Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2015

DERIVATIVE FINANCIAL INSTRUMENTS

Summary of derivative instruments outstanding

	June 30, 2015
	Notional Amount		Fixed Rate	Floating Rate	Maturity	Fair Value
	(Dollars in thousands)
Non-hedging derivative instruments:
Customer interest rate swap:
receive fixed/pay floating	$	20,634	4.87% - 5.99%	LIBOR 1 month + 3.25% - 4.50%	Wtd. Avg. 2.1 years	$	245
Correspondent interest rate swap:
pay fixed/receive floating	$	20,634	4.87% - 5.99%	LIBOR 1 month + 3.25% - 4.50%	Wtd. Avg. 2.1 years	$	(256)

	December 31, 2014
	Notional Amount		Fixed Rate	Floating Rate	Maturity	Fair Value
	(Dollars in thousands)
Non-hedging derivative instruments:
Customer interest rate swap:
receive fixed/pay floating	$	24,485	4.87% - 5.99%	LIBOR 1 month + 3.25% - 4.50%	Wtd. Avg. 2.5 years	$	274
Correspondent interest rate swap:
pay fixed/receive floating	$	24,485	4.87% - 5.99%	LIBOR 1 month + 3.25% - 4.50%	Wtd. Avg. 2.5 years	$	(287)

Notional amounts and estimated fair values of non-hedging derivative instruments by classification

	June 30, 2015
	Notional Amount		Fair Value
	(Dollars in thousands)
Customer interest rate swaps (commercial customer counterparty):
Assets	$	20,634	$	245
Correspondent interest rate swaps (financial institution counterparty):
Liabilities	$	20,634	$	(256)

	December 31, 2014
	Notional Amount		Fair Value
	(Dollars in thousands)
Customer interest rate swaps (commercial customer counterparty):
Assets	$	24,485	$	274
Correspondent interest rate swaps (financial institution counterparty):
Liabilities	$	24,485	$	(287)