolio Segment [Member] | Special Mention [Member]
Loan Receivable	59	0
Manufactured Homes Portfolio Segment [Member] | Substandard [Member]
Loan Receivable	0	0
Government Portfolio Segment [Member]
Loan Receivable	8,991	10,142
Government Portfolio Segment [Member] | Pass [Member]
Loan Receivable	8,991	10,142
Government Portfolio Segment [Member] | Pass/monitor [Member]
Loan Receivable	0	0
Government Portfolio Segment [Member] | Special Mention [Member]
Loan Receivable	0	0
Government Portfolio Segment [Member] | Substandard [Member]
Loan Receivable	$ 0	$ 0

Note 4 - Loans Receivable - Ind

Note 4 - Loans Receivable - Individually Evaluated Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Residential Portfolio Segment [Member]
With no related allowance recorded, recorded investment	$ 1,683	$ 1,895
With no related allowance recorded, unpaid principal balance	3,017	3,228
With no related allowance recorded, average recorded investment	1,689	2,028
With no related allowance recorded, interest income recognized	113	115
With an allowance recorded, recorded investment	88	270
With an allowance recorded, unpaid principal balance	88	314
With an allowance recorded, related allowance	17	173
With an allowance recorded, average recorded investment	145	174
With an allowance recorded, interest income recognized	2	6
Total, recorded investment	1,771	2,165
Total, unpaid principal balance	3,105	3,542
Total, average recorded investment	1,834	2,202
Total, interest income recognized	115	121
Total, related allowance	17	173
Home Equity Portfolio Segment [Member]
With no related allowance recorded, recorded investment	262	352
With no related allowance recorded, unpaid principal balance	275	363
With no related allowance recorded, average recorded investment	298	373
With no related allowance recorded, interest income recognized	12	16
With an allowance recorded, recorded investment	22	1
With an allowance recorded, unpaid principal balance	22	9
With an allowance recorded, related allowance	4	1
With an allowance recorded, average recorded investment	18	5
With an allowance recorded, interest income recognized	1	0
Total, recorded investment	284	353
Total, unpaid principal balance	297	372
Total, average recorded investment	316	378
Total, interest income recognized	13	16
Total, related allowance	4	1
Commercial Real Estate Portfolio Segment [Member]
With no related allowance recorded, recorded investment	765	1,177
With no related allowance recorded, unpaid principal balance	765	1,761
With no related allowance recorded, average recorded investment	1,167	1,305
With no related allowance recorded, interest income recognized	43	80
With an allowance recorded, recorded investment	835	5,164
With an allowance recorded, unpaid principal balance	835	5,164
With an allowance recorded, related allowance	386	1,089
With an allowance recorded, average recorded investment	4,727	2,109
With an allowance recorded, interest income recognized	225	16
Total, recorded investment	1,600	6,341
Total, unpaid principal balance	1,600	6,925
Total, average recorded investment	5,894	3,414
Total, interest income recognized	268	96
Total, related allowance	386	1,089
Construction and Land Development Portfolio Segment [Member]
With no related allowance recorded, recorded investment	0	0
With no related allowance recorded, unpaid principal balance	0	0
With no related allowance recorded, average recorded investment	0	0
With no related allowance recorded, interest income recognized	0	0
With an allowance recorded, recorded investment	0	0
With an allowance recorded, unpaid principal balance	0	0
With an allowance recorded, related allowance	0	0
With an allowance recorded, average recorded investment	0	0
With an allowance recorded, interest income recognized	0	0
Total, recorded investment	0	0
Total, unpaid principal balance	0	0
Total, average recorded investment	0	0
Total, interest income recognized	0	0
Total, related allowance	0	0
Multifamily Portfolio Segment [Member]
With no related allowance recorded, recorded investment	556	716
With no related allowance recorded, unpaid principal balance	647	798
With no related allowance recorded, average recorded investment	629	763
With no related allowance recorded, interest income recognized	31	42
With an allowance recorded, recorded investment	0	0
With an allowance recorded, unpaid principal balance	0	0
With an allowance recorded, related allowance	0	0
With an allowance recorded, average recorded investment	0	0
With an allowance recorded, interest income recognized	0	0
Total, recorded investment	556	716
Total, unpaid principal balance	647	798
Total, average recorded investment	629	763
Total, interest income recognized	31	42
Total, related allowance	0	0
Farmland Portfolio Segment [Member]
With no related allowance recorded, recorded investment	0	0
With no related allowance recorded, unpaid principal balance	0	0
With no related allowance recorded, average recorded investment	0	0
With no related allowance recorded, interest income recognized	0	0
With an allowance recorded, recorded investment	0	0
With an allowance recorded, unpaid principal balance	0	0
With an allowance recorded, related allowance	0	0
With an allowance recorded, average recorded investment	0	0
With an allowance recorded, interest income recognized	0	0
Total, recorded investment	0	0
Total, unpaid principal balance	0	0
Total, average recorded investment	0	0
Total, interest income recognized	0	0
Total, related allowance	0	0
Commercial Portfolio Segment [Member]
With no related allowance recorded, recorded investment	1,205	1,497
With no related allowance recorded, unpaid principal balance	1,324	1,514
With no related allowance recorded, average recorded investment	1,369	1,591
With no related allowance recorded, interest income recognized	52	80
With an allowance recorded, recorded investment	392	749
With an allowance recorded, unpaid principal balance	392	749
With an allowance recorded, related allowance	277	512
With an allowance recorded, average recorded investment	637	739
With an allowance recorded, interest income recognized	24	30
Total, recorded investment	1,597	2,246
Total, unpaid principal balance	1,716	2,263
Total, average recorded investment	2,006	2,330
Total, interest income recognized	76	110
Total, related allowance	277	512
Consumer Portfolio Segment [Member]
With no related allowance recorded, recorded investment	0	0
With no related allowance recorded, unpaid principal balance	0	0
With no related allowance recorded, average recorded investment	0	0
With no related allowance recorded, interest income recognized	0	0
With an allowance recorded, recorded investment	0	0
With an allowance recorded, unpaid principal balance	0	0
With an allowance recorded, related allowance	0	0
With an allowance recorded, average recorded investment	0	0
With an allowance recorded, interest income recognized	0	0
Total, recorded investment	0	0
Total, unpaid principal balance	0	0
Total, average recorded investment	0	0
Total, interest income recognized	0	0
Total, related allowance	0	0
Manufactured Homes Portfolio Segment [Member]
With no related allowance recorded, recorded investment	0	0
With no related allowance recorded, unpaid principal balance	0	0
With no related allowance recorded, average recorded investment	0	0
With no related allowance recorded, interest income recognized	0	0
With an allowance recorded, recorded investment	0	0
With an allowance recorded, unpaid principal balance	0	0
With an allowance recorded, related allowance	0	0
With an allowance recorded, average recorded investment	0	0
With an allowance recorded, interest income recognized	0	0
Total, recorded investment	0	0
Total, unpaid principal balance	0	0
Total, average recorded investment	0	0
Total, interest income recognized	0	0
Total, related allowance	0	0
Government Portfolio Segment [Member]
With no related allowance recorded, recorded investment	0	0
With no related allowance recorded, unpaid principal balance	0	0
With no related allowance recorded, average recorded investment	0	0
With no related allowance recorded, interest income recognized	0	0
With an allowance recorded, recorded investment	0	0
With an allowance recorded, unpaid principal balance	0	0
With an allowance recorded, related allowance	0	0
With an allowance recorded, average recorded investment	0	0
With an allowance recorded, interest income recognized	0	0
Total, recorded investment	0	0
Total, unpaid principal balance	0	0
Total, average recorded investment	0	0
Total, interest income recognized	0	0
Total, related allowance	$ 0	$ 0

