Note 12 - Derivative Financial Instruments (Tables)
|
9 Months Ended |
Sep. 30, 2022 |
|---|
| Notes Tables |
|
| Derivatives Not Designated as Hedging Instruments [Table Text Block] |
| September 30, 2022 |
|
|
|
|
|
| |
|
Notational or contractual amount |
|
Asset derivatives |
|
|
Liability derivatives |
|
| (Dollars in thousands) |
|
|
Statement of Financial Condition classification |
|
Fair value |
|
|
Statement of Financial Condition classification |
|
|
Fair value |
|
| Interest rate swap contracts |
|
$ |
90,181 |
|
Other assets |
|
$ |
9,819 |
|
|
Other liabilties |
|
|
$ |
9,819 |
|
| Interest rate lock commitments |
|
|
2,097 |
|
Other assets |
|
|
31 |
|
|
|
N/A |
|
|
|
- |
|
| Total |
|
$ |
92,278 |
|
|
|
$ |
9,850 |
|
|
|
|
|
|
$ |
9,819 |
|
| December 31, 2021 |
|
|
|
|
|
| |
|
Notational or contractual amount |
|
Asset derivatives |
|
|
Liability derivatives |
|
| (Dollars in thousands) |
|
|
Statement of Financial Condition classification |
|
Fair value |
|
|
Statement of Financial Condition classification |
|
|
Fair value |
|
| Interest rate swap contracts |
|
$ |
94,154 |
|
Other assets |
|
$ |
2,686 |
|
|
Other liabilties |
|
|
$ |
2,686 |
|
| Interest rate lock commitments |
|
|
7,837 |
|
Other assets |
|
|
141 |
|
|
|
N/A |
|
|
|
- |
|
| Total |
|
$ |
101,991 |
|
|
|
$ |
2,827 |
|
|
|
|
|
|
$ |
2,686 |
|
| |
|
|
Nine Months Ended |
|
| |
|
|
September 30, |
|
| (Dollars in thousands) |
Statement of Income Classification |
|
2022 |
|
|
2021 |
|
| Interest rate swap contracts |
Fees and service charges |
|
$ |
3 |
|
|
$ |
379 |
|
| Interest rate lock commitments |
Gain on sale of loans held-for-sale, net |
|
|
(110 |
) |
|
|
(152 |
) |
| Total |
|
$ |
(107 |
) |
|
$ |
227 |
|
| |
|
|
Three Months Ended |
|
| |
|
|
September 30, |
|
| (Dollars in thousands) |
Statement of Income Classification |
|
2022 |
|
|
2021 |
|
| Interest rate swap contracts |
Fees and service charges |
|
$ |
3 |
|
|
$ |
161 |
|
| Interest rate lock commitments |
Gain on sale of loans held-for-sale, net |
|
|
(42 |
) |
|
|
(24 |
) |
| Total |
|
$ |
(39 |
) |
|
$ |
137 |
|
|
| Offsetting Assets [Table Text Block] |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Amounts not Offset in the |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Statement of Financial Condition |
|
|
|
|
|
| |
|
Gross Amounts of |
|
|
Gross Amounts Offset in the |
|
|
Net Amounts of Assets Presented |
|
|
|
|
|
|
Cash Collateral Received |
|
|
|
|
|
| (Dollars in thousands) |
|
Recognized Assets |
|
|
Statement of Financial Condition |
|
|
in the Statement of Financial Condition |
|
|
Financial Instruments |
|
|
|
|
Net Amount |
|
| September 30, 2022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate swap contracts |
|
$ |
9,819 |
|
|
$ |
- |
|
|
$ |
9,819 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
9,819 |
|
| Interest rate lock commitments |
|
|
31 |
|
|
|
- |
|
|
|
31 |
|
|
|
- |
|
|
|
- |
|
|
|
31 |
|
| Total |
|
$ |
9,850 |
|
|
$ |
- |
|
|
$ |
9,850 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
9,850 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Amounts not Offset in the |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Statement of Financial Condition |
|
|
|
|
|
| |
|
Gross Amounts of |
|
|
Gross Amounts Offset in the |
|
|
Net Amounts of Liabilities Presented |
|
|
|
|
|
|
Cash Collateral Received |
|
|
|
|
|
| (Dollars in thousands) |
|
Recognized Liabilities |
|
|
Statement of Financial Condition |
|
|
in the Statement of Financial Condition |
|
|
Financial Instruments |
|
|
|
|
Net Amount |
|
| December 31, 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate swap contracts |
|
$ |
2,686 |
|
|
$ |
- |
|
|
$ |
2,686 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
2,686 |
|
| Interest rate lock commitments |
|
|
141 |
|
|
|
- |
|
|
|
141 |
|
|
|
- |
|
|
|
- |
|
|
|
141 |
|
| Total |
|
$ |
2,827 |
|
|
$ |
- |
|
|
$ |
2,827 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
2,827 |
|
|
| Offsetting Liabilities [Table Text Block] |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Amounts not Offset in the |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Statement of Financial Condition |
|
|
|
|
|
| |
|
Gross Amounts of |
|
|
Gross Amounts Offset in the |
|
|
Net Amounts of Liabilities Presented |
|
|
|
|
|
|
Cash Collateral Pledged |
|
|
|
|
|
| (Dollars in thousands) |
|
Recognized Liabilities |
|
|
Statement of Financial Condition |
|
|
in the Statement of Financial Condition |
|
|
Financial Instruments |
|
|
|
|
Net Amount |
|
| September 30, 2022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate swap contracts |
|
$ |
9,819 |
|
|
$ |
- |
|
|
$ |
9,819 |
|
|
$ |
- |
|
|
$ |
3,930 |
|
|
$ |
5,889 |
|
| Total |
|
$ |
9,819 |
|
|
$ |
- |
|
|
$ |
9,819 |
|
|
$ |
- |
|
|
$ |
3,930 |
|
|
$ |
5,889 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Amounts not Offset in the |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Statement of Financial Condition |
|
|
|
|
|
| |
|
Gross Amounts of |
|
|
Gross Amounts Offset in the |
|
|
Net Amounts of Liabilities Presented |
|
|
|
|
|
|
Cash Collateral Pledged |
|
|
|
|
|
| (Dollars in thousands) |
|
Recognized Liabilities |
|
|
Statement of Financial Condition |
|
|
in the Statement of Financial Condition |
|
|
Financial Instruments |
|
|
|
|
Net Amount |
|
| December 31, 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate swap contracts |
|
$ |
2,686 |
|
|
$ |
- |
|
|
$ |
2,686 |
|
|
$ |
- |
|
|
$ |
3,930 |
|
|
$ |
(1,244 |
) |
| Total |
|
$ |
2,686 |
|
|
$ |
- |
|
|
$ |
2,686 |
|
|
$ |
- |
|
|
$ |
3,930 |
|
|
$ |
(1,244 |
) |
|