15. Derivative financial instruments (Tables)

9 Months Ended

Sep. 30, 2013

Investments, All Other Investments [Abstract]

Derivative financial instrument

A summary of this sole derivative financial instrument as of September 30, 2013 follows:

	September 30, 2013
			Derivative				Net Ineffective
	Notional		Fair Value				Hedge Gains
Dollars in thousands	Amount		Asset		Liability		(Losses)
CASH FLOW HEDGES
Pay-fixed/receive-variable interest rate swaps
Long term borrowings	$	40,000	$	-	$	117	$	-
	$	40,000	$	-	$	117	$	-