Future minimum lease payments by year on these non - cancellable leases are as follows ( in thousands):  In February 2014, the Bank entered into a 10 year renewable operating lease for land on which the Bank plans to construct a new branch office facility. The rent for each of the first three years will be $ 75, 000. Beginning in the fourth year and each year thereafter, the rent will increase by an amount of 3 %. The future minimum lease payments related to this land lease are not reflected in the table above.  Asset related derivatives are included in other assets on the balance sheet.  Liability related derivatives are included in other liabilities on the balance sheet.  related derivatives included other assets the related derivatives included liabilities on the 7. Derivative Financial Instruments Year ending December 31,  2014 277 2015 219 2016 176 2017 164 2018 Thereafter 836 Notional 2013 2012 Asset Asset Liability)  Liability)  Notional Fair Value Amount Fair Value Amount Interest rate lock commitments:  Assets 292 $  15, 881 336 $  28, 140 Liabilities 66 Net interest rate lock commitments asset 292 336 Forward commitments:  Assets 89 11, 539 16 4, 993 Liabilities 1)  735 35)  14, 483 Net forward commitments asset ( liability)  88 19)  Net Derivative Instruments Asset 380 317 The following table presents a summary of the notional amounts and fair values of derivative financial instruments as of December 31, 2013 and 2012 ( dollars in thousands):  28 28