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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]  
Summary of Remaining Future Minimum Lease Payments

The following is a summary of remaining future minimum lease payments under current non-cancelable operating leases for office facilities:

 

 

(Amounts in thousands)

 

Years ending:

 

 

 

December 31, 2017

$

206

 

December 31, 2018

 

130

 

December 31, 2019

 

105

 

December 31, 2020

 

105

 

December 31, 2021

 

53

 

Total

$

599

 

 

Summary of Contractual Commitments

The following is a summary of such contractual commitments:

 

 

(Amounts in thousands)

 

 

December 31,

 

 

2016

 

 

2015

 

Commitments to extend credit:

 

 

 

 

 

 

 

Fixed rate

$

18,709

 

 

$

13,311

 

Variable rate

 

57,176

 

 

 

45,929

 

Standby letters of credit

 

412

 

 

 

3,508

 

 

Summary of Overdraft Protection

The following table is a summary of overdraft protection for the periods indicated:

 

 

(Amounts in thousands)

 

 

December 31,

 

 

2016

 

 

2015

 

Overdraft protection available on depositors' accounts

$

9,655

 

 

$

9,598

 

Balance of overdrafts included in loans

 

80

 

 

 

80

 

Average daily balance of overdrafts

 

105

 

 

 

99

 

Average daily balance of overdrafts as a percentage of available

 

1.09

%

 

 

1.03

%

 

Summary of Information Regarding Derivatives

Summary information regarding these derivatives is presented below:

 

 

 

 

 

 

(Amounts in thousands)

 

 

Notional Amount

 

 

 

 

 

 

Fair Value

 

 

December 31,

 

 

 

 

 

 

December 31,

 

 

2016

 

 

2015

 

 

Interest Rate Paid

 

Interest Rate Received

 

2016

 

 

2015

 

Customer interest rate swap

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturing in 2020

$

2,594

 

 

$

2,680

 

 

1 Mo. Libor + Margin

 

Fixed

 

$

15

 

 

$

35

 

Maturing in 2025

 

5,630

 

 

 

5,921

 

 

1 Mo. Libor + Margin

 

Fixed

 

 

101

 

 

 

136

 

Maturing in 2026

 

2,178

 

 

 

 

 

1 Mo. Libor + Margin

 

Fixed

 

 

(29

)

 

 

 

Maturing in 2027

 

6,150

 

 

 

 

 

1 Mo. Libor + Margin

 

Fixed

 

 

210

 

 

 

 

Total

$

16,552

 

 

$

8,601

 

 

 

 

 

 

$

297

 

 

$

171

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Third party interest rate swap

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturing in 2020

$

2,594

 

 

$

2,680

 

 

Fixed

 

1 Mo. Libor + Margin

 

$

(15

)

 

$

(35

)

Maturing in 2025

 

5,630

 

 

 

5,921

 

 

Fixed

 

1 Mo. Libor + Margin

 

 

(101

)

 

 

(136

)

Maturing in 2026

 

2,178

 

 

 

 

 

Fixed

 

1 Mo. Libor + Margin

 

 

29

 

 

 

 

Maturing in 2027

 

6,150

 

 

 

 

 

Fixed

 

1 Mo. Libor + Margin

 

 

(210

)

 

 

 

Total

$

16,552

 

 

$

8,601

 

 

 

 

 

 

$

(297

)

 

$

(171

)

 

Schedule of Fair Values of Derivative Instruments

The following table presents the fair values of derivative instruments in the balance sheet.

 

 

(Amounts in thousands)

 

 

Assets

 

 

Liabilities

 

 

Balance Sheet Location

 

Fair Value

 

 

Balance Sheet Location

 

Fair Value

 

December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

Interest rate derivatives

Other assets

 

$

297

 

 

Other liabilities

 

$

297

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

Interest rate derivatives

Other assets

 

$

171

 

 

Other liabilities

 

$

171