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Note 4 - Derivatives (Tables)
3 Months Ended
Mar. 31, 2021
Notes Tables  
Summary of Fair Value Hedge Relationships [Table Text Block]
March 31, 2021                                    
 

Balance Sheet Location

 

Weighted Average Remaining Maturity (In Years)

   

Weighted Average Pay Rate

 

Receive Rate

 

Notional Amount

   

Estimated Fair Value

 

Interest rate swap agreements - loans

Other assets

    9.17       0.65 %

1 month LIBOR

  $ 28,114       1,461  
                                     
December 31, 2020                                    
 

Balance Sheet Location

 

Weighted Average Remaining Maturity (In Years)

   

Weighted Average Pay Rate

 

Receive Rate

 

Notional Amount

   

Estimated Fair Value

 

Interest rate swap agreements - loans

Other liabilities

    9.42       0.65 %

1 month LIBOR

  $ 29,575       (51 )

 

Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
   

Carrying Amount of the Hedged Assets

    Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets  

Line item on the balance sheet

 

March 31, 2021

   

December 31, 2020

   

March 31, 2021

   

December 31, 2020

 

Loans

  $ 28,114       29,575       (1,620 )     (158 )
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
   

In Thousands

 
   

March 31, 2021

   

December 31, 2020

 
   

Notional Amount

   

Fair Value

   

Notional Amount

   

Fair Value

 

Included in other assets (liabilities):

                               

Interest rate contracts for customers

  $ 25,707       720       20,981       714  

Forward contracts related to mortgage loans held-for-sale

    31,000       504       21,250       (157 )
Interest Rate Swap [Member]  
Notes Tables  
Derivative Instruments, Gain (Loss) [Table Text Block]
   

Three Months Ended March 31,

 

Gain (loss) on fair value hedging relationship

 

2021

   

2020

 

Interest rate swap agreements - loans:

               

Hedged items

  $ (1,462 )      

Derivative designated as hedging instruments

    1,512        
Mortgage Banking Derivatives [Member]  
Notes Tables  
Derivative Instruments, Gain (Loss) [Table Text Block]
   

In Thousands

 
   

March 31, 2021

   

March 31, 2020

 

Forward contracts related to mortgage loans held for sale and interest rate contracts

  $ 661       (362 )

Interest rate contracts for customers

    6       175