Note 6 - Derivative and Hedging Transactions (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

			Derivative Assets								Derivative Liabilities
			As of March 31, 2020			As of December 31, 2019					As of March 31, 2020			As of December 31, 2019
(in thousands)	Notional Amount		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Notional Amount		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Interest rate products	$	-	Other assets	$	-	Other assets	$	-	$	10,000	Other liabilities	$	14	Other liabilities	$	-
Total derivatives designated as hedging instruments					-			-					14			-
Netting adjustments (1)					-			-					-			-
Net derivatives in the balance sheet					-			-					14			-
Cash and other collateral (2)					-			-					-			-
Net derivative amounts				$	-		$	-				$	14		$	-
(1) Netting adjustments represents the amounts recorded to convert derivatives assets and liabilities from a gross basis to a net basis in accordance with the applicable accounting guidance.
(2) Other collateral represents the amount that cannot be used to offset our derivative assets and liabilities from a gross basis to a net basis in accordance with the applicable accounting guidance. The other collateral consist of securities and is exchanged under bilateral collateral and master netting agreements that allow us to offset the net derivative position with the related collateral. The application of the other collateral cannot reduce the net derivative position below zero. Therefore, excess other collateral, if any, is not reflected above.

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

Derivatives in Subtopic 815-20 Hedging Relationships	Amount of Gain or (Loss) Recognized in OCI on Derivative			Amount of Gain or (Loss) Recognized in OCI Included Component			Amount of Gain or (Loss) Recognized in OCI Excluded Component		Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income		Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component		Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Excluded Component
(in thousands)		March 31, 2020									March 31, 2020
Derivatives in Cash Flow Hedging Relationships
Interest rate products	$	(14	)	$	(14	)	$	-	Interest income	$	2	$	2	$	-
Total	$	(14	)	$	(14	)	$	-		$	2	$	2	$	-

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

	Location and Amount of Gain or (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships
	Three Months Ended March 31, 2020
(in thousands)		Interest Income		Interest Expense
Total amounts of income and expense line items presented in the cash flow statement of financial performance in which the effects of fair value or hedges are recorded	$	-	$	2
The effects of fair value and cash flow hedging:
Gain or (loss) on cash flow hedging relationships in Subtopic 815-20
Interest contracts:
Amount of gain or (loss) reclassified from accumulated other comprehensive income into income	$	-	$	2
Amount of gain or (loss) reclassified from accumulated other comprehensive income into income as a result that a forecasted transaction is no longer probable of occurring	$	-	$	-
Amount of gain or (loss) reclassified from accumulated OCI into income - included component	$	-	$	2
Amount of gain or (loss) reclassified from accumulated OCI into income - excluded component	$	-	$	-