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Off-Balance Sheet Arrangements, Commitments And Ccontingencies
 3 Months Ended 12 Months Ended
Mar. 31, 2015
Dec. 31, 2014
OFF-BALANCE SHEET ARRANGEMENTS, COMMITMENTS AND CONTINGENCIES    
OFF-BALANCE SHEET ARRANGEMENTS, COMMITMENTS AND CONTINGENCIES

15. OFF-BALANCE SHEET ARRANGEMENTS, COMMITMENTS AND CONTINGENCIES

        The following table summarizes Green's contractual obligations and other commitments to make future payments as of the date indicated (other than securities sold under agreements to repurchase). Green's future cash payments associated with its contractual obligations pursuant to its certificates and other time deposits, FHLB advances including interest, and operating leases, as of the date indicated are as follows:

 
   March 31, 2015  
 
   1 year
or less		   More than
1 year but
less than
3 years		   3 years
or more but
less than
5 years		   5 years
or more		   Total  
 
   (Dollars in thousands)
  

Certificates and other time deposits

   $ 383,667   $ 205,372   $ 74,412   $ —   $ 663,451  

Federal Home Loan Bank advances

     3,750     1,158     2,077     556     7,541  

Operating leases

     1,251     2,416     1,491     2,023     7,181  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total

   $ 388,668   $ 208,946   $ 77,980   $ 2,579   $ 678,173  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

        Payments related to leases are based on actual payments specified in underlying contracts.

        Leases—A summary of Green's noncancelable future operating lease commitments as of the date indicated was as follows:

 
   March 31, 2015  
 
   (Dollars
in thousands)
  

2015

   $ 933  

2016

     1,274  

2017

     1,215  

2018

     860  

2019

     758  

Thereafter

     2,141  
​ ​ ​ ​ ​

Total

   $ 7,181  
​ ​ ​ ​ ​
​ ​ ​ ​ ​
​ ​ ​ ​ ​

        Green leases certain office facilities and equipment under operating leases. Rent expense under all noncancelable operating lease obligations, net of income from noncancelable subleases aggregated, was approximately $392 thousand and $329 thousand for the three months ended March 31, 2015 and 2014, respectively.

        Litigation—Green from time to time is involved in routine litigation arising from the normal course of business. Management does not believe that there are any pending or threatened proceedings against Green which, upon resolution, would have a material effect on the consolidated financial statements.

        Financial Instruments with Off-Balance Sheet Risk—In the normal course of business, Green is a party to various financial instruments with off-balance sheet risk to meet the financial needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the consolidated balance sheets. Green's exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual or notional amount of these instruments. Green uses the same credit policies in making these commitments and conditional obligations as it does for on-balance sheet instruments.

        The following is a summary of the various financial instruments outstanding as of the date set forth:

 
   March 31, 2015  
 
   1 year
or less		   More than
1 year but
less than
3 years		   3 years
or more but
less than
5 years		   5 years
or more		   Total  
 
   (Dollars in thousands)
  

Commitments to extend credit

   $ 158,446   $ 179,717   $ 99,475   $ 75,576   $ 513,214  

Standby and commercial letters of credit

     3,707     69     —     —     3,776  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total

   $ 162,153   $ 179,786   $ 99,475   $ 75,576   $ 516,990  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

        Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being fully drawn upon, the total commitment amounts disclosed above do not necessarily represent future cash requirements. Green evaluates each customer's creditworthiness on a case-by-case basis. The amount of collateral obtained, if considered necessary by Green, upon extension of credit, is based on management's credit evaluation of the customer.

        Standby and commercial letters of credit are conditional commitments issued by Green to guarantee the performance of a customer to a third party. In the event of nonperformance by the customer, Green has rights to the underlying collateral, which can include commercial real estate, physical plant and property, inventory, receivables, cash and marketable securities. The credit risk to Green in issuing letters of credit is essentially the same as that involved in extending loan facilities to its customers.

15. OFF-BALANCE SHEET ARRANGEMENTS, COMMITMENTS AND CONTINGENCIES

        The following table summarizes Green's contractual obligations and other commitments to make future payments as of the date indicated (other than securities sold under agreements to repurchase). Green's future cash payments associated with its contractual obligations pursuant to its certificates and other time deposits, FHLB advances including interest, and operating leases, as of the date indicated are as follows:

 
   December 31, 2014  
 
   1 year
or less		   More than
1 year
but less
than 3 years		   3 years
or more
but less
than 5 years		   5 years
or more		   Total  
 
   (Dollars in thousands)
  

Certificates and other time deposits

   $ 329,760   $ 200,627   $ 105,953   $ —   $ 636,340  

FHLB advances

     43,760     1,411     2,084     567     47,822  

Operating leases

     1,294     2,489     1,618     2,141     7,542  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total

   $ 374,814   $ 204,527   $ 109,655   $ 2,708   $ 691,704  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

        Payments related to leases are based on actual payments specified in underlying contracts.

        Leases—A summary as of December 31, 2014, of Green's noncancelable future operating lease commitments is as follows (in thousands):

2015

   $ 1,294  

2016

     1,274  

2017

     1,215  

2018

     860  

2019

     758  

Thereafter

     2,141  
​ ​ ​ ​ ​

Total

   $ 7,542  
​ ​ ​ ​ ​
​ ​ ​ ​ ​
​ ​ ​ ​ ​

        Green leases certain office facilities and equipment under operating leases. Rent expense under all noncancelable operating lease obligations, net of income from noncancelable subleases aggregated, was approximately $1.4 million, $1.4 million and $1.2 million for the years ended December 31, 2014, 2013 and 2012, respectively.

        Litigation—Green from time to time is involved in routine litigation arising from the normal course of business. Management does not believe that there are any pending or threatened proceedings against Green which, upon resolution, would have a material effect on the consolidated financial statements.

        Financial Instruments with Off-Balance Sheet Risk—In the normal course of business, Green is a party to various financial instruments with off-balance sheet risk to meet the financial needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the consolidated balance sheets. Green's exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual or notional amount of these instruments. Green uses the same credit policies in making these commitments and conditional obligations as it does for on-balance sheet instruments.

        The following is a summary of the various financial instruments outstanding as of the date set forth:

 
   December 31, 2014  
 
   1 year
or less		   More than
1 year
but less
than 3 years		   3 years
or more
but less
than 5 years		   5 years
or more		   Total  
 
   (Dollars in thousands)
  

Commitments to extend credit

   $ 140,088   $ 175,524   $ 95,336   $ 89,667   $ 500,615  

Standby and commercial letters of credit

     11,891     391     —     —     12,282  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total

   $ 151,979   $ 175,915   $ 95,336   $ 89,667   $ 512,897  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

        Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being fully drawn upon, the total commitment amounts disclosed above do not necessarily represent future cash requirements. Green evaluates each customer's creditworthiness on a case-by-case basis. The amount of collateral obtained, if considered necessary by Green, upon extension of credit, is based on management's credit evaluation of the customer.

        Standby and commercial letters of credit are conditional commitments issued by Green to guarantee the performance of a customer to a third party. In the event of nonperformance by the customer, Green has rights to the underlying collateral, which can include commercial real estate, physical plant and property, inventory, receivables, cash and marketable securities. The credit risk to Green in issuing letters of credit is essentially the same as that involved in extending loan facilities to its customers.