Note 8 - Derivatives (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Derivative Instruments [Table Text Block]

(In thousands)	Notional Amount		Maturity (Years)		Fixed Rate			Variable Rate	Fair Value
March 31, 2020:
Classified in Other Assets:
Customer interest rate swap	$	4,919		9.1		5.25	%	1 Mo. LIBOR + 1.96%	$	1,082
Customer interest rate swap	$	1,444		9.3		4.38	%	1 Mo. LIBOR + 2.00%	$	213

Classified in Other Liabilities:
3rd party interest rate swap	$	4,919		9.1		5.25	%	1 Mo. LIBOR + 1.96%	$	(1,082	)
3rd party interest rate swap	$	1,444		9.3		4.38	%	1 Mo. LIBOR + 2.00%	$	(213	)

December 31, 2019:
Classified in Other Assets:
Customer interest rate swap	$	4,944		9.3		5.25	%	1 Mo. LIBOR + 1.96%	$	617
Customer interest rate swap		1,444		9.5		4.38	%	1 Mo. LIBOR + 2.00%		77

Classified in Other Liabilities:
3rd party interest rate swap	$	4,944		9.3		5.25	%	1 Mo. LIBOR + 1.96%	$	(617	)
3rd party interest rate swap		1,444		9.5		4.38	%	1 Mo. LIBOR + 2.00%		(77	)

- 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.

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+ Details