Note 4 - Loans Receivable - Age

Note 4 - Loans Receivable - Age Analysis of Past Due Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Loans	$ 960,139	$ 961,425
Recorded investments greater than 90 past due and still accruing	205	566
Financial Asset, 30 to 59 Days Past Due [Member]
Loans	9,261	6,680
Financial Asset, 60 to 89 Days Past Due [Member]
Loans	4,902	2,214
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	4,002	6,410
Financial Asset, Past Due [Member]
Loans	18,165	15,304
Financial Asset, Not Past Due [Member]
Loans	941,974	946,121
Residential Portfolio Segment [Member]
Loans	260,134	286,048
Recorded investments greater than 90 past due and still accruing	31	80
Residential Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	2,507	2,797
Residential Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	824	1,119
Residential Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	2,142	4,875
Residential Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans	5,473	8,791
Residential Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans	254,661	277,257
Home Equity Portfolio Segment [Member]
Loans	34,612	39,233
Recorded investments greater than 90 past due and still accruing	34	29
Home Equity Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	169	616
Home Equity Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	67	323
Home Equity Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	565	416
Home Equity Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans	801	1,355
Home Equity Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans	33,811	37,878
Commercial Real Estate Portfolio Segment [Member]
Loans	317,145	298,257
Recorded investments greater than 90 past due and still accruing	91	437
Commercial Real Estate Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	231	1,172
Commercial Real Estate Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	1,960	237
Commercial Real Estate Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	944	680
Commercial Real Estate Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans	3,135	2,089
Commercial Real Estate Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans	314,010	296,168
Construction and Land Development Portfolio Segment [Member]
Loans	123,822	93,562
Recorded investments greater than 90 past due and still accruing	0	20
Construction and Land Development Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	5,148	471
Construction and Land Development Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	283	0
Construction and Land Development Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	20
Construction and Land Development Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans	5,431	491
Construction and Land Development Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans	118,391	93,071
Multifamily Portfolio Segment [Member]
Loans	61,194	50,571
Recorded investments greater than 90 past due and still accruing	0	0
Multifamily Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	94
Multifamily Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	266
Multifamily Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	109	150
Multifamily Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans	109	510
Multifamily Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans	61,085	50,061
Farmland Portfolio Segment [Member]
Loans	0	215
Recorded investments greater than 90 past due and still accruing	0	0
Farmland Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	0
Farmland Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Farmland Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Farmland Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans	0	0
Farmland Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans	0	215
Commercial Portfolio Segment [Member]
Loans	115,772	158,140
Recorded investments greater than 90 past due and still accruing	49	0
Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	573	845
Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	1,594	96
Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	242	269
Commercial Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans	2,409	1,210
Commercial Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans	113,363	156,930
Consumer Portfolio Segment [Member]
Loans	582	1,025
Recorded investments greater than 90 past due and still accruing	0	0
Consumer Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	2
Consumer Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	3	0
Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Consumer Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans	3	2
Consumer Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans	579	1,023
Manufactured Homes Portfolio Segment [Member]
Loans	37,887	24,232
Recorded investments greater than 90 past due and still accruing	0	0
Manufactured Homes Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	633	303
Manufactured Homes Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	171	173
Manufactured Homes Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Manufactured Homes Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans	804	476
Manufactured Homes Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans	37,083	23,756
Government Portfolio Segment [Member]
Loans	8,991	10,142
Recorded investments greater than 90 past due and still accruing	0	0
Government Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	380
Government Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Government Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Government Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans	0	380
Government Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans	$ 8,991	$ 9,762

