Derivatives (Tables)

3 Months Ended

Mar. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The following table presents the fair value of derivatives not designated as hedging instruments at March 31, 2016 and December 31, 2015:

(In Thousands)	Asset Derivatives
		March 31, 2016		December 31, 2015
	Balance Sheet Location	Fair Value		Fair Value
Interest rate contracts	Other assets		$306		$125
Interest rate lock commitments	Other assets	1,858		1,514
Total			$2,164		$1,639

(In Thousands)	Liability Derivatives
		March 31, 2016		December 31, 2015
	Balance Sheet Location	Fair Value		Fair Value
Interest rate contracts	Other liabilities		$673		$216

Derivative Instruments, Gain (Loss)

The following table presents the net gains of derivatives not designated as hedging instruments for the three month periods ending March 31, 2016 and 2015, respectively:

(In Thousands)	Income Statement Location	March 31, 2016				March 31, 2015
Interest rate contracts	Mortgage banking income			($692	)			($418	)
Interest rate lock commitments	Mortgage banking income		324				1,072
Total				($368	)			$654

Offsetting Assets

The following table summarizes the derivatives that have a right of offset as of March 31, 2016 and December 31, 2015, respectively:

March 31, 2016					Gross amounts not offset in the Statement of Financial Position
(In Thousands)	Gross amounts of recognized assets and liabilities	Gross amounts offset in the Statement of Financial Position		Net amounts of assets and liabilities presented in the Statement of Financial Position	Financial Instruments		Collateral Posted		Net Amount
Asset Derivatives
Interest rate contracts	$306		$—	$306		$—		$—		$306
Liability Derivatives
Interest rate contracts	$673		$—	$673		$—	$261			$412
December 31, 2015					Gross amounts not offset in the Statement of Financial Position
(In Thousands)	Gross amounts of recognized assets and liabilities	Gross amounts offset in the Statement of Financial Position		Net amounts of assets and liabilities presented in the Statement of Financial Position	Financial Instruments		Collateral Posted		Net Amount
Asset Derivatives
Interest rate contracts	$125		$—	$125		$—		$—		$125
Liability Derivatives
Interest rate contracts	$216		$—	$216		$—		$216		$—

Offsetting Liabilities

The following table summarizes the derivatives that have a right of offset as of March 31, 2016 and December 31, 2015, respectively:

March 31, 2016					Gross amounts not offset in the Statement of Financial Position
(In Thousands)	Gross amounts of recognized assets and liabilities	Gross amounts offset in the Statement of Financial Position		Net amounts of assets and liabilities presented in the Statement of Financial Position	Financial Instruments		Collateral Posted		Net Amount
Asset Derivatives
Interest rate contracts	$306		$—	$306		$—		$—		$306
Liability Derivatives
Interest rate contracts	$673		$—	$673		$—	$261			$412
December 31, 2015					Gross amounts not offset in the Statement of Financial Position
(In Thousands)	Gross amounts of recognized assets and liabilities	Gross amounts offset in the Statement of Financial Position		Net amounts of assets and liabilities presented in the Statement of Financial Position	Financial Instruments		Collateral Posted		Net Amount
Asset Derivatives
Interest rate contracts	$125		$—	$125		$—		$—		$125
Liability Derivatives
Interest rate contracts	$216		$—	$216		$—		$216		$—