Derivatives (Tables)

3 Months Ended

Mar. 31, 2018

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):

	March 31,			December 31,
	2018			2017
Notional amount	$	100,000		$	100,000
Weighted average pay rates		1.79	%		1.66	%
Weighted average receive rates		1.82	%		1.23	%
Weighted average maturity		2.2 years			2.4 years
Fair value	$	1,714		$	798

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

The following table presents the net gains recorded in accumulated other comprehensive income and the Consolidated Statements of Income relating to the cash flow derivative instruments for the three months ended March 31, 2018 and March 31, 2017:

	2018
	Amount of gain		Amount of gain		Amount of gain (loss)
	(loss) recognized		(loss) reclassified		recognized in other
	in OCI (Effective		from OCI to		Noninterest income
(dollars in thousands)	Portion)		interest income		(Ineffective Portion)
Interest rate contracts	$	916	$	-	$	-
	2017
	Amount of gain		Amount of gain		Amount of gain (loss)
	(loss) recognized		(loss) reclassified		recognized in other
	in OCI (Effective		from OCI to		Noninterest income
(dollars in thousands)	Portion)		interest income		(Ineffective Portion)
Interest rate contracts	$	160	$	-	$	-

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 Statements of Condition as of March 31, 2018 and December 31, 2017:

	2018				2017
(dollars in thousands)	Notional Amount		Fair Value		Notional Amount		Fair Value
Included in other assets/(liabilities):
Interest rate swaps related to FHLB Advances	$	100,000	$	1,714	$	100,000	$	798