Note 4 - Loans Receivable - L_2

Note 4 - Loans Receivable - Loans on Nonaccrual Status (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Financing receivables on nonaccrual status	$ 7,056	$ 13,799
Residential Portfolio Segment [Member]
Financing receivables on nonaccrual status	4,651	6,390
Home Equity Portfolio Segment [Member]
Financing receivables on nonaccrual status	623	476
Commercial Real Estate Portfolio Segment [Member]
Financing receivables on nonaccrual status	940	5,390
Construction and Land Development Portfolio Segment [Member]
Financing receivables on nonaccrual status	0	0
Multifamily Portfolio Segment [Member]
Financing receivables on nonaccrual status	455	504
Farmland Portfolio Segment [Member]
Financing receivables on nonaccrual status	0	0
Commercial Portfolio Segment [Member]
Financing receivables on nonaccrual status	387	1,039
Consumer Portfolio Segment [Member]
Financing receivables on nonaccrual status	0	0
Manufactured Homes Portfolio Segment [Member]
Financing receivables on nonaccrual status	0	0
Government Portfolio Segment [Member]
Financing receivables on nonaccrual status	$ 0	$ 0

Note 4 - Loans Receivable - Acc

Note 4 - Loans Receivable - Accretable Yield (Details) - First Personal Financial Corporation [Member] - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2021
2022, to be collected		$ 758
2023, to be collected		300
Total, to be collected		1,058
Financial Asset Acquired with Credit Deterioration [Member]
2020, accretable yield collected	$ 1,820	99
2021, accretable yield collected	$ 960	$ 21

Note 5 - Premises and Equipme_3

Note 5 - Premises and Equipment, Net (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Depreciation, Total	$ 2.5	$ 2.3

Note 5 - Premises and Equipme_4

Note 5 - Premises and Equipment, Net - Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Cost:
Land	$ 8,933	$ 8,933
Buildings and improvements	35,837	33,394
Furniture and equipment	18,724	18,066
Total cost	63,494	60,393
Less accumulated depreciation	(32,109)	(29,608)
Premises and equipment, net	$ 31,385	$ 30,785

Note 6 - Foreclosed Real Esta_3

Note 6 - Foreclosed Real Estate - Foreclosed Real Estate (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Foreclosed real estate	$ 0	$ 538
Residential Portfolio Segment [Member]
Foreclosed real estate	0	328
Commercial Business [Member]
Foreclosed real estate	$ 0	$ 210

Note 7 - Goodwill and Other I_3

Note 7 - Goodwill and Other Intangible Assets (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Goodwill, Ending Balance	$ 11,109	$ 11,109
Goodwill, Impairment Loss	0
Core Deposits [Member]
Finite-Lived Core Deposits, Gross	$ 3,100

Note 7 - Goodwill and Other I_4

Note 7 - Goodwill and Other Intangible Assets - Annual Amortization (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
First Federal Savings and Loan [Member]
Amortization of intangible assets	$ 994	$ 994

Note 7 - Goodwill and Other I_5

Note 7 - Goodwill and Other Intangible Assets - Future Annual Amortization (Details) - First Federal Savings and Loan [Member] $ in Thousands	Dec. 31, 2021USD ($)
2022	$ 983
2023	962
2024	919
2025	262
Total	$ 3,126

Note 8 - Income Taxes (Details

Note 8 - Income Taxes (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	21.00%
Deferred Tax Liabilities, Retained Earnings	$ 8,400	$ 8,400
Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Bad Debt Reserve for Tax Purposes of Qualified Lender	2,200	2,200
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	0	0
State and Local Jurisdiction [Member] | Indiana Department of Revenue [Member]
Operating Loss Carryforwards, Total	$ 186
Operating Loss Carryforwards, Date of Expiration	2026
Tax Credit Carryforward, Amount	$ 86
Tax Credit Carryforward, Valuation Allowance	12	$ 22
State and Local Jurisdiction [Member] | Illinois Department of Revenue [Member]
Operating Loss Carryforwards, Total	10,400
State and Local Jurisdiction [Member] | Illinois Department of Revenue [Member] | First Personal Financial Corporation [Member]
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax				$ 7,200
State and Local Jurisdiction [Member] | Illinois Department of Revenue [Member] | AJS Bancorp, Inc [Member]
Operating Loss Carryforwards, Total			$ 11,400
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards, Total	$ 6,900
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member] | First Personal Financial Corporation [Member]
Operating Loss Carryforwards, Total			7,200	3,300
Operating Loss Carry Forwards Expires				2,200
Operating Loss Carryforward, Not Subject To Expiration				1,100
Limitaion on Use of Operating Losses			834	$ 362
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member] | AJS Bancorp, Inc [Member]
Operating Loss Carry Forwards Expires			3,600
Operating Loss Carryforward, Not Subject To Expiration			$ 3,600

