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Note 11 - Derivatives (Tables)
12 Months Ended
Dec. 31, 2021
Notes Tables  
Schedule of Derivative Instruments [Table Text Block]

(In thousands)

 

Notional

Amount

  

Maturity

(Years)

  

Fixed Rate

 

Variable
Rate

 

Fair Value

 

December 31, 2021

                 

Classified in Other Assets:

                 

Customer interest rate swap

 $4,843   7.3   5.25%

1 Mo. LIBOR + 1.96%

 $638 

Customer interest rate swap

  1,398   7.5   4.38%

1 Mo. LIBOR + 2.00%

  100 
                  

Classified in Other Liabilities:

                 

3rd party interest rate swap

 $4,843   7.3   5.25%

1 Mo. LIBOR + 1.96%

 $(638)

3rd party interest rate swap

  1,398   7.5   4.38%

1 Mo. LIBOR + 2.00%

  (100)
                  

December 31, 2020

                 

Classified in Other Assets:

                 

Customer interest rate swap

 $4,911   8.3   5.25%

1 Mo. LIBOR + 1.96%

 $997 

Customer interest rate swap

  1,431   8.5   4.38%

1 Mo. LIBOR + 2.00%

  190 
                  

Classified in Other Liabilities:

                 

3rd party interest rate swap

 $4,911   8.3   5.25%

1 Mo. LIBOR + 1.96%

 $(997)

3rd party interest rate swap

  1,431   8.5   4.38%

1 Mo. LIBOR + 2.00%

  (190)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
  

Year Ended

 

(In thousands)

 

December 31, 2021

 

Interest rate swap designated as cash flow hedge:

    

Unrealized gain recognized in accumulated other comprehensive income before reclassifications

 $149 

Amounts reclassified from accumulated other comprehensive income

  (149)

Other comprehensive income

 $-