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Note 16 - Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Derivatives Not Designated as Hedging Instruments [Table Text Block]

 

December 31, 2022

     
 

Asset derivatives

  

Liability derivatives

 

(Dollars in thousands)

Statement of Financial Condition classification

 

Fair value

  

Statement of Financial Condition classification

  

Fair value

 

Interest rate swap contracts

Other assets

 $8,972  

Other liabilties

  $8,972 

Interest rate lock commitments

Other assets

  38   N/A   - 

Total

 $9,010      $8,972 

December 31, 2021

     
 

Asset derivatives

  

Liability derivatives

 

(Dollars in thousands)

Statement of Financial Condition classification

 

Fair value

  

Statement of Financial Condition classification

  

Fair value

 

Interest rate swap contracts

Other assets

 $2,686  

Other liabilties

  $2,686 

Interest rate lock commitments

Other assets

  141   N/A   - 

Total

 $2,827      $2,686 
   

Year-ended

 

(Dollars in thousands)

Statement of Income Classification

 

2022

  

2021

 

Interest rate swap contracts

Fees and service charges

 $267  $379 

Interest rate lock commitments

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

  (103)  (233)

Total

 $164  $146 
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, 2022

                  

Interest rate swap contracts

$8,972 $-$8,972$- $- $8,972 

Interest rate lock commitments

 38  - 38 -  -  38 

Total

$9,010 $-$9,010$- $- $9,010 
          

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, 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 
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, 2022

                  

Interest rate swap contracts

$8,972 $- $8,972 $- $3,930 $5,042 

Total

$8,972 $- $8,972 $- $3,930 $5,042 
          

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)