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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Notional Amounts and Fair Values of Derivatives Not Designated as Hedging Instruments
The following table presents the notional amounts and fair values of derivatives not designated as hedging instruments recorded on the consolidated balance sheets at December 31, 2014 and 2013:
 
 
 
Derivative Assets
 
Derivative Liabilities
(Dollars in thousands)
Notional
Amount
 
Balance Sheet
Classification
 
Fair
Value
 
Balance Sheet
Classification
 
Fair
Value
At December 31, 2014
 
 
 
 
 
 
 
 
 
Interest rate locks with customers
$
27,007

 
Other assets
 
$
788

 
 
 
$

Forward loan sale commitments
30,537

 
 
 

 
Other liabilities
 
112

Total
$
57,544

 
 
 
$
788

 
 
 
$
112

At December 31, 2013
 
 
 
 
 
 
 
 
 
Interest rate locks with customers
$
15,176

 
Other assets
 
$
321

 
 
 
$

Forward loan sale commitments
17,425

 
Other assets
 
25

 
 
 

Total
$
32,601

 
 
 
$
346

 
 
 
$

Notional Amounts and Fair Values of Derivatives Designated as Hedging Instruments
The following table presents the notional amounts and fair values of derivatives designated as hedging instruments recorded on the consolidated balance sheets at December 31, 2014 and 2013:
 
 
 
Derivative Assets
 
Derivative Liabilities
(Dollars in thousands)
Notional
Amount
 
Balance Sheet
Classification
 
Fair
Value
 
Balance Sheet
Classification
 
Fair
Value
At December 31, 2014
 
 
 
 
 
 
 
 
 
Interest rate swap - cash flow hedge
$
19,945

 
 
 
$

 
Other liabilities
 
$
241

Total
$
19,945

 
 
 
$

 
 
 
$
241

At December 31, 2013
 
 
 
 
 
 
 
 
 
Interest rate swap - cash flow hedge
$

 
 
 
$

 
 
 
$

Total
$

 
 
 
$

 
 
 
$

Income for Derivatives Not Designated as Hedging Instruments
The following table presents amounts included in the consolidated statements of income for derivatives not designated as hedging instruments for the periods indicated:
 
Statement of Income Classification
 
For the Years Ended December 31,
(Dollars in thousands)
2014
 
2013
 
2012
Interest rate locks with customers
Net gain (loss) on mortgage banking activities
 
$
467

 
$
(1,226
)
 
$
467

Forward loan sale commitments
Net (loss) gain on mortgage banking activities
 
(137
)
 
79

 
248

Total
 
 
$
330

 
$
(1,147
)
 
$
715

Income for Derivatives Designated as Hedging Instruments
The following table presents amounts included in the consolidated statements of income for derivatives designated as hedging instruments for the periods indicated:
 
Statement of Income Classification
 
For the Years Ended December 31,
(Dollars in thousands)
2014
 
2013
 
2012
Interest rate swap—cash flow hedge—loss on termination
Net loss on termination of interest rate swap
 
$

 
$
(1,866
)
 
$

Interest rate swap—cash flow hedge—interest payments
Interest expense
 
66

 
124

 
448

Interest rate swap—cash flow hedge—ineffectiveness
Interest expense
 

 

 

Net loss
 
 
$
(66
)
 
$
(1,990
)
 
$
(448
)
Amounts Included in Accumulated Other Comprehensive (Loss) Income for Derivatives Designated as Hedging Instruments
The following table presents amounts included in accumulated other comprehensive (loss) income for derivatives designated as hedging instruments for the periods indicated:
 
Accumulated Other
Comprehensive (Loss) Income
 
For the Years Ended December 31,
(Dollars in thousands)
2014
 
2013
 
2012
Interest rate swap—cash flow hedge
Fair value, net of taxes
 
$
(157
)
 
$

 
$
(1,241
)
Total
 
 
$
(157
)
 
$

 
$
(1,241
)