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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Financial Instruments [Abstract]  
Impact Of Derivative Financial Instruments [Table Text Block]

The table below discloses the impact of derivative financial instruments on the Corporation’s Consolidated Financial Statements for the years ended December 31, 2014 and  December 31, 2013.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative in Cash Flow Hedging Relationships

 

 

 

 

 

 

(In thousands)

Amount of gain (loss) recognized in OCI on derivative (effective portion)

Amount of gain or (loss) reclassified from accumulated OCI into income (effective portion) (1)

Amount of gain or (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) (2)

Interest rate contracts:

 

 

 

 

 

 

 

 

 

 

 

 

 

     December 31, 2014

$

155 

$

$

     December 31, 2013

$

233 

$

$

 

Notes: 

(1)

Reported as interest expense

Reported as other income