Derivatives (Tables)

12 Months Ended

Dec. 31, 2013

Summary of Notional Amount, Effective Dates and Maturity Dates

The following table summarizes the notional amount, effective dates and maturity dates of the IR contracts the Company had outstanding with counterparties as of December 31, 2013.

(Dollars in thousands)
Description	Notional Amount		Effective Date		Maturity
Forward starting interest rate swap	$	75,000		August 1, 2014		August 3, 2015
Forward starting interest rate swap	$	75,000		August 3, 2015		August 1, 2016
Forward starting interest rate swap	$	75,000		August 1, 2016		August 1, 2017

Summary of Types of Derivatives by Their Locations within Statements of Operations

The following table summarizes the types of derivatives, their locations within the Consolidated Statements of Operations, and the gains recorded for the years ended December 31, 2013 and 2012:

(Dollars in thousands)			December 31,
Description	Income Sheet Location		2013		2012
Forward starting interest rate swaps (1)		Interest on FHLB borrowings	$	600	$	500

(1) Cash flow hedge designation removed. Gains represent tax adjusted amounts reclassified from accumulated OCI pertaining to the terminated forward starting interest rate swap.

Designated as hedging instrument [Member]

Summary of Types of Derivatives by Assets and Liabilities

The following table summarizes the types of derivatives, separately by assets and liabilities, their locations on the Consolidated Balance Sheets, and the fair values of such derivatives as of years ended December 31, 2013, and December 31, 2012. 

(Dollars in thousands)			Asset Derivatives				Liability Derivatives
Description	Balance Sheet Location		December 31, 2013		December 31, 2012		December 31, 2013		December 31, 2012
Forward starting interest rate swaps (1)		Other liabilities	$	0	$	0	$	2,890	$	4,085

(1) Derivative designated as hedging instrument.