Derivatives (Tables)

12 Months Ended

Dec. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Derivatives [Table Text Block]

Summary information about the interest rate swap designated as a cash flow hedges as of year-end is as follows (dollars in thousands):

	December 31,		December 31,
	2015		2014
Notional amount	$	75,000	$	50,000
Weighted average pay rates		1.56%		1.58%
Weighted average receive rates		0.44%		0.24%
Weighted average maturity		3.8 years		4.4 years
Fair value	$	(131)	$	48

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following table presents the net gains (losses), recorded in accumulated other comprehensive income and the Consolidated Statements of Income relating to the cash flow derivative instruments for the year ended December 31:

	2015
	Amount of loss		Amount of loss		Amount of loss
	recognized		reclassified		recognized in other
	in OCI (Effective		from OCI to		Non-interest income
(in thousands)	Portion)		interest income		(Ineffective Portion)
Interest rate contracts	$	(179)	$	-	$	-
			2014
	Amount of loss		Amount of loss		Amount of loss
	recognized		reclassified		recognized in other
	in OCI (Effective		from OCI to		Non-interest income
(in thousands)	Portion)		interest income		(Ineffective Portion)
Interest rate contracts	$	48	$	-	$	-

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The following table reflects the cash flow hedges included in the Consolidated Balance Sheets as of December 31, 2015 and December 31, 2014:

	2015				2014
	Notional				Notional
(in thousands)	Amount		Fair Value		Amount		Fair Value
Included in other assets/(liabilities):
Interest rate swaps related to FHLB Advances	$	75,000	$	(131)	$	50,000	$	48