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Derivative Instruments and Hedging Activities (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2013 and December 31, 2012 are as follows:

(In thousands)
 
June 30, 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
  
(295
)
Other Liabilities
9/15/2020
Interest rate swap-10 year fair value
  
2,183
   
(24
)
Other Liabilities
8/15/2021
Interest rate swap-10 year fair value
  
2,058
   
(24
)
Other Liabilities
8/15/2021
Interest rate swap-10 year fair value
  
1,038
   
54
 
Other Assets
9/26/2022


 
 
 
June 30, 2013
 
 
 
Derivatives in cash flowhedging 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
 
$
166
 
Not applicable
 
$
-
 


(In thousands)
June 30, 2013
 
Derivatives in fair value hedging relationships
Income Statement
Classification
 
Gain or
(Loss) on Swaps
 
Interest rate swaps
Interest income
 
$
37
 


 (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 swaps
 
$
(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
)