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Derivative Instruments and Hedging Activities (Tables)
 3 Months Ended
Mar. 31, 2013
Derivative Instruments and Hedging Activities [Abstract]  
Effects of Derivative Instruments on Consolidated Financial Statements
The effects of derivative instruments on the Consolidated Financial Statements for March 31, 2013 and December 31, 2012 are as follows:
 
(In thousands)
 
March 31, 2013
Derivatives designated as
hedging instruments
 
Notional/
Contract
Amount
   
Estimated Net
Fair Value
 
Fair Value
Balance Sheet
Location
Expiration
Date
Interest rate swap-10 year cash flow
 
$
4,000
   
$
(495
)
Other Liabilities
9/15/2020
Interest rate swap-10 year fair value
   
2,193
     
(123
)
Other Liabilities
8/15/2021
Interest rate swap-10 year fair value
   
2,068
     
(118
)
Other Liabilities
8/15/2021
Interest rate swap-10 year fair value
   
1,044
     
6
 
Other Assets
9/26/2022
 

     
March 31, 2013
  
 
 
Derivatives in cash flow
hedging relationships
 
 
Amount of Gain (Loss)
Recognized in OCI on
Derivatives, net of tax
(Effective Portion)
 
Location of Gain or
(Loss) Recognized in
Income on Derivative
(Ineffective Portion)
 
Amount of Gain (Loss)
Recognized in Income
on Derivative
(Ineffective Portion)
 
Interest rate swap
 
$
34
 
Not applicable
 
$
-
 
 

(In thousands)
March 31, 2013
 
Derivatives in fair value
hedging relationships
Income Statement
Classification
 
Gain or
(Loss) on Swaps
 
Interest rate swaps
Interest income
 
$
9
 


(In thousands)
 
December 31, 2012
Derivatives designated as
hedging instruments
 
Notional/
Contract
Amount
   
Estimated Net
Fair Value
 
Fair Value
Balance Sheet
Location
Expiration
Date
Interest rate swap-10 year cash flow
 
$
4,000
   
$
(547
)
Other Liabilities
9/15/2020
Interest rate swap-10 year fair value
   
2,204
     
(148
)
Other Liabilities
8/15/2021
Interest rate swap-10 year fair value
   
2,078
     
(141
)
Other Liabilities
8/15/2021
Interest rate swap-10 year fair value
   
1,050
     
(5
)
Other Liabilities
9/26/2022
 

   
December 31, 2012
 
 
 
Derivatives in cash flow
hedging relationships
 
 
Amount of Gain (Loss)
Recognized in OCI on
Derivatives, net of tax
(Effective Portion)
 
Location of Gain or
(Loss) Recognized in
Income on Derivative
(Ineffective Portion)
 
Amount of Gain (Loss)
Recognized in Income
on Derivative
(Ineffective Portion)
 
Interest rate swap
 
$
(157
)
Not applicable
 
$
-
 

 

(In thousands)
December 31, 2012
 
Derivatives in fair value
hedging relationships
Income Statement
Classification
 
Gain or
(Loss) on Swaps
 
Interest rate swaps
Interest income
 
$
(51
)