Note 8 - Income Taxes - Income

Note 8 - Income Taxes - Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Current	$ 1,021	$ 2,202
Deferred	154	(197)
Current	256	0
Deferred, net of valuation allowance	(17)	769
Total income tax expense	$ 1,414	$ 2,774

Note 8 - Income Taxes - Effecti

Note 8 - Income Taxes - Effective Tax Rates (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Federal statutory rate	21.00%	21.00%
Tax expense at statutory rate	$ 3,439	$ 3,928
State tax, net of federal effect	189	607
Tax exempt income	(1,297)	(887)
Bank owned life insurance	(150)	(149)
Captive insurance	(212)	(188)
Tax credit investments	(415)	(415)
Other	(140)	(122)
Total income tax expense	$ 1,414	$ 2,774

Note 8 - Income Taxes - Deferre

Note 8 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred tax assets:
Bad debts	$ 3,385	$ 3,090
Deferred compensation	352	343
Net operating loss	2,238	2,553
Tax credits	73	70
Nonaccrual loan interest income	244	206
Share based compensation	255	256
REO writedowns	0	23
Unqualified deferred compensation plan	61	60
Other-than-temporary impairment	39	39
Accrued vacation	56	75
Nondeductible transaction costs	74	0
Deferred loan costs, net of fees	288	75
Other	92	84
Total deferred tax assets	7,157	6,874
Deferred tax liabilities:
Depreciation	(1,134)	(1,147)
Prepaids	(510)	(443)
Mortgage servicing rights	(289)	(163)
Deferred stock dividends	(100)	(100)
Unrealized appreciation on securities available-for-sale, net	(1,129)	(2,767)
Purchase accounting	(708)	(492)
Partnership	(311)	(280)
Other	(119)	(116)
Total deferred tax liabilities	(4,300)	(5,508)
Valuation allowance	(12)	(22)
Net deferred tax asset	$ 2,845	$ 1,344

Note 9 - Deposits (Details Text

Note 9 - Deposits (Details Textual) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Time Deposits, at or Above FDIC Insurance Limit	$ 36.9	$ 46.7

Note 9 - Deposits - Maturities

Note 9 - Deposits - Maturities of Certificates of Deposit (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
2022	$ 198,727
2023	31,573
2024	7,772
2025	1,135
2026	10
Total	$ 239,217	$ 284,828

Note 9 - Deposits - Deposit Por

Note 9 - Deposits - Deposit Portfolio Balance (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Checking	$ 629,038	$ 516,487
Savings	293,976	254,108
Money market	271,970	246,916
Certificates of deposit	239,217	284,828
Total	$ 1,434,201	$ 1,302,339

Note 10 - Borrowed Funds (Detai

Note 10 - Borrowed Funds (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged		$ 506,400
Other Borrowings	$ 0	0
Federal Funds Purchased	149
Federal Home Loan Bank Advances [Member]
Line of Credit Facility, Maximum Borrowing Capacity		25,000
Long-term Line of Credit, Total	$ 0	$ 0

Note 10 - Borrowed Funds- Borro

Note 10 - Borrowed Funds- Borrowed Funds (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fixed rate advances from the FHLB	$ 0	$ 6,000
Other	0	149
Total	$ 0	$ 6,149

Note 10 - Borrowed Funds - Reta

Note 10 - Borrowed Funds - Retail Repurchase Agreements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Ending balance	$ 14,581	$ 13,711
Average balance during the year	17,789	16,975
Maximum month-end balance during the year	24,514	21,100
Carrying value	14,885	23,860
Fair value	$ 14,885	$ 23,860
Average interest rate during the year	0.26%	0.58%
Average interest rate at year end	0.26%	0.32%

Note 10 - Borrowed Funds - Fede

Note 10 - Borrowed Funds - Federal Home Loan Bank Advances (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fixed rate advances from the FHLB	$ 0	$ 6,000
Fixed Rate Federal Home Loan Bank Advances [Member]
Fixed rate advances from the FHLB			$ 6,000

Note 10 - Borrowed Funds - Fe_2

Note 10 - Borrowed Funds - Federal Home Loan Bank Advances (Details) (Parentheticals)	Dec. 31, 2019
Fixed Rate Federal Home Loan Bank Advances [Member] | Weighted Average [Member]
Advances rate	2.66%

Note 11 - Employees' Benefit _2

Note 11 - Employees' Benefit Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	3.00%	6.50%
Defined Contribution Plan, Cost	$ 439	$ 948
Deferred Compensation Liability, Current and Noncurrent, Total	242	235
Deferred Compensation Arrangement with Individual, Compensation Expense	3	8
Deferred Costs, Total	74	68
Deferred Fee Liability	$ 1,400	$ 1,400
Two Years Of Service [Member] | Trust for Benefit of Employees [Member]
Defined Benefit Plan, Funded Percentage	40.00%
Three Years Of Service [Member] | Trust for Benefit of Employees [Member]
Defined Benefit Plan, Funded Percentage	60.00%
Four Years Of Service [Member] | Trust for Benefit of Employees [Member]
Defined Benefit Plan, Funded Percentage	80.00%
Five Years Of Service [Member] | Trust for Benefit of Employees [Member]
Defined Benefit Plan, Funded Percentage	100.00%
Minimum [Member]
Defined Benefit Plan Employees Pre-tax Contributions	1.00%
Maximum [Member]
Defined Benefit Plan Employees Pre-tax Contributions	50.00%

