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Note 10 - Interest Rate Swap Derivatives (Tables) | 12 Months Ended
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Dec. 31, 2016
Notes Tables |
Schedule of Derivative Instruments [Table Text Block] |
|  | Swap |  | Notional |  |  |  |  |  | Balance Sheet |  |  |  |  |  |  |  |
December 31, 2016 |  | Number |  | Amount |  |  | Fair Value |  | Category |  | Receive Rate |  | Pay Rate |  |  | Maturity
(dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap |  | (1) |  | $ | 75,000 |  |  | $ | (197 | ) | Other Liabilities |  | 1 month USD-LIBOR-BBA w/ -1 day lookback +10 basis points |  |  | 1.71 | % |  | March 31, 2020
Interest rate swap |  | (2) |  |  | 100,000 |  |  |  | (514 | ) | Other Liabilities |  | Federal Funds Effective Rate +10 basis points |  |  | 1.74 | % |  | April 15, 2021
Interest rate swap |  | (3) |  |  | 75,000 |  |  |  | 19 |  | Other Liabilities |  | 1 month USD-LIBOR-BBA w/ -1 day lookback +10 basis points |  |  | 1.92 | % |  | March 31, 2022
|  | Total |  | $ | 250,000 |  |  | $ | (692 | ) |  |  |  |  |  |  |  |  |
|  | Swap |  | Notional |  |  |  |  |  | Balance Sheet |  |  |  |  |  |  |  |
December 31, 2015 |  | Number |  | Amount |  |  | Fair Value |  | Category |  | Receive Rate |  | Pay Rate |  |  | Maturity
(dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap |  | (1) |  | $ | 75,000 |  |  | $ | (368 | ) | Other Liabilities |  | 1 month USD-LIBOR-BBA w/ -1 day lookback +10 basis points |  |  | 1.71 | % |  | March 31, 2020
Interest rate swap |  | (2) |  |  | 100,000 |  |  |  | (665 | ) | Other Liabilities |  | Federal Funds Effective Rate +10 basis points |  |  | 1.74 | % |  | April 15, 2021
Interest rate swap |  | (3) |  |  | 75,000 |  |  |  | (384 | ) | Other Liabilities |  | 1 month USD-LIBOR-BBA w/ -1 day lookback +10 basis points |  |  | 1.92 | % |  | March 31, 2022
|  | Total |  | $ | 250,000 |  |  | $ | (1,417 | ) |  |  |  |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Table Text Block] |
|  |  |  |  |  | Year Ended December 31, 2016 |
|  |  |  |  |  | Effective Portion |  | Ineffective Portion |
|  |  |  |  |  |  |  |  | Reclassified from AOCI |  | Recognized in Income |
|  |  |  |  |  | Amount of |  | into income |  | on Derivatives |
|  | Swap |  |  | Pre-tax gain (loss) |  |  |  | Amount of |  |  |  | Amount of |
|  | Number |  |  | Recognized in OCI |  | Category |  | Gain (Loss) |  | Category |  | Gain (Loss) |
(dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap |  |  | (1 | ) |  | $ | (197 | ) | Interest Expense |  | $ | (628 | ) | Other Expense |  | $ | - |
Interest rate swap |  |  | (2 | ) |  |  | (514 | ) | Interest Expense |  |  | (880 | ) | Other Expense |  |  | - |
Interest rate swap |  |  | (3 | ) |  |  | 19 |  | Interest Expense |  |  | (747 | ) | Other Expense |  |  | 1 |
|  | Total |  |  | $ | (692 | ) |  |  | $ | (2,255 | ) |  |  | $ | 1 |
|  |  |  |  |  | Year Ended December 31, 2015 |
|  |  |  |  |  | Effective Portion |  | Ineffective Portion |
|  |  |  |  |  |  |  |  | Reclassified from AOCI |  | Recognized in Income |
|  |  |  |  |  | Amount of |  | into income |  | on Derivatives |
|  | Swap |  |  | Pre-tax gain (loss) |  |  |  | Amount of |  |  |  | Amount of |
|  | Number |  |  | Recognized in OCI |  | Category |  | Gain (Loss) |  | Category |  | Gain (Loss) |
(dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap |  |  | (1 | ) |  | $ | (368 | ) |  |  | $ | - |  |  |  | $ | - |
Interest rate swap |  |  | (2 | ) |  |  | (665 | ) |  |  |  | - |  |  |  |  | - |
Interest rate swap |  |  | (3 | ) |  |  | (384 | ) |  |  |  | - |  |  |  |  | - |
|  | Total |  |  | $ | (1,417 | ) |  |  | $ | - |  |  |  | $ | - |
Offsetting Liabilities [Table Text Block] |
Year Ended December 31, 2016 |
Offsetting of Derivative Liabilities (dollars in thousands) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Gross Amounts Not Offset in the Balance Sheet |
|  | Gross Amounts of Recognized Liabilities |  |  | Gross Amounts Offset in the Balance Sheet |  |  | Net Amounts of Liabilities presented in the Balance Sheet |  |  | Financial Instruments |  |  | Cash Collateral Posted |  |  | Net Amount |
Counterparty 1 |  | $ | 514 |  |  | $ | (19 | ) |  | $ | 495 |  |  | $ | - |  |  | $ | (380 | ) |  | $ | 115 |
Counterparty 2 |  |  | 197 |  |  |  | - |  |  |  | 197 |  |  |  | - |  |  |  | (170 | ) |  |  | 27 |
|  | $ | 711 |  |  | $ | (19 | ) |  | $ | 692 |  |  | $ | - |  |  | $ | (550 | ) |  | $ | 142 |
Year Ended December 31, 2015 |
Offsetting of Derivative Liabilities (dollars in thousands) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Gross Amounts Not Offset in the Balance Sheet |
|  | Gross Amounts of Recognized Liabilities |  |  | Gross Amounts Offset in the Balance Sheet |  |  | Net Amounts of Liabilities presented in the Balance Sheet |  |  | Financial Instruments |  |  | Cash Collateral Posted |  |  | Net Amount |
Counterparty 1 |  | $ | 1,049 |  |  | $ | - |  |  | $ | 1,049 |  |  | $ | - |  |  | $ | (2,170 | ) |  | $ | (1,121 | )
Counterparty 2 |  |  | 368 |  |  |  | - |  |  |  | 368 |  |  |  | - |  |  |  | (740 | ) |  |  | (372 | )
|  | $ | 1,417 |  |  | $ | - |  |  | $ | 1,417 |  |  | $ | - |  |  | $ | (2,910 | ) |  | $ | (1,493 | )

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