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Note 11 - Other Comprehensive Income | 9 Months Ended
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Sep. 30, 2016
Notes to Financial Statements |
Comprehensive Income (Loss) Note [Text Block] | Note 11. Other Comprehensive Income The following table presents the components of other comprehensive (loss) income for the three and nine months ended September 30, 2016 and 2015.
(dollars in thousands) |  | Before Tax |  |  | Tax Effect |  |  | Net of Tax |
Three Months Ended September 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized loss on securities available-for-sale |  | $ | (1,512 | ) |  | $ | (605 | ) |  | $ | (907 | )
Less: Reclassification adjustment for net gains included in net income |  |  | (1 | ) |  |  | - |  |  |  | (1 | )
Total unrealized loss |  |  | (1,511 | ) |  |  | (605 | ) |  |  | (906 | )
Net unrealized gain on derivatives |  |  | 2,927 |  |  |  | 1,171 |  |  |  | 1,756 |
Less: Reclassification adjustment for losses included in net income |  |  | 777 |  |  |  | 311 |  |  |  | 466 |
Total unrealized gain |  |  | 2,150 |  |  |  | 860 |  |  |  | 1,290 |
Other Comprehensive Income |  | $ | 639 |  |  | $ | 255 |  |  | $ | 384 |
Three Months Ended September 30, 2015 |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized gain on securities available-for-sale |  | $ | 3,512 |  |  | $ | 1,405 |  |  | $ | 2,107 |
Less: Reclassification adjustment for net gains included in net income |  |  | (60 | ) |  |  | (24 | ) |  |  | (36 | )
Total unrealized loss |  |  | 3,452 |  |  |  | 1,381 |  |  |  | 2,071 |
Net unrealized loss on derivatives |  |  | (6,627 | ) |  |  | (2,651 | ) |  |  | (3,976 | )
Less: Reclassification adjustment for losses included in net income |  |  | - |  |  |  | - |  |  |  | - |
Total unrealized gain |  |  | (6,627 | ) |  |  | (2,651 | ) |  |  | (3,976 | )
Other Comprehensive Loss |  | $ | (3,175 | ) |  | $ | (1,270 | ) |  | $ | (1,905 | )
Nine Months Ended September 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized gain on securities available-for-sale |  | $ | 6,850 |  |  | $ | 2,740 |  |  | $ | 4,110 |
Less: Reclassification adjustment for net gains included in net income |  |  | (1,123 | ) |  |  | (449 | ) |  |  | (674 | )
Total unrealized gain |  |  | 5,727 |  |  |  | 2,291 |  |  |  | 3,436 |
Net unrealized loss on derivatives |  |  | (9,132 | ) |  |  | (3,654 | ) |  |  | (5,478 | )
Less: Reclassification adjustment for losses included in net income |  |  | 1,519 |  |  |  | 608 |  |  |  | 911 |
Total unrealized loss |  |  | (7,613 | ) |  |  | (3,046 | ) |  |  | (4,567 | )
Other Comprehensive Loss |  | $ | (1,886 | ) |  | $ | (755 | ) |  | $ | (1,131 | )
Nine Months Ended September 30, 2015 |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized gain on securities available-for-sale |  | $ | 3,325 |  |  | $ | 1,330 |  |  | $ | 1,995 |
Less: Reclassification adjustment for net gains included in net income |  |  | (2,224 | ) |  |  | (890 | ) |  |  | (1,334 | )
Total unrealized gain |  |  | 1,101 |  |  |  | 440 |  |  |  | 661 |
Net unrealized loss on derivatives |  |  | (3,445 | ) |  |  | (1,378 | ) |  |  | (2,067 | )
Less: Reclassification adjustment for losses included in net income |  |  | - |  |  |  | - |  |  |  | - |
Total unrealized loss |  |  | (3,445 | ) |  |  | (1,378 | ) |  |  | (2,067 | )
Other Comprehensive Income |  | $ | (2,344 | ) |  | $ | (938 | ) |  | $ | (1,406 | )
The following table presents the changes in each component of accumulated other comprehensive (loss) income, net of tax, for the three and nine months ended September 30, 2016 and 2015.
(dollars in thousands) |  | Securities Available For Sale |  |  | Derivatives |  |  | Accumulated Other Comprehensive (Loss) Income |
Three Months Ended September 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |
Balance at Beginning of Period |  | $ | 5,383 |  |  | $ | (6,707 | ) |  | $ | (1,324 | )
Other comprehensive (loss) income before reclassifications |  |  | (907 | ) |  |  | 1,756 |  |  |  | 849 |
Amounts reclassified from accumulated other comprehensive income |  |  | (1 | ) |  |  | 466 |  |  |  | 465 |
Net other comprehensive (loss) income during period |  |  | (906 | ) |  |  | 1,290 |  |  |  | 384 |
Balance at End of Period |  | $ | 4,477 |  |  | $ | (5,417 | ) |  | $ | (940 | )
Three Months Ended September 30, 2015 |  |  |  |  |  |  |  |  |  |  |  |
Balance at Beginning of Period |  | $ | 3,146 |  |  | $ | - |  |  | $ | 3,146 |
Other comprehensive income (loss) before reclassifications |  |  | 2,107 |  |  |  | (3,976 | ) |  |  | (1,869 | )
Amounts reclassified from accumulated other comprehensive income |  |  | (36 | ) |  |  | - |  |  |  | (36 | )
Net other comprehensive income (loss) during period |  |  | 2,071 |  |  |  | (3,976 | ) |  |  | (1,905 | )
Balance at End of Period |  | $ | 5,217 |  |  | $ | (3,976 | ) |  | $ | 1,241 |
Nine Months Ended September 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |
Balance at Beginning of Period |  | $ | 1,041 |  |  | $ | (850 | ) |  | $ | 191 |
Other comprehensive income (loss) before reclassifications |  |  | 4,110 |  |  |  | (5,478 | ) |  |  | (1,368 | )
Amounts reclassified from accumulated other comprehensive income |  |  | (674 | ) |  |  | 911 |  |  |  | 237 |
Net other comprehensive income (loss) during period |  |  | 3,436 |  |  |  | (4,567 | ) |  |  | (1,131 | )
Balance at End of Period |  | $ | 4,477 |  |  | $ | (5,417 | ) |  | $ | (940 | )
Nine Months Ended September 30, 2015 |  |  |  |  |  |  |  |  |  |  |  |
Balance at Beginning of Period |  | $ | 2,647 |  |  | $ | - |  |  | $ | 2,647 |
Other comprehensive income (loss) before reclassifications |  |  | 1,995 |  |  |  | (2,067 | ) |  |  | (72 | )
Amounts reclassified from accumulated other comprehensive income |  |  | (1,334 | ) |  |  | - |  |  |  | (1,334 | )
Net other comprehensive income (loss) during period |  |  | 661 |  |  |  | (2,067 | ) |  |  | (1,406 | )
Balance at End of Period |  | $ | 3,308 |  |  | $ | (2,067 | ) |  | $ | 1,241 |
The following table presents the amounts reclassified out of each component of accumulated other comprehensive (loss) income for the three and nine months ended September 30, 2016 and 2015.
Details about Accumulated Other |  | Amount Reclassified from |  | Affected Line Item in
Comprehensive Income Components |  | Accumulated Other |  | the Statement Where
(dollars in thousands) |  | Comprehensive (Loss) Income |  | Net Income is Presented
|  | Three Months Ended September 30, |  |
|  | 2016 |  |  | 2015 |  |
Realized gain on sale of investment securities |  | $ | 1 |  |  | $ | 60 |  | Gain on sale of investment securities
Interest expense derivative deposits |  |  | (471 | ) |  |  | - |  | Interest expense on deposits
Interest expense derivative borrowings |  |  | (306 | ) |  |  | - |  | Interest expense on short-term borrowings
|  |  | 310 |  |  |  | (24 | ) | Tax expense
Total Reclassifications for the Period |  | $ | (466 | ) |  | $ | 36 |  | Net Income
Details about Accumulated Other |  | Amount Reclassified from |  | Affected Line Item in
Comprehensive Income Components |  | Accumulated Other |  | the Statement Where
(dollars in thousands) |  | Comprehensive (Loss) Income |  | Net Income is Presented
|  | Nine Months Ended September 30, |  |
|  | 2016 |  |  | 2015 |  |
Realized gain on sale of investment securities |  | $ | 1,123 |  |  | $ | 2,224 |  | Gain on sale of investment securities
Interest expense derivative deposits |  |  | (953 | ) |  |  | - |  | Interest expense on deposits
Interest expense derivative borrowings |  |  | (566 | ) |  |  | - |  | Interest expense on short-term borrowings
|  |  | 158 |  |  |  | (890 | ) | Tax expense
Total Reclassifications for the Period |  | $ | (238 | ) |  | $ | 1,334 |  | Net Income

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e640-108580 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e716-108580 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e709-108580 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e637-108580 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e681-108580 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Reclassification Adjustments -URI http://asc.fasb.org/extlink&oid=6522872 + Details
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