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Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2016
Derivative [Line Items]  
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
At March 31, 2016, the following interest rate swaps related to our loan hedging program were outstanding:

 
 
As of March 31, 2016
Interest rate swaps on loans with loan customers
 
 
Notional amount (in thousands)
 
$
120,583

Weighted average remaining term
 
7.5 years

Received fixed rate (weighted average)
 
4.45
%
Pay variable rate (weighted average)
 
2.81
%
Estimated fair value (in thousands)
 
$
6,260

Back to back interest rate swaps with correspondent banks
 
 
Notional amount (in thousands)
 
$
120,583

Weighted average remaining term
 
7.5 years

Received variable rate (weighted average)
 
2.81
%
Pay fixed rate (weighted average)
 
4.45
%
Estimated fair value (in thousands)
 
$
(6,260
)