XML 52 R26.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Parent Company Only Statements | 12 Months Ended
--- | ---
Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract] |
Condensed Financial Information of Parent Company Only Disclosure [Text Block] | Note 18 – Parent Company Only Statements
|  | (Dollars in thousands) |
|  | NorthWest Indiana Bancorp |
|  | Condensed Balance Sheets |
|  | December 31, |  |  | December 31, |
|  | 2018 |  |  | 2017 |
Assets |  |  |  |  |  |  |  |
Cash on deposit with Peoples Bank |  | $ | 881 |  |  | $ | 125 |
Investment in Peoples Bank |  |  | 98,606 |  |  |  | 89,915 |
Investment in NWIN Risk Management, Inc |  |  | 2,503 |  |  |  | 1,674 |
Dividends receivable from Peoples Bank |  |  | 909 |  |  |  | 831 |
Other assets |  |  | 302 |  |  |  | 899 |
Total assets |  | $ | 103,201 |  |  | $ | 93,444 |
Liabilities and stockholders’ equity |  |  |  |  |  |  |  |
Dividends payable |  | $ | 909 |  |  | $ | 831 |
Other liabilities |  |  | 828 |  |  |  | 553 |
Total liabilities |  |  | 1,737 |  |  |  | 1,384 |
Additional paid in capital |  |  | 11,927 |  |  |  | 4,867 |
Accumulated other comprehensive (loss) income |  |  | (2,796 | ) |  |  | 684 |
Retained earnings |  |  | 92,333 |  |  |  | 86,509 |
Total stockholders’ equity |  |  | 101,464 |  |  |  | 92,060 |
Total liabilities and stockholders’ equity |  | $ | 103,201 |  |  | $ | 93,444 |
|  | (Dollars in thousands) |
|  | NorthWest Indiana Bancorp |
|  | Condensed Statements of Income |
|  | Year Ended December 31, |
|  | 2018 |  |  | 2017 |
Dividends from Peoples Bank |  | $ | 12,330 |  |  | $ | 3,295 |
Operating expenses |  |  | 477 |  |  |  | 262 |
Income before income taxes and equity in undistributed income of Peoples Bank |  |  | 11,853 |  |  |  | 3,033 |
Income tax benefit |  |  | (98 | ) |  |  | (69 | )
Income before equity in undistributed income of Peoples Bank |  |  | 11,951 |  |  |  | 3,102 |
Equity in undistributed (distributions in excess of income) income of Peoples Bank |  |  | (3,443 | ) |  |  | 4,961 |
income of NWIN Risk Management, Inc |  |  | 829 |  |  |  | 898 |
Net income |  | $ | 9,337 |  |  | $ | 8,961 |
|  | (Dollars in thousands) |
|  | NorthWest Indiana Bancorp |
|  | Condensed Statements of Cash Flows |
|  | Year Ended December 31, |
|  | 2018 |  |  | 2017 |
Cash flows from operating activities: |  |  |  |  |  |  |  |
Net income |  | $ | 9,337 |  |  | $ | 8,961 |
Adjustments to reconcile net income to net cash provided by operating activities |  |  |  |  |  |  |  |
Distributions in excess of income (equity in undistributed income): |  |  |  |  |  |  |  |
Peoples Bank |  |  | 3,443 |  |  |  | (4,961 | )
NWIN Risk Management, Inc |  |  | (829 | ) |  |  | (898 | )
Stock based compensation expense |  |  | 204 |  |  |  | 192 |
Net surrender value of restricted stock awards |  |  | (72 | ) |  |  | - |
Change in other assets |  |  | 519 |  |  |  | (155 | )
Change in other liabilities |  |  | 275 |  |  |  | 179 |
Total adjustments |  |  | 3,540 |  |  |  | (5,643 | )
Net cash - operating activities |  |  | 12,877 |  |  |  | 3,318 |
Cash flows from investing activities: |  |  |  |  |  |  |  |
Cash paid for acquisition |  |  | (8,689 | ) |  |  | - |
Investment in NWIN Risk Management, Inc |  |  | - |  |  |  | - |
Net cash - investing activities |  |  | (8,689 | ) |  |  | - |
Cash flows from financing activities: |  |  |  |  |  |  |  |
Dividends paid |  |  | (3,432 | ) |  |  | (3,264 | )
Proceeds from issuance of common stock |  |  | - |  |  |  | 14 |
Net cash - financing activities |  |  | (3,432 | ) |  |  | (3,250 | )
Net change in cash |  |  | 756 |  |  |  | 68 |
Cash at beginning of year |  |  | 125 |  |  |  | 57 |
Cash at end of year. |  | $ | 881 |  |  | $ | 125 |

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

X
- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=108774443&loc=d3e5283-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.9-06) -URI http://asc.fasb.org/extlink&oid=6882215&loc=d3e537971-122884 + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration