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Note 6 - Interest Rate Swap Derivatives (Tables)
9 Months Ended
Sep. 30, 2015
Disclosure Text Block [Abstract]  
Schedule of Derivative Instruments [Table Text Block]
September 30,  

Swap

   

Notional

    Fair    

Balance Sheet

               

 2015

 

Number

   

Amount

   

Value

   

Category

 

Receive Rate

 

Pay Rate

   

Maturity

                                             

(dollars in thousands)

                                           

Interest rate swap

    (1 )   $ 75,000     $ (996 )  

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       (1,435 )  

Other Liabilities

 

Federal Funds Effective Rate +10 basis points

    1.74 %  

April 15, 2021

Interest rate swap

    (3 )     75,000       (1,014 )  

Other Liabilities

 

1 month USD-LIBOR-BBA w/ -1 day lookback +10 basis points

    1.92 %  

March 31, 2022

Derivative Instruments, Gain (Loss) [Table Text Block]
           

Nine Months Ended September 30, 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 )   $ (996 )       $ -             $ -  

Interest rate swap

    (2 )     (1,435 )         -               -  

Interest rate swap

    (3 )     (1,014 )         -               -