Off-Balance Sheets Activities and Derivatives (Tables)

9 Months Ended

Sep. 30, 2014

Off-Balance Sheets Activities and Derivatives

Schedule of financial instruments outstanding whose contract amounts represent credit risk

	September 30,		December 31,
	2014		2013
	(In thousands)
Commitments to grant loans	$	15,041	$	12,858
Commitments to originate loans to be sold	11,161		7,150
Unfunded commitments under home equity lines of credit	47,411		46,456
Unfunded commitments under commercial lines of credit	12,834		11,315
Unfunded commitments under SBA lines of credit	4,329		3,601
Unadvanced funds on construction loans	912		3,812

Schedule of the fair values of derivative instruments in the balance sheet

	Assets			Liabilities
	Balance			Balance
	Sheet	Fair		Sheet	Fair
(Dollars in thousands)	Location	Value		Location	Value
September 30, 2014
Derivative loan commitments	Other assets	$	120	N/A	$	—
Forward loan sale commitments	N/A	—		Other liabilities	8
Total derivatives not designated as hedging instruments		$	120		$	8
December 31, 2013
Derivative loan commitments	N/A	$	—	Other liabilities	$	4
Forward loan sale commitments	Other assets	248		N/A	—
Total derivatives not designated as hedging instruments		$	248		$	4

Schedule of information pertaining to the gains and losses on Bank's derivative instruments not designated as hedging instruments

(Dollars in Thousands) Derivatives Not Designated As Hedging	Location of	Three Months Ended September 30,						Nine Months Ended September 30,
Instruments	Gain/(Loss)	2014			2013			2014			2013
Derivative loan commitments	Gain (loss) on sales of loans, net	$	(288	)	$	1,512		$	351		$	95
Forward loan sale commitments	Gain (loss) on sales of loans, net	185			1,710			(256		)	(176		)
		$	(103	)	$	(198	)	$	95		$	(81	)