XML 29 R43.htm IDEA: XBRL DOCUMENT
v3.20.1

Employee Benefit Plans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Employee Benefit Plans |
Schedule of employee benefits charged to operating expenses |
(in thousands) |  | 2019 |  | 2018 |  | 2017
Payroll taxes |  | $ | 1,112 |  | $ | 1,156 |  | $ | 1,167
Medical plans |  |  | 1,826 |  |  | 2,109 |  |  | 2,026
401(k) match and profit sharing |  |  | 1,290 |  |  | 956 |  |  | 873
Periodic pension cost |  |  | 1,430 |  |  | 1,707 |  |  | 1,343
Other |  |  | 63 |  |  | 67 |  |  | 83
Total employee benefits |  | $ | 5,721 |  | $ | 5,995 |  | $ | 5,492
Schedule of obligations and funded status |
(in thousands) |  | 2019 |  | 2018
Change in projected benefit obligation: |  |  |  |  |  |
Balance, January 1 |  | $ | 26,892 |  | $ | 27,871
Service cost |  |  | 1,430 |  |  | 1,707
Interest cost |  |  | 1,169 |  |  | 1,037
Actuarial loss (gain) |  |  | 5,164 |  |  | (3,122)
Benefits paid |  |  | (646) |  |  | (601)
Balance, December 31, |  | $ | 34,009 |  | $ | 26,892
Change in plan assets: |  |  |  |  |  |
Fair value, January 1 |  | $ | 19,672 |  | $ | 19,924
Actual return on plan assets |  |  | 5,164 |  |  | (1,329)
Employer contribution |  |  | 1,610 |  |  | 1,800
Expenses paid |  |  | (111) |  |  | (122)
Benefits paid |  |  | (646) |  |  | (601)
Fair value, December 31, |  | $ | 25,689 |  | $ | 19,672
Funded status at end of year |  | $ | (8,320) |  | $ | (7,220)
Accumulated benefit obligation |  | $ | 26,380 |  | $ | 21,244
Schedule of components of net pension cost |
(in thousands) |  | 2019 |  | 2018 |  | 2017
Service cost - benefits earned during the year |  | $ | 1,430 |  | $ | 1,707 |  | $ | 1,343
Interest costs on projected benefit obligations (a) |  |  | 1,169 |  |  | 1,037 |  |  | 1,009
Expected return on plan assets (a) |  |  | (1,467) |  |  | (1,327) |  |  | (1,127)
Expected administrative expenses (a) |  |  | 122 |  |  | 93 |  |  | 88
Amortization of prior service cost (a) |  |  | 79 |  |  | 79 |  |  | 79
Amortization of unrecognized net loss (a) |  |  | — |  |  | 140 |  |  | 11
Net periodic pension cost |  | $ | 1,333 |  | $ | 1,729 |  | $ | 1,403
| (a) |  | The components of net periodic pension cost other than the service cost component are included in other non-interest expense.
Schedule of amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive loss, including amounts recognized in other comprehensive income |
(in thousands) |  | 2019 |  | 2018
Prior service costs |  | $ | (49) |  | $ | (128)
Net accumulated actuarial net loss |  |  | (4,675) |  |  | (3,219)
Accumulated other comprehensive loss |  |  | (4,724) |  |  | (3,347)
Net periodic benefit cost in excess of cumulative employer contributions |  |  | (3,596) |  |  | (3,873)
Net amount recognized at December 31, balance sheet |  | $ | (8,320) |  | $ | (7,220)
Net (loss) gain arising during period |  | $ | (1,455) |  | $ | 436
Prior service cost amortization |  |  | 79 |  |  | 79
Amortization of net actuarial loss |  |  | — |  |  | 140
Total recognized in other comprehensive (loss) income |  | $ | (1,376) |  | $ | 655
Total recognized in net periodic pension cost and other comprehensive income |  | $ | 2,709 |  | $ | 1,074
Schedule of assumptions utilized to determine benefit obligations and to determine pension expense |
|  | 2019 |  | 2018 |  | 2017 |
Determination of benefit obligation at year end: |  |  |  |  |  |  |
Discount rate |  | 3.45 | % | 4.40 | % | 3.75 | %
Annual rate of compensation increase |  | 4.00 | % | 4.00 | % | 4.00 | %
Determination of pension expense for year ended: |  |  |  |  |  |  |
Discount rate for the service cost |  | 4.40 | % | 3.75 | % | 4.40 | %
Annual rate of compensation increase |  | 4.00 | % | 4.00 | % | 4.00 | %
Expected long-term rate of return on plan assets |  | 6.75 | % | 6.75 | % | 6.75 | %
Schedule of fair value of the Company's pension plan assets, by asset category |
|  |  |  |  | Fair Value Measurements
|  |  |  |  | Quoted Prices |  |  |  |  |
|  |  |  |  | in Active |  |  |  |  |
|  |  |  |  | Markets for |  | Other |  | Significant
|  |  |  |  | Identical |  | Observable |  | Unobservable
|  |  |  |  | Assets |  | Inputs |  | Inputs
(in thousands) |  | Fair Value |  | (Level 1) |  | (Level 2) |  | (Level 3)
December 31, 2019 |  |  |  |  |  |  |  |  |  |  |
Cash equivalents |  | $ | 1,940 |  | $ | 1,940 |  | $ | — | $ | —
U.S government agency obligations |  |  | 300 |  |  | — |  |  | 300 |  | —
Corporate bonds |  |  | 307 |  |  | — |  |  | 307 |  | —
Equity securities |  |  | 1,436 |  |  | 1,436 |  |  | — |  |
Mutual funds |  |  | 21,706 |  |  | 21,706 |  |  | — |  | —
Total |  | $ | 25,689 |  | $ | 25,082 |  | $ | 607 | $ | —
December 31, 2018 |  |  |  |  |  |  |  |  |  |  |
Cash equivalents |  | $ | 707 |  | $ | 707 |  | $ | — | $ | —
U.S government agency obligations |  |  | 1,778 |  |  | — |  |  | 1,778 |  | —
Corporate bonds |  |  | 295 |  |  | — |  |  | 295 |  |
Equity securities |  |  | 1,236 |  |  | 1,236 |  |  |  |  |
Mutual funds |  |  | 15,656 |  |  | 15,656 |  |  | — |  | —
Total |  | $ | 19,672 |  | $ | 17,599 |  | $ | 2,073 | $ | —
Schedule of future benefit payments expected to be paid |
|  | Pension
Year |  | benefits
(in thousands) |  |  |
2020 |  | $ | 819
2021 |  |  | 888
2022 |  |  | 1,022
2023 |  |  | 1,065
2024 |  |  | 1,066
2025 to 2029 |  |  | 6,985

X
- Definition Tabular disclosure of the amounts related to pension plans and/or other employee benefit plans in accumulated other comprehensive income or loss, which have not yet been recognized as components of net periodic benefit cost. Also includes amount of net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. + References No definition available. + Details
Name: | hwbk_ScheduleOfNetPeriodicBenefitCostNotYetRecognizedIncludingAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | hwbk_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of employee benefits charged to operating expenses. + References No definition available. + Details
Name: | hwbk_SummaryOfEmployeeBenefitsChargedToOperatingExpensesTableTextBlock
Namespace Prefix: | hwbk_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a)(b)(c) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
Name: | us-gaap_ChangesInProjectedBenefitObligationsFairValueOfPlanAssetsAndFundedStatusOfPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(5) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAllocationOfPlanAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration