Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Derivative Financial Instruments and Their Classification on Balance Sheet

The table below presents the fair value of the Corporation’s derivative financial instruments, as well as their classification on the Balance Sheet, as of June 30, 2013, and December 31, 2012.

Asset Derivatives

Liability Derivatives

June 30, 2013

December 31, 2012

June 30, 2013

December 31, 2012

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Derivatives designated as hedging instruments:

Interest rate contracts

Other Assets

$

440

Other Assets

$

197

Other Liabilities

$

1,409

Other Liabilities

$

3,332

Derivatives not designated as hedging instruments:

Interest rate contracts

Other Assets

$

3,186

Other Assets

$

6,103

Other Liabilities

$

3,252

Other Liabilities

$

6,434

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The tables below present the effect of the Corporation’s derivative financial instruments on the Income Statement for three and six months ended June 30, 2013, and 2012.

Derivatives Not Designated as Hedging Instruments under FASB ASC 815-10	Location of Gain (Loss) Recognized Income on Derivative	Amount of Gain (Loss) Recognized Income on Derivative		Amount of Gain (Loss) Recognized Income on Derivative
		Three Months Ended June 30, 2013		Six Months Ended June 30, 2013
Interest rate contracts	Other income	$	200	$	266

Derivatives Not Designated as Hedging Instruments under FASB ASC 815-10	Location of Gain (Loss) Recognized Income on Derivative	Amount of Gain (Loss) Recognized Income on Derivative			Amount of Gain (Loss) Recognized Income on Derivative
		Three Months Ended June 30, 2012			Six Months Ended June 30, 2012
Interest rate contracts	Other income	$	(58	)	$	(55	)

The amount of gain (loss) recognized in other comprehensive income is included in the table below for the periods indicated.

Derivatives in Cash Flow Hedging Relationships	Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion)
	Three Months ended					Six Months ended
	June 30, 2013		June 30, 2012			June 30, 2013		June 30, 2012
Interest Rate Products	$	1,501	$	(1,621	)	$	1,798	$	(1,153	)