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Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2017
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 three- months ended March 31, 2017 and 2016.





 

 

 

 

 

 



 

 

 

 

 

 

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:

 

 

 

 

 

 

Three months ended:

 

 

 

 

 

 

March 31, 2017

$

52 

$

$

March 31, 2016

 

(331)

 

 



Notes:

(a) Reported as interest expense

(b) Reported as other income