XML 35 R26.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Note 8 - Derivatives (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Notes Tables |
Schedule of Derivative Instruments [Table Text Block] |
(In thousands) |  | Notional Amount |  |  | Maturity (Years) |  |  | Fixed Rate |  |  | Variable Rate |  | Fair Value |
September 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Classified in Other Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
3rd party interest rate swap |  | $ | 4,763 |  |  |  | 6.6 |  |  |  | 5.25 | % |  | 1 Mo. LIBOR + 1.96% |  | $ | 124 |
3rd party interest rate swap |  |  | 1,372 |  |  |  | 6.8 |  |  |  | 4.38 | % |  | 1 Mo. LIBOR + 2.00% |  |  | 105 |
Classified in Other Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer interest rate swap |  | $ | 4,763 |  |  |  | 6.6 |  |  |  | 5.25 | % |  | 1 Mo. LIBOR + 1.96% |  | $ | (124 | )
Customer interest rate swap |  |  | 1,372 |  |  |  | 6.8 |  |  |  | 4.38 | % |  | 1 Mo. LIBOR + 2.00% |  |  | (105 | )
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 | )
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block] |
|  | Three Months Ended |  |  | Nine Months Ended |
(In thousands) |  | September 30, 2021 |  |  | September 30, 2021 |
Interest rate swap designated as cash flow hedge: |  |  |  |  |  |  |  |
Unrealized gain recognized in accumulated other comprehensive income before reclassifications |  | $ | (104 | ) |  | $ | 149 |
Amounts reclassified from accumulated other comprehensive income |  |  | (64 | ) |  |  | (149 | )
Income tax effect on items recognized in accumulated other comprehensive income |  |  | 44 |  |  |  | - |
Other comprehensive income |  | $ | (124 | ) |  | $ | - |

X
- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41641-113959 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5579240-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration