Derivatives (Tables)

9 Months Ended

Sep. 30, 2017

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, 2017 and December 31, 2016:

(In Thousands)	Asset Derivatives
		September 30, 2017		December 31, 2016
	Balance Sheet Location	Fair Value		Fair Value
Interest rate swaps	Other assets		$34		$71
Interest rate lock commitments	Other assets	1,508		1,137
Total			$1,542		$1,208

(In Thousands)	Liability Derivatives
		September 30, 2017		December 31, 2016
	Balance Sheet Location	Fair Value		Fair Value
Interest rate swaps	Other liabilities		$34		$71
Retail interest rate contracts	Other liabilities	38		78
Total			$72		$149

Derivative Instruments, Gain (Loss)

The following table presents the net gains (losses) of derivatives not designated as hedging instruments for the nine month periods ending September 30, 2017 and 2016, respectively:

(In Thousands)	Income Statement Location	September 30, 2017				September 30, 2016
Interest rate contracts	Mortgage banking income			($482	)			($1,533	)
Interest rate lock commitments	Mortgage banking income		364				239
Total				($118	)			($1,294	)

Offsetting Assets

The following table summarizes the derivatives that have a right of offset as of September 30, 2017 and December 31, 2016, respectively:

September 30, 2017					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 swaps	$34		$—	$34		$—		$—		$34
Liability Derivatives
Interest rate swaps	$34		$—	$34		$—	$34			$—
Retail interest rate contracts	38	—		38	—		—		38
December 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 swaps	$71		$—	$71		$—		$—		$71
Liability Derivatives
Interest rate swaps	$71		$—	$71		$—	$71			$—
Retail interest rate contracts	78	—		78	—		—		78

Offsetting Liabilities

The following table summarizes the derivatives that have a right of offset as of September 30, 2017 and December 31, 2016, respectively:

September 30, 2017					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 swaps	$34		$—	$34		$—		$—		$34
Liability Derivatives
Interest rate swaps	$34		$—	$34		$—	$34			$—
Retail interest rate contracts	38	—		38	—		—		38
December 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 swaps	$71		$—	$71		$—		$—		$71
Liability Derivatives
Interest rate swaps	$71		$—	$71		$—	$71			$—
Retail interest rate contracts	78	—		78	—		—		78