Derivatives and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2016

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 March 31, 2016 and December 31, 2015:

	March 31, 2016							December 31, 2015
	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	$	(3,437	)	Other assets	$	—	Other liabilities	$	(1,907	)
Derivatives not designated as hedging instruments:
Interest rate products (2)	Other assets	16,968		Other liabilities	(17,702		)	Other assets	7,960		Other liabilities	(8,095		)
Total		$	16,968		$	(21,139	)		$	7,960		$	(10,002	)

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

(2) Includes Risk Participation Agreements.

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

The following table presents the effect of the Company’s derivative financial instruments in the consolidated statements of operations for the three months ended March 31, 2016 and 2015:

Derivatives in cash flow hedging relationships	Amount of gain or (loss) recognized in OCI on derivatives (effective portion) (1)						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 March 31,							three months ended March 31,
	2016			2015				2016			2015
(In thousands)
Interest rate products (2)	$	(1,948	)	$	(1,873	)	Interest expense	$	(461	)	$	(1,018	)
Total	$	(1,948	)	$	(1,873	)		$	(461	)	$	(1,018	)

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(1)     There was no ineffective portion as of March 31, 2016 or 2015.

(2)    Includes Risk Participation Agreements.

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 months ended March 31, 2016 and 2015:

	Three months ended March 31,
	2016			2015
	(In thousands)
Accumulated other comprehensive income/ (loss) on cash flow hedges, balance at beginning of period	$	(1,123	)	$	(1,923	)
Net change in unrealized gain/ (loss) on cash flow hedges	(900		)	(509		)
Accumulated other comprehensive income/ (loss) on cash flow hedges, balance at end of period	$	(2,023	)	$	(2,432	)

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 months ended March 31, 2016 and 2015.

		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 March 31,
		2016			2015
		(In thousands)
Interest rate products	Other income/ (expense)	$	(605	)	$	(6	)
Other products (1)	Other income/ (expense)	6			40
Total		$	(599	)	$	34

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(1)     Risk Participation Agreements.