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Note 19 - Parent Company Only Statements (Tables) | 12 Months Ended
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Dec. 31, 2019
Notes Tables |
Condensed Balance Sheet [Table Text Block] |
|  | (Dollars in thousands) |
|  | NorthWest Indiana Bancorp |
|  | Condensed Balance Sheets |
|  | December 31, |  |  | December 31, |
|  | 2019 |  |  | 2018 |
Assets |  |  |  |  |  |  |  |
Cash on deposit with Peoples Bank |  | $ | 191 |  |  | $ | 881 |
Investment in Peoples Bank |  |  | 132,134 |  |  |  | 98,606 |
Investment in NWIN Risk Management, Inc |  |  | 1,736 |  |  |  | 2,503 |
Dividends receivable from Peoples Bank |  |  | 1,070 |  |  |  | 909 |
Other assets |  |  | 235 |  |  |  | 302 |
Total assets |  | $ | 135,366 |  |  | $ | 103,201 |
Liabilities and stockholders’ equity |  |  |  |  |  |  |  |
Dividends payable |  | $ | 1,070 |  |  | $ | 909 |
Other liabilities |  |  | 569 |  |  |  | 828 |
Total liabilities |  |  | 1,639 |  |  |  | 1,737 |
Additional paid in capital |  |  | 29,657 |  |  |  | 11,927 |
Accumulated other comprehensive (loss) income |  |  | 4,261 |  |  |  | (2,796 | )
Retained earnings |  |  | 99,809 |  |  |  | 92,333 |
Total stockholders’ equity |  |  | 133,727 |  |  |  | 101,464 |
Total liabilities and stockholders’ equity |  | $ | 135,366 |  |  | $ | 103,201 |
Condensed Income Statement [Table Text Block] |
|  | (Dollars in thousands) |
|  | NorthWest Indiana Bancorp |
|  | Condensed Statements of Income |
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |
Dividends from Peoples Bank |  | $ | 19,388 |  |  | $ | 12,330 |
Operating expenses |  |  | 486 |  |  |  | 477 |
Income before income taxes and equity in undistributed income of Peoples Bank |  |  | 18,902 |  |  |  | 11,853 |
Income tax benefit |  |  | (101 | ) |  |  | (98 | )
Income before equity in undistributed income of Peoples Bank |  |  | 19,003 |  |  |  | 11,951 |
Equity in undistributed (distributions in excess of income) income of Peoples Bank |  |  | (7,889 | ) |  |  | (3,443 | )
income of NWIN Risk Management, Inc |  |  | 983 |  |  |  | 829 |
Net income |  | $ | 12,097 |  |  | $ | 9,337 |
Condensed Cash Flow Statement [Table Text Block] |
|  | (Dollars in thousands) |
|  | NorthWest Indiana Bancorp |
|  | Condensed Statements of Cash Flows |
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |
Cash flows from operating activities: |  |  |  |  |  |  |  |
Net income |  | $ | 12,097 |  |  | $ | 9,337 |
Adjustments to reconcile net income to net cash provided by operating activities |  |  |  |  |  |  |  |
Distributions in excess of income (equity in undistributed income): |  |  |  |  |  |  |  |
Peoples Bank |  |  | 7,889 |  |  |  | 3,443 |
NWIN Risk Management, Inc |  |  | (983 | ) |  |  | (829 | )
Stock based compensation expense |  |  | 301 |  |  |  | 204 |
Net surrender value of restricted stock awards |  |  | (63 | ) |  |  | (72 | )
Change in other assets |  |  | (94 | ) |  |  | 519 |
Change in other liabilities |  |  | (259 | ) |  |  | 275 |
Total adjustments |  |  | 6,791 |  |  |  | 3,540 |
Net cash - operating activities |  |  | 18,888 |  |  |  | 12,877 |
Cash flows from investing activities: |  |  |  |  |  |  |  |
Cash paid for acquisition |  |  | (15,743 | ) |  |  | (8,689 | )
Investment in Peoples Bank |  |  | (1,500 | ) |  |  | - |
Distribution from NWIN Risk Management, Inc |  |  | 1,750 |  |  |  | - |
Net cash - investing activities |  |  | (15,493 | ) |  |  | (8,689 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |
Dividends paid |  |  | (4,085 | ) |  |  | (3,432 | )
Proceeds from issuance of common stock |  |  | - |  |  |  | - |
Net cash - financing activities |  |  | (4,085 | ) |  |  | (3,432 | )
Net change in cash |  |  | (690 | ) |  |  | 756 |
Cash at beginning of year |  |  | 881 |  |  |  | 125 |
Cash at end of year |  | $ | 191 |  |  | $ | 881 |

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