XML 40 R30.htm IDEA: XBRL DOCUMENT v3.4.0.3
DERIVATIVES (Tables)
3 Months Ended
Mar. 31, 2016
DERIVATIVES [Abstract]  
Schedule of Information about Derivatives
(Dollars in thousands)   March 31, 2016     December 31, 2015  
Notional amount   $ 180,000     $ 180,000  
Weighted average pay rate     1.64 %     1.64 %
Weighted average receive rate     0.51 %     0.29 %
Weighted average maturity     4.00   years      4.25   years 
Unrealized loss   $ (5,151 )   $ (1,331 )
                 
Number of contracts     9       9  
(Dollars in thousands)   March 31, 2016     December 31, 2015  
Notional amount   $ 34,696     $ 27,259  
Fair value   $ 2,185     $ 1,106  
Weighted average pay rates     3.25 %     3.06 %
Weighted average receive rates     1.84 %     1.44 %
Weighted average maturity     14.4   years      15.8   years
Schedule of Net Gains/(Losses)
                Amount of  
    Amount of     Amount of     Gain/(Loss)  
    Gain/(Loss)     Gain/(Loss)     Recognized in  
    Recognized     Reclassified     Other Non-Interest  
    In OCI     From OCI to     Expense  
(In thousands)   (Effective Portion)     Interest Expense     (Ineffective Portion)  
                         
Interest rate contracts   $ (2,260 )   $     $  
                Amount of  
    Amount of     Amount of     Gain/(Loss)  
    Gain/(Loss)     Gain/(Loss)     Recognized in  
    Recognized     Reclassified     Other Non-Interest  
    In OCI     From OCI to     Expense  
(In thousands)   (Effective Portion)     Interest Expense     (Ineffective Portion)  
                         
Interest rate contracts   $ (587 )   $     $  
Schedule of Notional Amount and Fair Value
    March 31, 2016  
    Notional     Fair  
(In thousands)   Amount     Value  
  Interest rate swaps related to interest-bearing                
     demand brokered deposits   $ 180,000     $ (5,151 )
Total included in other assets   $     $  
Total included in other liabilities   $ 180,000     $ (5,151 )

 

    December 31, 2015  
    Notional     Fair  
(In thousands)   Amount     Value  
  Interest rate swaps related to interest-bearing                
     demand brokered deposits   $ 180,000     $ (1,330 )
Total included in other assets   $ 15,000     $ 104  
Total included in other liabilities   $ 165,000     $ (1,434 )