Off-Balance Sheets Activities and Derivatives (Tables)

3 Months Ended

Mar. 31, 2015

Off-Balance Sheets Activities and Derivatives

Schedule of financial instruments outstanding whose contract amounts represent credit risk

	March 31,		December 31,
	2015		2014
	(In thousands)
Commitments to grant loans	$	19,878	$	8,583
Commitments to originate loans to be sold	15,616		10,751
Unfunded commitments under home equity lines of credit	47,078		47,106
Unfunded commitments under commercial lines of credit	13,530		11,922
Unfunded commitments under SBA lines of credit	4,011		3,668
Unadvanced funds on construction loans	3,095		2,793

Schedule of the fair values of derivative loan commitments and forward sale commitments in the consolidated balance sheet

	Assets			Liabilities
	Balance			Balance
	Sheet	Fair		Sheet	Fair
(In thousands)	Location	Value		Location	Value
March 31, 2015
Derivative loan commitments	Other assets	$	158	N/A	$	—
Forward loan sale commitments	N/A	—		Other liabilities	36
Total derivatives not designated as hedging instruments		$	158		$	36
December 31, 2014
Derivative loan commitments	Other assets	$	98	N/A	$	—
Forward loan sale commitments	N/A	—		Other liabilities	96
Total derivatives not designated as hedging instruments		$	98		$	96

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

	Location of Gain/(Loss)	Three Months Ended March 31,
		2015		2014
		(In thousands)
Derivative loan commitments	Net gain on sales of loans and other mortgage banking income	$	61	$	(14	)
Forward loan sale commitments	Net gain on sales of loans and other mortgage banking income	60		3
		$	121	$	(11	)