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Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2015
Derivative Financial Instruments [Abstract]  
Impact of Derivative Financial Instruments

 

The table below discloses the impact of derivative financial instruments on the Corporation’s Consolidated Financial Statements for the nine- and three-months ended September 30, 2015 and 2014.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative in Cash Flow Hedging Relationships

 

 

 

 

(in thousands)

Amount of gain recognized in OCI on derivative (effective portion)

Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion) (a)

Amount of gain or (loss) recognized in income or derivative (ineffective portion and amount excluded from effectiveness testing) (b)

Interest rate contracts:

 

 

 

 

 

 

Nine months ended:

 

 

 

 

 

 

September 30, 2015

$

55 

$

$

September 30, 2014

 

137 

 

 

Three months ended:

 

 

 

 

 

 

September 30, 2015

$

20 

$

$

September 30, 2014

 

26 

 

 

 

Notes:

(a) Reported as interest expense

(b) Reported as other income