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Financial Derivatives (Tables)
12 Months Ended
Dec. 31, 2012
Financial Derivatives [Abstract]  
Schedule of Derivative Instruments [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

Amount Expected to

 

 

 

 

 

 

 

 

 

 

be Expensed into

Notional

 

Maturity

 

Interest Rate

 

 

Earnings within the

Amount

 

Date

 

Fixed

 

Variable

 

 

next 12 Months

 

 

 

 

 

 

 

 

 

 

 

$

10,000 

 

5/30/2013

 

3.60% 

 

0.09% 

 

$

205 

$

10,000 

 

5/30/2015

 

3.87% 

 

0.09% 

 

$

378 

 

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value of Derivative Instruments

(Dollars in thousands)

 

 

 

Balance Sheet

 

 

 

Date

 

Type

 

Location

 

Fair Value

December 31, 2012

 

Interest rate contracts

 

Other liabilities

 

$

1,103 

December 31, 2011

 

Interest rate contracts

 

Other liabilities

 

$

1,738 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives in ASC Topic 815 Cash Flow Hedging Relationships

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Amount of Gain

 

 

 

 

 

 

 

 

 

 

 

Location of

 

or (Loss)

 

 

 

 

 

 

 

 

 

 

 

Gain or (Loss)

 

Recognized in

 

 

 

 

 

 

 

 

 

 

 

Recognized in

 

Income on

 

 

 

 

 

 

Location of

 

Amount of Gain

 

Income on

 

Derivatives

 

 

 

Amount of Gain

 

Gain or (Loss)

 

or (Loss)

 

Derivative (Ineffective

 

(Ineffective Portion

 

 

 

or (Loss)

 

Reclassified from

 

Reclassified from

 

Portion and Amount

 

and Amount

 

 

 

Recognized in OCI

 

Accumulated OCI

 

Accumulated OCI

 

Excluded from

 

Excluded from

 

 

 

net of tax on Derivative

 

into Income

 

into Income

 

Effectiveness

 

Effectiveness

Date

 

Type

(Effective Portion)

 

(Effective Portion)

 

(Effective Portion)

 

Testing)

 

Testing)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

Interest rate contracts

$

420 

 

Interest Expense

 

$

(736)

 

Other income (expense)

 

$

 -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2011

 

Interest rate contracts

$

 

Interest Expense

 

$

(727)

 

Other income (expense)

 

$

 -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2010

 

Interest rate contracts

$

(322)

 

Interest Expense

 

$

(718)

 

Other income (expense)

 

$

 -