Note 12 - Regulatory Capital (D

Note 12 - Regulatory Capital (Details Textual) $ / shares in Units, $ in Thousands	Jan. 07, 2022USD ($)	Nov. 19, 2020$ / shares	Dec. 31, 2021USD ($)$ / shares	Dec. 31, 2020USD ($)$ / shares
Tier One Leverage Capital Required to be Well Capitalized to Average Assets			0.075
Dividends To Be Declared, Restrictions Amount Added To Net Profit			$ 21,400
Common Stock, Dividends, Per Share, Declared (in dollars per share) | $ / shares		$ 0.31	$ 1.24	$ 1.24
Payments of Ordinary Dividends, Common Stock			$ 4,310	$ 4,291
Subsequent Event [Member]
Payments of Ordinary Dividends, Common Stock	$ 1,100

Note 12 - Regulatory Capital -

Note 12 - Regulatory Capital - Regulatory Capital Requirements (Details) $ in Millions	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Tier 1 capital to adjusted average assets, minimum required to be well capitalized, ratio	0.075
People's Bank SB [Member]
Common equity tier 1 capital to risk-weighted assets, amount	$ 133.7	$ 122
Common equity tier 1 capital to risk-weighted assets, ratio	0.126	0.126
Common equity tier 1 capital to risk-weighted assets, required for capital adequacy purposes, amount	$ 47.8	$ 43.8
Common equity tier 1 capital to risk-weighted assets, minimum required for capital adequacy purposes, ratio	4.50%	4.50%
Common equity tier 1 capital to risk-weighted assets, minimum required to be well capitalized, amount	$ 69	$ 63.2
Common equity tier 1 capital to risk-weighted assets, minimum required to be well capitalized, ratio	6.50%	6.50%
Tier 1 capital to risk-weighted assets, amount	$ 133.7	$ 122
Tier 1 capital to risk-weighted assets, ratio	0.126	0.126
Tier 1 capital to risk-weighted assets, required for capital adequacy purposes, amount	$ 63.7	$ 58.4
Tier 1 capital to risk-weighted assets, minimum required for capital adequacy purposes, ratio	0.060	0.060
Tier 1 capital to risk-weighted assets, minimum required to be well capitalized, amount	$ 85	$ 77.8
Tier 1 capital to risk-weighted assets, minimum required to be well capitalized, ratio	0.080	0.080
Total capital to risk-weighted assets, amount	$ 147	$ 134.2
Total capital to risk-weighted assets, ratio	0.139	0.138
Total capital to risk-weighted assets, required for capital adequacy purposes, amount	$ 85	$ 77.8
Total capital to risk-weighted assets, minimum required for capital adequacy purposes, ratio	0.080	0.080
Total capital to risk-weighted assets, minimum required to be well capitalized, amount	$ 106.2	$ 97.3
Total capital to risk-weighted assets, minimum required to be well capitalized, ratio	0.100	0.100
Tier 1 capital to adjusted average assets, amount	$ 133.7	$ 122
Tier 1 capital to adjusted average assets, ratio	0.084	0.083
Tier 1 capital to adjusted average assets, required for capital adequacy purposes, amount	$ 64.1	$ 59.1
Tier 1 capital to adjusted average assets, minimum required for capital adequacy purposes, ratio	0.040	0.040
Tier 1 capital to adjusted average assets, minimum required to be well capitalized, amount	$ 80.1	$ 73.9
Tier 1 capital to adjusted average assets, minimum required to be well capitalized, ratio	0.050	0.050

Note 13 - Stock Based Compens_3

Note 13 - Stock Based Compensation (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Feb. 17, 2015
APIC, Share-based Payment Arrangement, Option, Increase for Cost Recognition	$ 574	$ 415
Net Surrender Value of Restricted Stock Awards	131	$ 85
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 877
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	1 year 6 months
2015 Stock Option and Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)			250,000
Share-based Payment Arrangement, Expense	$ 0
2015 Stock Option and Incentive Plan [Member] | Restricted Stock [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	3 years
2015 Stock Option and Incentive Plan [Member] | Restricted Stock [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	5 years

Note 13 - Stock Based Compens_4

Note 13 - Stock Based Compensation - Restricted Stock Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Non-vested, shares (in shares)	36,828	30,205
Non-vested, weighted average grant date fair value (in dollars per share)	$ 40.11	$ 35.63
Granted, shares (in shares)	21,255	13,243
Granted, weighted average grant date fair value (in dollars per share)	$ 41.42	$ 44.30
Vested, shares (in shares)	(13,493)	(6,400)
Vested, weighted average grant date fair value (in dollars per share)	$ 34.84	$ 27.50
Forfeited, shares (in shares)	(355)	(220)
Forfeited, weighted average grant date fair value (in dollars per share)	$ 41.50	$ 43.65
Non-vested, shares (in shares)	44,235	36,828
Non-vested, weighted average grant date fair value (in dollars per share)	$ 42.33	$ 40.11

Note 14 - Earnings Per Common_3

Note 14 - Earnings Per Common Share - Reconciliation of Basic and Diluted Earnings per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Net income as reported	$ 14,963	$ 15,932
Weighted average common shares outstanding (in shares)	3,477,309	3,461,948
Basic earnings per common share (in dollars per share)	$ 4.30	$ 4.60
Weighted average common and dilutive potential common shares outstanding (in shares)	3,477,309	3,461,948
Diluted earnings per common share (in dollars per share)	$ 4.30	$ 4.60

