Derivative and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Consolidated Statements of Financial Condition as of December 31, 2014 (in thousands):

	As of December 31, 2014
	Asset Derivatives			Liability Derivatives
	Consolidated Statements of Financial Condition	Fair Value		Consolidated Statements of Financial Condition	Fair Value
Derivatives not designated as a hedging instruments:
Interest rate products	Other assets	$	2,040	Other liabilities	$	2,052
Credit contracts	Other assets	6			—
Total derivatives not designated as hedging instruments		$	2,046		$	2,052

Derivative Instruments, Gain (Loss)

The tables below present the effect of the Company’s derivative financial instruments on the Consolidated Statements of Income for the year ended December 31, 2014 (in thousands).

		Gain (loss) recognized in Income on derivatives
	Consolidated Statements of Income	Year ended December 31, 2014
Derivatives not designated as a hedging instruments:
Interest rate products	Other income	$	(3	)
Credit contracts	Other income	6
Total		$	3