Derivatives (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2016 and December 31, 2015:

(In Thousands)	Asset Derivatives
		September 30, 2016		December 31, 2015
	Balance Sheet Location	Fair Value		Fair Value
Commercial interest rate swaps	Other assets		$296		$125
Interest rate lock commitments	Other assets	1,764		1,514
Total			$2,060		$1,639

(In Thousands)	Liability Derivatives
		September 30, 2016		December 31, 2015
	Balance Sheet Location	Fair Value		Fair Value
Commercial interest rate swaps	Other liabilities		$296		$125
Retail interest rate contracts	Other liabilities	134		91
Total			$430		$216

Derivative Instruments, Gain (Loss)

The following table presents the net gains of derivatives not designated as hedging instruments for the nine month periods ending September 30, 2016 and 2015, respectively:

(In Thousands)	Income Statement Location	September 30, 2016				September 30, 2015
Interest rate contracts	Mortgage banking income			($1,533	)			($569	)
Interest rate lock commitments	Mortgage banking income		239				887
Total				($1,294	)			$318

Offsetting Assets

The following table summarizes the derivatives that have a right of offset as of September 30, 2016 and December 31, 2015, respectively:

September 30, 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
Commercial interest rate swaps	$296		$—	$296		$—		$—		$296
Liability Derivatives
Commercial interest rate swaps	$296		$—	$296		$—	$296			$—
Retail interest rate contracts	134	—		134	—		—		134
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
Commercial interest rate swaps	$125		$—	$125		$—		$—		$125
Liability Derivatives
Commercial interest rate swaps	$125		$—	$125		$—	$125			$—
Retail interest rate contracts	91	—		91	—		—		91

Offsetting Liabilities

The following table summarizes the derivatives that have a right of offset as of September 30, 2016 and December 31, 2015, respectively:

September 30, 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
Commercial interest rate swaps	$296		$—	$296		$—		$—		$296
Liability Derivatives
Commercial interest rate swaps	$296		$—	$296		$—	$296			$—
Retail interest rate contracts	134	—		134	—		—		134
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
Commercial interest rate swaps	$125		$—	$125		$—		$—		$125
Liability Derivatives
Commercial interest rate swaps	$125		$—	$125		$—	$125			$—
Retail interest rate contracts	91	—		91	—		—		91