Note 15 - Related Party Trans_3

Note 15 - Related Party Transactions (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable, Related Parties, Ending Balance	$ 3,883	$ 4,350
Deposits, Total	1,434,201	1,302,339
Directors And Executive Officers [Member]
Deposits, Total	3,900	$ 5,300
Minimum [Member] | Directors And Executive Officers [Member]
Loans and Leases Receivable, Related Parties, Ending Balance	$ 120

Note 15 - Related Party Trans_4

Note 15 - Related Party Transactions - Related Party Loan Activity (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Aggregate balance at the beginning of the year	$ 4,350
New loans	0
Repayments	(467)
Aggregate balance at the end of the year	$ 3,883

Note 16 - Commitments and Con_3

Note 16 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable, Commitments, Fixed Rates	$ 103,024	$ 93,467
Standby Letters of Credit [Member]
Letters of Credit Outstanding, Amount	$ 12,300	$ 11,500
Minimum [Member]
Loans Receivable Fixed Rates of Interest	2.25%	2.25%
Maximum [Member]
Loans Receivable Fixed Rates of Interest	10.00%	10.00%

Note 16 - Commitments and Con_4

Note 16 - Commitments and Contingencies - Outstanding Commitments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Loans and leases receivable, commitments, fixed rate	$ 103,024	$ 93,467
Loans and leases receivable, commitments, variable rate	131,360	131,419
Loans and leases receivable, commitments	234,384	224,886
Residential Real Estate [Member]
Loans and leases receivable, commitments, fixed rate	34	749
Loans and leases receivable, commitments, variable rate	19,261	21,961
Loans and leases receivable, commitments	19,295	22,710
Home Equity Loan [Member]
Loans and leases receivable, commitments, fixed rate	41,944	44,972
Loans and leases receivable, commitments, variable rate	7,066	7,951
Loans and leases receivable, commitments	49,010	52,923
Commercial Real Estate [Member]
Loans and leases receivable, commitments, fixed rate	2,033	2,955
Loans and leases receivable, commitments, variable rate	8,745	13,138
Loans and leases receivable, commitments	10,778	16,093
Construction and Land Development [Member]
Loans and leases receivable, commitments, fixed rate	34,817	20,667
Loans and leases receivable, commitments, variable rate	24,491	30,959
Loans and leases receivable, commitments	59,308	51,626
Multifamily [Member]
Loans and leases receivable, commitments, fixed rate	229	158
Loans and leases receivable, commitments, variable rate	958	579
Loans and leases receivable, commitments	1,187	737
Consumer [Member]
Loans and leases receivable, commitments, fixed rate	23,422	23,020
Loans and leases receivable, commitments, variable rate	0	0
Loans and leases receivable, commitments	23,422	23,020
Commercial Business [Member]
Loans and leases receivable, commitments, fixed rate	545	946
Loans and leases receivable, commitments, variable rate	61,440	56,744
Loans and leases receivable, commitments	61,985	57,690
Lot [Member]
Loans and leases receivable, commitments, fixed rate	0	0
Loans and leases receivable, commitments, variable rate	9,399	87
Loans and leases receivable, commitments	$ 9,399	$ 87

Note 17 - Derivative Financia_3

Note 17 - Derivative Financial Instruments - Non-hedging Derivative Financial Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Derivative assets, fair vale	$ 2,827	$ 4,012
Derivative liabilities, fair vale	2,686	3,638
Derivative instrument, gain (loss)	146	987
Not Designated as Hedging Instrument [Member]
Derivative, notational amount	101,991	99,150
Interest Rate Swap [Member] | Fees and Service Charges [Member]
Derivative instrument, gain (loss)	379	800
Interest Rate Swap [Member] | Other Assets [Member]
Derivative assets, fair vale	2,686	3,638
Interest Rate Swap [Member] | Other Liabilities [Member]
Derivative liabilities, fair vale	2,686	3,638
Interest Rate Swap [Member] | Not Designated as Hedging Instrument [Member]
Derivative, notational amount	94,154	72,707
Interest Rate Lock Commitments [Member] | Gain (Loss) on Sale of Loans Held-for-Sale, Net [Member]
Derivative instrument, gain (loss)	(233)	187
Interest Rate Lock Commitments [Member] | Other Assets [Member]
Derivative assets, fair vale	141	374
Interest Rate Lock Commitments [Member] | Other Liabilities [Member]
Derivative liabilities, fair vale	0	0
Interest Rate Lock Commitments [Member] | Not Designated as Hedging Instrument [Member]
Derivative, notational amount	$ 7,837	$ 26,443

Note 17 - Derivative Financia_4

Note 17 - Derivative Financial Instruments - Offset Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Gross amount of recognized assets	$ 2,827	$ 4,012
Gross amounts offset in the statements of financial condition	0	0
Net amount of assets presented in the statement of financial condition	2,827	4,012
Financial instruments	0	0
Cash collateral received	0	0
Net amount	2,827	4,012
Interest Rate Swap [Member]
Gross amount of recognized assets	2,686	3,638
Gross amounts offset in the statements of financial condition	0	0
Net amount of assets presented in the statement of financial condition	2,686	3,638
Financial instruments	0	0
Cash collateral received	0	0
Net amount	2,686	3,638
Interest Rate Lock Commitments [Member]
Gross amount of recognized assets	141	374
Gross amounts offset in the statements of financial condition	0	0
Net amount of assets presented in the statement of financial condition	141	374
Financial instruments	0	0
Cash collateral received	0	0
Net amount	$ 141	$ 374

