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Note 10 - Interest Rate Swap Derivatives (Tables)
 12 Months Ended
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
 )