XML 115 R41.htm IDEA: XBRL DOCUMENT v2.4.1.9
Financial Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2014
Financial Derivative Instruments [Abstract]  
Schedule of the Banks financial derivative instruments
3-month Unamortized
Notional Expiration LIBOR Strike Premium Premium Fair Value
Amount Date

Rate

Paid 12/31/14 12/31/14
$ 25,000 06/02/21 3.00 % $ 922 $ 922 $ 631
$ 20,000 06/04/24 3.00 % $ 1,470 $ 1,470 $ 978
$ 20,000 10/21/21 3.00 % $ 632 $ 632 $ 543
$ 25,000 10/21/24 3.00 % $ 1,542 $ 1,542 $ 1,303
Summary of hedging related balances
December 31, 2014
Gross Net of Tax
Unrealized losses on interest rate caps $ (1,111 ) $ (722 )
Unamortized premium on interest rate caps 4,566 2,968
Total $ 3,455 $ 2,246