Note 17 - Derivative Financia_5

Note 17 - Derivative Financial Instruments - Offset Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Gross amount of recognized liabilities	$ 2,686	$ 3,638
Gross amounts offset in the statement of financial condition	0	0
Interest rate swap contracts	2,686	3,638
Financial instruments	0	0
Cash collateral pledged	3,930	3,930
Net amount	(1,244)
Net amount		(292)
Interest Rate Swap [Member]
Gross amount of recognized liabilities	2,686	3,638
Gross amounts offset in the statement of financial condition	0	0
Interest rate swap contracts	2,686	3,638
Financial instruments	0	0
Cash collateral pledged	3,930	3,930
Net amount	$ (1,244)
Net amount		$ (292)

Note 18 - Fair Values of Fina_3

Note 18 - Fair Values of Financial Instruments (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Additions, Additional Credit Losses	$ 0	$ 0
Debt Securities, Available-for-sale, Amortized Cost, Total	521,485	397,462
Trust Preferred Securities Debt [Member]
Debt Securities, Available-for-sale, Amortized Cost, Total	$ 2,200	$ 2,200

Note 18 - Fair Values of Fina_4

Note 18 - Fair Values of Financial Instruments - Credit Loss Roll Forward for Trust Preferred Securities Classified with Other Than Temporary Impairment (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Ending balance, December 31, 2020	$ 173
Additions not previously recognized	0
Ending balance, December 31, 2021	$ 173

Note 18 - Fair Values of Fina_5

Note 18 - Fair Values of Financial Instruments - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Derivative Assets	$ 2,827	$ 4,012
Total securities available-for-sale	526,889	410,669
Interest rate swap contracts	2,686	3,638
US Government-sponsored Enterprises Debt Securities [Member]
Total securities available-for-sale	8,669
Money Market Funds [Member]
Total securities available-for-sale		52,941
US Treasury Securities [Member]
Total securities available-for-sale	400	7,860
Collateralized Mortgage Obligations and Residential Mortgage Backed Securities [Member]
Total securities available-for-sale	184,701	154,736
US States and Political Subdivisions Debt Securities [Member]
Total securities available-for-sale	332,127	194,203
Collateralized Debt Obligations [Member]
Total securities available-for-sale	992	929
Interest Rate Swap [Member]
Derivative Assets	2,686	3,638
Interest rate swap contracts	2,686	3,638
Fair Value, Recurring [Member]
Total securities available-for-sale	526,889	410,669
Fair Value, Recurring [Member] | US Government-sponsored Enterprises Debt Securities [Member]
Total securities available-for-sale	8,669	7,860
Fair Value, Recurring [Member] | Money Market Funds [Member]
Total securities available-for-sale		52,941
Fair Value, Recurring [Member] | US Treasury Securities [Member]
Total securities available-for-sale	400
Fair Value, Recurring [Member] | Collateralized Mortgage Obligations and Residential Mortgage Backed Securities [Member]
Total securities available-for-sale	184,701	154,736
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Total securities available-for-sale	332,127	194,203
Fair Value, Recurring [Member] | Collateralized Debt Obligations [Member]
Total securities available-for-sale	992	929
Fair Value, Recurring [Member] | Interest Rate Lock Commitments [Member]
Derivative Assets	141	374
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Total securities available-for-sale	0	52,941
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US Government-sponsored Enterprises Debt Securities [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]
Total securities available-for-sale		52,941
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US Treasury Securities [Member]
Total securities available-for-sale	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Collateralized Mortgage Obligations and Residential Mortgage Backed Securities [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US States and Political Subdivisions Debt Securities [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Collateralized Debt Obligations [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Lock Commitments [Member]
Derivative Assets	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Total securities available-for-sale	525,897	356,799
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US Government-sponsored Enterprises Debt Securities [Member]
Total securities available-for-sale	8,669	7,860
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Money Market Funds [Member]
Total securities available-for-sale		0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US Treasury Securities [Member]
Total securities available-for-sale	400
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage Obligations and Residential Mortgage Backed Securities [Member]
Total securities available-for-sale	184,701	154,736
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member]
Total securities available-for-sale	332,127	194,203
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Collateralized Debt Obligations [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Lock Commitments [Member]
Derivative Assets	141	374
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Total securities available-for-sale	992	929
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US Government-sponsored Enterprises Debt Securities [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Money Market Funds [Member]
Total securities available-for-sale		0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US Treasury Securities [Member]
Total securities available-for-sale	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Collateralized Mortgage Obligations and Residential Mortgage Backed Securities [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US States and Political Subdivisions Debt Securities [Member]
Total securities available-for-sale	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Collateralized Debt Obligations [Member]
Total securities available-for-sale	992	929
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Lock Commitments [Member]
Derivative Assets	0	0
Fair Value, Recurring [Member] | Interest Rate Swap [Member]
Derivative Assets	2,686	3,638
Interest rate swap contracts	2,686	3,638
Fair Value, Recurring [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative Assets	0	0
Interest rate swap contracts	0	0
Fair Value, Recurring [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative Assets	2,686	3,638
Interest rate swap contracts	2,686	3,638
Fair Value, Recurring [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative Assets	0	0
Interest rate swap contracts	$ 0	$ 0

