Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2016

DERIVATIVE FINANCIAL INSTRUMENTS

Summary of derivative instruments outstanding

	December 31, 2016
	Notional Amount		Fixed Rate	Floating Rate	Maturity	Fair Value
	(Dollars in thousands)
Non-hedging derivative instruments:
Customer interest rate swap:
receive fixed/pay floating	$	185,637	2.19 - 5.72%	LIBOR 1 month + 0% - 4.25%	Wtd. Avg. 3.4 years	$	609
Correspondent interest rate swap:
pay fixed/receive floating	$	185,637	2.19 - 5.72%	LIBOR 1 month + 0% - 4.25%	Wtd. Avg. 3.4 years	$	(691)

	December 31, 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	$	115,459	3.99% - 5.99%	LIBOR 1 month + 2.5% - 4.50%	Wtd. Avg. 3.1 years	$	1,528
Correspondent interest rate swap:
pay fixed/receive floating	$	115,459	3.99% - 5.99%	LIBOR 1 month + 2.5% - 4.50%	Wtd. Avg. 3.1 years	$	(1,612)

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

). The notional amounts and estimated fair values of the non-hedging derivative instruments by classification as the dates set forth were as follows:

	December 31, 2016						December 31, 2015
			Estimated Fair Value						Estimated Fair Value
	Notional Amount		Asset Derivative		Liability Derivative		Notional Amount		Fair Value		Liability Derivative
	(Dollars in thousands)
Non-hedging interest rate derivatives:
Financial institution counterparty:
Interest rate swap	$	185,637	$	698	$	1,389	$	115,459	$	-	$	1,612
Interest rate cap		16,482		5		-		16,929		25		-
Commercial customer counterparty:
Interest rate swap		185,637		1,307		698		115,459		1,528		-
Interest rate cap		16,482		-		5		16,929		-		25
Total derivatives			$	2,010	$	2,092			$	1,553	$	1,637