Note 6 - Interest Rate Swap Derivatives (Tables)

3 Months Ended

Mar. 31, 2017

Notes Tables

Schedule of Derivative Instruments [Table Text Block]

	Swap			Notional				Balance Sheet
March 31, 2017	Number			Amount		Fair Value		Category	Receive Rate	Pay Rate			Maturity
(dollars in thousands)
Interest rate swap		(1	)	$	75,000	$	100	Other Assets	1 month USD-LIBOR-BBA w/ -1 day lookback +10 basis points		1.71	%	March 31, 2020
Interest rate swap		(2	)		100,000		35	Other Assets	Federal Funds Effective Rate +10 basis points		1.74	%	April 15, 2021
Interest rate swap		(3	)		75,000		328	Other Assets	1 month USD-LIBOR-BBA w/ -1 day lookback +10 basis points		1.92	%	March 31, 2022
	Total			$	250,000	$	463

	Swap			Notional					Balance Sheet
December 31, 2016	Number			Amount		Fair Value			Category	Receive Rate	Pay Rate			Maturity
(dollars in thousands)
Interest rate swap		(1	)	$	75,000	$	(197	)	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		(514	)	Other Liabilities	Federal Funds Effective Rate +10 basis points		1.74	%	April 15, 2021
Interest rate swap		(3	)		75,000		19		Other Liabilities	1 month USD-LIBOR-BBA w/ -1 day lookback +10 basis points		1.92	%	March 31, 2022
	Total			$	250,000	$	(692	)

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

				Three Months Ended March 31, 2017
				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	)	$	100	Interest Expense	$	(154	)	Other Expense	$	-
Interest rate swap		(2	)		35	Interest Expense		(231	)	Other Expense		-
Interest rate swap		(3	)		328	Interest Expense		(193	)	Other Expense		(1	)
	Total			$	463		$	(578	)		$	(1	)

				Year Ended December 31, 2016
				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	)	$	(197	)	Interest Expense	$	(628	)	Other Expense	$	-
Interest rate swap		(2	)		(514	)	Interest Expense		(880	)	Other Expense		-
Interest rate swap		(3	)		19		Interest Expense		(747	)	Other Expense		1
	Total			$	(692	)		$	(2,255	)		$	1

Offsetting Liabilities [Table Text Block]

Three Months Ended March 31, 2017
Offsetting of Derivative Assets (dollars in thousands)
							Gross Amounts Not Offset in the Balance Sheet
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Balance Sheet		Net Amounts of Assets presented in the Balance Sheet		Financial Instruments		Cash Collateral Posted		Net Amount
Counterparty 1	$	363	$	-	$	363	$	-	$	-	$	363
Counterparty 2		100		-		100		-		-		100
	$	463	$	-	$	463	$	-	$	-	$	463

Year Ended December 31, 2016
Offsetting of Derivative Liabilities (dollars in thousands)
								Gross Amounts Not Offset in the Balance Sheet
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Balance Sheet			Net Amounts of Liabilities presented in the Balance Sheet		Financial Instruments		Cash Collateral Posted			Net Amount
Counterparty 1	$	514	$	(19	)	$	495	$	-	$	(380	)	$	115
Counterparty 2		197		-			197		-		(170	)		27
	$	711	$	(19	)	$	692	$	-	$	(550	)	$	142