Note 18 - Fair Values of Fina_6

Note 18 - Fair Values of Financial Instruments - Available for Sale Securities (Details) - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Beginning balance	$ 929	$ 1,076
Principal payments	(9)	(20)
Total unrealized gains (losses), included in other comprehensive income	72	(127)
Ending balance	$ 992	$ 929

Note 18 - Fair Values of Fina_7

Note 18 - Fair Values of Financial Instruments - Assets Measured on a Nonrecurring Basis (Details) - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Impaired Loans [Member]
Assets, fair value	$ 896	$ 10,046
Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, fair value	0	0
Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, fair value	0	0
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, fair value	896	10,046
Foreclosed Real Estate [Member]
Assets, fair value	0	538
Foreclosed Real Estate [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, fair value	0	0
Foreclosed Real Estate [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, fair value	0	0
Foreclosed Real Estate [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, fair value	$ 0	$ 1,083

Note 18 - Fair Values of Fina_8

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

Note 19 - Parent Company Only_3

Note 19 - Parent Company Only Statements - Condensed Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Jan. 01, 2020	Dec. 31, 2019
Interest bearing deposits in other financial institutions	$ 19,987	$ 5,908
Other assets	14,854	13,880
Total assets	1,620,743	1,496,292
Dividends declared not paid	1,079	1,074
Total liabilities	1,464,128	1,344,603
Additional paid-in capital	30,430	29,987
Accumulated other comprehensive income	4,276	10,441
Retained earnings	121,909	111,261
Total shareholders' equity	156,615	151,689	$ 133,542	$ 133,542
Total liabilities and stockholders' equity	1,620,743	1,496,292
Parent Company [Member]
Cash on deposit with Peoples Bank	1,183	805
Interest bearing deposits in other financial institutions	153,772	149,695
Investment in NWIN Risk Management, Inc	1,970	1,775
Dividends receivable from Peoples Bank	1,070	1,070
Other assets	581	420
Total assets	158,576	153,765
Dividends declared not paid	1,079	1,074
Other liabilities	882	1,002
Total liabilities	1,961	2,076
Additional paid-in capital	30,430	29,987
Accumulated other comprehensive income	4,276	10,441
Retained earnings	121,909	111,261
Total shareholders' equity	156,615	151,689
Total liabilities and stockholders' equity	$ 158,576	$ 153,765

Note 19 - Parent Company Only_4

Note 19 - Parent Company Only Statements - Condensed Income Statement (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Dividends from Peoples Bank	$ 4,315	$ 4,295
Income tax expenses	1,414	2,774
Net income	14,963	15,932
Parent Company [Member]
Dividends from Peoples Bank	4,880	3,395
Operating expenses	448	413
Income before income taxes and equity in undistributed income of Peoples Bank	4,432	2,982
Income tax expenses	(94)	(86)
Income before equity in undistributed income of Peoples Bank	4,526	3,068
income of NWIN Risk Management, Inc	1,024	923
Net income	$ 14,963	$ 15,932

Note 19 - Parent Company Only_5

Note 19 - Parent Company Only Statements - Condensed Statements of Comprehensive Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Net income	$ 14,963	$ 15,932
Unrealized (loss) gain arising during the period	(5,816)	10,169
Less: reclassification adjustment for gains included in net income	(1,987)	(2,348)
Net securities gain during the period	(7,803)	7,821
Tax effect	1,638	(1,641)
Comprehensive income, net of tax	8,798	22,112
Parent Company [Member]
Net income	14,963	15,932
Unrealized (loss) gain arising during the period	(5,816)	10,169
Less: reclassification adjustment for gains included in net income	(1,987)	(2,348)
Net securities gain during the period	(7,803)	7,821
Tax effect	1,638	(1,641)
Net of tax amount	(6,165)	6,180
Comprehensive income, net of tax	$ 8,798	$ 22,112

Note 19 - Parent Company Only_6

Note 19 - Parent Company Only Statements - Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net income	$ 14,963	$ 15,932
Adjustments to reconcile net income to net cash provided by operating activities:
Stock based compensation expense	574	415
Other assets	1,784	(1,817)
Net cash - operating activities	17,043	19,736
Cash flows from investing activities:
Net cash - investing activities	(125,931)	(185,060)
Cash flows from financing activities:
Dividends paid	(4,310)	(4,291)
Net surrender value of restricted stock awards	(131)	(85)
Net cash - financing activities	122,142	137,988
Income taxes	2,185	1,025
Dividends declared not paid	1,079	1,074
Parent Company [Member]
Cash flows from operating activities:
Net income	14,963	15,932
Adjustments to reconcile net income to net cash provided by operating activities:
Distributions in excess of income (equity in undistributed income): Peoples Bank	(9,413)	(11,941)
NWIN Risk Management, Inc	(1,024)	(923)
Distribution from NWIN Risk Management, Inc	830	884
Stock based compensation expense	574	415
Other assets	(161)	190
Change in other liabilities	(120)	433
Net cash - operating activities	5,649	4,990
Cash flows from investing activities:
Investment in Peoples Bank	(830)	0
Net cash - investing activities	(830)	0
Cash flows from financing activities:
Dividends paid	(4,310)	(4,291)
Net surrender value of restricted stock awards	(131)	(85)
Net cash - financing activities	(4,441)	(4,376)
Net change in cash	378	614
Cash at beginning of year	805	191
Cash at end of year	1,183	805
Income taxes	2,185	1,025
Dividends declared not paid	$ 1,079	$ 1,074