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Note 17 - Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2021
Notes Tables  
Derivatives Not Designated as Hedging Instruments [Table Text Block]

December 31, 2021

     
  

Notational or contractual

 

Asset derivatives

  

Liability derivatives

 

(Dollars in thousands)

 

amount

 

Statement of Financial Condition classification

 

Fair value

  

Statement of Financial Condition classification

  

Fair value

 

Interest rate swap contracts

 $94,154 

Other assets

 $2,686  

Other liabilties

  $2,686 

Interest rate lock commitments

  7,837 

Other assets

  141   N/A   - 

Total

 $101,991   $2,827      $2,686 

December 31, 2020

     
  

Notational or contractual

 

Asset derivatives

  

Liability derivatives

 

(Dollars in thousands)

 

amount

 

Statement of Financial Condition classification

 

Fair value

  

Statement of Financial Condition classification

  

Fair value

 

Interest rate swap contracts

 $72,707 

Other assets

 $3,638  

Other liabilties

  $3,638 

Interest rate lock commitments

  26,443 

Other assets

  374  N/A   - 

Total

 $99,150   $4,012     $3,638 
   

Year-ended

 

(Dollars in thousands)

Statement of Income Classification

 

2021

  

2020

 

Interest rate swap contracts

Fees and service charges

 $379  $800 

Interest rate lock commitments

Gain on sale of loans held-for-sale, net

  (233)  187 

Total

 $146  $987 
Offsetting Assets [Table Text Block]
              

Gross Amounts not Offset in the

     
              

Statement of Financial Condition

     
  

Gross Amounts of

  

Gross Amounts Offset in the

  

Net Amounts of Assets Presented

      

Cash Collateral

     

(Dollars in thousands)

 

Recognized Assets

  

Statement of Financial Condition

  

in the Statement of Financial Condition

  

Financial Instruments

  

Received

  

Net Amount

 

December 31, 2021

                        

Interest rate swap contracts

 $2,686  $-  $2,686  $-  $-  $2,686 

Interest rate lock commitments

  141   -   141   -   -   141 

Total

 $2,827  $-  $2,827  $-  $-  $2,827 
              

Gross Amounts not Offset in the

     
              

Statement of Financial Condition

     
  

Gross Amounts of

  

Gross Amounts Offset in the

  

Net Amounts of Liabilities Presented

      

Cash Collateral

     

(Dollars in thousands)

 

Recognized Liabilities

  

Statement of Financial Condition

  

in the Statement of Financial Condition

  

Financial Instruments

  

Received

  

Net Amount

 

December 31, 2020

                        

Interest rate swap contracts

 $3,638  $-  $3,638  $-  $-  $3,638 

Interest rate lock commitments

  374   -   374   -   -   374 

Total

 $4,012  $-  $4,012  $-  $-  $4,012 
Offsetting Liabilities [Table Text Block]
              

Gross Amounts not Offset in the

     
              

Statement of Financial Condition

     
  

Gross Amounts of

  

Gross Amounts Offset in the

  

Net Amounts of Liabilities Presented

      

Cash Collateral

     

(Dollars in thousands)

 

Recognized Liabilities

  

Statement of Financial Condition

  

in the Statement of Financial Condition

  

Financial Instruments

  

Pledged

  

Net Amount

 

December 31, 2021

                        

Interest rate swap contracts

 $2,686  $-  $2,686  $-  $3,930  $(1,244)

Total

 $2,686  $-  $2,686  $-  $3,930  $(1,244)
              

Gross Amounts not Offset in the

     
              

Statement of Financial Condition

     
  

Gross Amounts of

  

Gross Amounts Offset in the

  

Net Amounts of Liabilities Presented

      

Cash Collateral

     

(Dollars in thousands)

 

Recognized Liabilities

  

Statement of Financial Condition

  

in the Statement of Financial Condition

  

Financial Instruments

  

Pledged

  

Net Amount

 

December 31, 2020

                        

Interest rate swap contracts

 $3,638  $-  $3,638  $-  $3,930  $(292)

Total

 $3,638  $-  $3,638  $-  $3,930  $(292)