Derivatives and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The following table presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheets as of June 30, 2014 and December 31, 2013:

	June 30, 2014							December 31, 2013
	Asset derivatives			Liability derivatives				Asset derivatives			Liability derivatives
	Balance sheet location	Fair value (1)		Balance sheet location	Fair value (1)			Balance sheet location	Fair value (1)		Balance sheet location	Fair value (1)
	(In thousands)
Derivatives designated as hedging instruments:
Interest rate products	Other assets	$	—	Other liabilities	$	(4,257	)	Other assets	$	921	Other liabilities	$	(4,012	)
Derivatives not designated as hedging instruments:
Interest rate products	Other assets	3,776		Other liabilities	(3,865		)	Other assets	2,045		Other liabilities	(2,029		)
Total		$	3,776		$	(8,122	)		$	2,966		$	(6,041	)

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(1) For additional details, see Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements-Note 5: Fair Value Measurements.”

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The following tables present the effect of the Company’s derivative financial instruments in the consolidated statements of operations for the three and six months ended June 30, 2014 and 2013:

Derivatives in cash flow hedging relationships	Amount of gain or (loss) recognized in OCI on derivatives (effective portion)					Location of gain or (loss) reclassified from accumulated OCI into income (effective portion)	Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion)
	three months ended June 30,						three months ended June 30,
	2014			2013			2014			2013
(In thousands)
Interest rate products	$	(1,513	)	$	1,197	Interest expense	$	(732	)	$	(471	)
Total	$	(1,513	)	$	1,197		$	(732	)	$	(471	)

Derivatives in cash flow hedging relationships	Amount of gain or (loss) recognized in OCI on derivatives (effective portion)					Location of gain or (loss) reclassified from accumulated OCI into income (effective portion)	Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion)
	six months ended June 30,						six months ended June 30,
	2014			2013			2014			2013
(In thousands)
Interest rate products	$	(2,514	)	$	1,175	Interest expense	$	(1,348	)	$	(932	)
Total	$	(2,514	)	$	1,175		$	(1,348	)	$	(932	)

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]

The following table presents the components of the Company’s accumulated other comprehensive income/ (loss) related to the derivatives for the three and six months ended June 30, 2014 and 2013:

	Three months ended June 30,						Six months ended June 30,
	2014			2013			2014			2013
	(In thousands)
Accumulated other comprehensive income/ (loss) on cash flow hedges, balance at beginning of period	$	(1,995	)	$	(2,762	)	$	(1,763	)	$	(2,969	)
Net change in unrealized gain/ (loss) on cash flow hedges	(463		)	1,017			(695		)	1,224
Accumulated other comprehensive income/ (loss) on cash flow hedges, balance at end of period	$	(2,458	)	$	(1,745	)	$	(2,458	)	$	(1,745	)

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The following table presents the effect of the Bank’s derivative financial instruments not designated as hedging instruments in the consolidated statement of operations for the three and six months ended June 30, 2014 and 2013.

		Amount of gain or (loss), net, recognized in income on derivatives
Derivatives not designated as hedging instruments	Location of gain or (loss) recognized in income on derivative	Three months ended June 30,					Six months ended June 30,
		2014			2013		2014			2013
		(In thousands)
Interest rate products	Other income/ (expense)	$	(80	)	$	23	$	(106	)	$	19
Foreign exchange contracts	Other income/ (expense)	—			3		—			5
Total		$	(80	)	$	26	$	(106	)	$	24