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Derivatives and Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments, Gain (Loss)
The fair market value of mortgage banking derivatives at December 31, 2015 was recorded in the consolidated balance sheet in Other Assets.

 
 
Gain (Loss) Recognized
 
 
For Twelve Months Ended
(dollars in thousands)
 
December 31, 2015
 
December 31, 2014
 
December 31, 2013
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
Mortgage loan rate lock commitments
 
$
(1
)
 
$
2

 
4

Mortgage loan forward sales
 
(1
)
 
17

 
(218
)
Total
 
$
(2
)
 
$
19

 
$
(214
)
The table below provides data about the amount of gains and losses related to derivative instruments designated as hedges included in the “Accumulated other comprehensive loss” section of “Shareholders’ Equity” on the COB’s Consolidated Balance Sheets.
 
 
Gain (Loss), Net of Tax Recognized in Accumulated Other Comprehensive Loss (Effective Portion)
 
 
As of
(dollars in thousands)
 
December 31, 2015
 
December 31, 2014
Derivatives designated as hedging instruments:
 
 
 
 
Interest rate swap contracts - FHLB advances
 
$
(466
)
 
$
(324
)