Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2016
Aggregate Contractual or Notional Amounts and Fair Value of Derivative Financial Instruments

The following table presents the aggregate contractual or notional amounts and the fair values of derivative instruments as of the dates indicated:

 

     September 30, 2016      December 31, 2015  
(Amounts in thousands)    Notional or
Contractual
Amount		      Derivative
Assets		      Derivative
Liabilities		      Notional or
Contractual
Amount		      Derivative
Assets		      Derivative
Liabilities		  

Derivatives designated as hedges Interest rate swaps

    $ 4,944       $ —         $ 450       $ 5,151       $ —         $ 251   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total derivatives

    $ 4,944       $ —         $ 450       $ 5,151       $ —         $ 251   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  
Effect of Derivative and Hedging Activity, on Consolidated Statements of Income

The following table presents the effect of derivative and hedging activity, if applicable, on the consolidated statements of income for the periods indicated:

 

     Three Months Ended September 30,      Nine Months Ended September 30,      Income Statement Location  
(Amounts in thousands)    2016      2015      2016      2015     

Derivatives designated as hedges Interest rate swaps

    $ 31       $ 33       $ 86       $ 91         Interest and fees on loans   
  

 

 

     

 

 

     

 

 

     

 

 

     

Total derivative expense

    $ 31       $ 33       $ 86       $ 91