XML 59 R40.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Parent Company Only Statements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Balance Sheet [Table Text Block] |
|  | (Dollars in thousands) |
|  | NorthWest Indiana Bancorp |
|  | Condensed Balance Sheets |
|  | December 31, |
|  | 2016 |  | 2015 |
Assets |  |  |  |  |  |  |
Cash on deposit with Peoples Bank |  | $ | 57 |  | $ | 741 |
Investment in Peoples Bank |  |  | 82,875 |  |  | 80,551 |
Investment in NWIN Risk Management, Inc. |  |  | 775 |  |  | - |
Dividends receivable from Peoples Bank |  |  | 800 |  |  | 770 |
Other assets |  |  | 775 |  |  | 150 |
Total assets |  | $ | 85,282 |  | $ | 82,212 |
Liabilities and stockholders’ equity |  |  |  |  |  |  |
Dividends payable |  | $ | 800 |  | $ | 770 |
Other liabilities |  |  | 374 |  |  | 533 |
Total liabilities |  |  | 1,174 |  |  | 1,303 |
Common stock |  |  | 361 |  |  | 361 |
Additional paid in capital |  |  | 4,300 |  |  | 4,158 |
Accumulated other comprehensive income |  |  | (1,506) |  |  | 1,406 |
Retained earnings |  |  | 80,953 |  |  | 74,984 |
Total stockholders’ equity |  |  | 84,108 |  |  | 80,909 |
Total liabilities and stockholders’ equity |  | $ | 85,282 |  | $ | 82,212 |
Condensed Income Statement [Table Text Block] |
|  | (Dollars in thousands) |
|  | NorthWest Indiana Bancorp |
|  | Condensed Statements of Income |
|  | Year Ended December 31, |
|  | 2016 |  |  | 2015 |
Dividends from Peoples Bank |  | $ | 3,520 |  |  | $ | 3,021 |
Operating expenses |  |  | 194 |  |  |  | 151 |
Income before income taxes and equity in undistributed income of Peoples Bank |  |  | 3,326 |  |  |  | 2,870 |
Income tax benefit |  |  | (54 | ) |  |  | (29 | )
Income before equity in undistributed income of Peoples Bank |  |  | 3,380 |  |  |  | 2,899 |
Equity in undistributed |  |  |  |  |  |  |  |
Income of Peoples Bank |  |  | 5,237 |  |  |  | 4,953 |
Income of NWIN Risk Management, Inc. |  |  | 525 |  |  |  | - |
Net income |  | $ | 9,142 |  |  | $ | 7,852 |
Condensed Cash Flow Statement [Table Text Block] |
|  | (Dollars in thousands) |
|  | NorthWest Indiana Bancorp |
|  | Condensed Statements of Cash Flows |
|  | Year Ended December 31, |
|  | 2016 |  | 2015 |
Cash flows from operating activities: |  |  |  |  |  |  |
Net income |  | $ | 9,142 |  | $ | 7,852 |
Adjustments to reconcile net income to net cash provided by operating activities |  |  |  |  |  |  |
Equity in undistributed net income of: |  |  |  |  |  |  |
Peoples Bank |  |  | (5,237) |  |  | (4,953) |
NWIN Risk Management, Inc. |  |  | (525) |  |  | - |
Stock based compensation expense |  |  | 142 |  |  | 96 |
Change in other assets |  |  | (654) |  |  | 104 |
Change in other liabilities |  |  | (159) |  |  | 461 |
Total adjustments |  |  | (6,433) |  |  | (4,292) |
Net cash - operating activities |  |  | 2,709 |  |  | 3,560 |
Cash flows from investing activities: |  |  |  |  |  |  |
Investment in NWIN Risk Management, Inc. |  |  | (250) |  |  | - |
Net cash - investing activities |  |  | (250) |  |  | - |
Cash flows from financing activities: |  |  |  |  |  |  |
Dividends paid |  |  | (3,143) |  |  | (2,962) |
Net cash - financing activities |  |  | (3,143) |  |  | (2,962) |
Net change in cash |  |  | (684) |  |  | 598 |
Cash at beginning of year |  |  | 741 |  |  | 143 |
Cash at end of year |  | $ | 57 |  | $ | 741 |

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

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration