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Note 12 - Pension and Other Postretirement Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2015

Note 12 - Pension and Other Postretirement Benefit Plans (Tables) [Line Items]

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

		Net Actuarial loss (gain)												Prior Service cost (credit)												Total
		2015				2014				2013				2015				2014				2013				2015				2014				2013
		(In thousands)
Employee Retirement Plan		$	8,589			$	9,938			$	5,899			$	-			$	-			$	-			$	8,589			$	9,938			$	5,899
Other Postretirement Benefit Plans			1,296				2,130				205				(538	)			(623	)			(708	)			758				1,507				(503	)
Outside Directors Plan			(562	)			(488	)			(496	)			91				131				171				(471	)			(357	)			(325	)
Total		$	9,323			$	11,580			$	5,608			$	(447	)		$	(492	)		$	(537	)		$	8,876			$	11,088			$	5,071

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]

		Net Actuarial loss (gain)				Prior Service cost (credit)				Total
		(In thousands)
Employee Retirement Plan		$	808			$	-			$	808
Other Postretirement Benefit Plans			47				(85	)			(38	)
Outside Directors Plan			(86	)			40				(46	)
Total		$	769			$	(45	)		$	724

Schedule of Assumptions Used [Table Text Block]

		2015				2014
Rate of return on plan assets			n/a				n/a
Discount rate			4.06	%			3.76	%
Rate of increase in health care costs
Initial			7.00	%			8.00	%
Ultimate (year 2018)			5.00	%			5.00	%
Annual rate of salary increase for life insurance			n/a				n/a

Schedule of Net Benefit Costs [Table Text Block]

		2015				2014				2013
		(In thousands)
Service cost		$	382			$	358			$	449
Interest cost			300				253				219
Amortization of unrecognized loss			119				-				50
Amortization of past service credit			(85	)			(85	)			(85	)
Net postretirement benefit expense			716				526				633
Current year actuarial (gain) loss			(715	)			1,925				(943	)
Amortization of actuarial loss			(119	)			-				(50	)
Amortization of prior service credit			85				85				85
Total recognized in other comprehensive income			(749	)			2,010				(908	)
Total recognized in net postretirement expense and other comprehensive income		$	(33	)		$	2,536			$	(275	)

Schedule of Allocation of Plan Assets [Table Text Block]

		2015				2014
Equity securities			70	%			68	%
Debt securities			30	%			32	%

Schedule of Changes in Fair Value of Plan Assets [Table Text Block]

December 31, 2015						Quoted Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Other Unobservable Inputs
		Total				Level 1				Level 2				Level 3
		(In thousands)
Pooled Separate Accounts
U.S. large-cap growth (a)		$	5,114			$	-			$	5,114			$	-
U.S. large-cap value (b)			4,619				-				4,619				-
U.S. small-cap blend (c)			2,094				-				2,094				-
International blend (d)			2,079				-				2,079				-
Bond fund (e)			5,671				-				5,671				-
Prudential short term (f)			347				-				347				-
Total		$	19,924			$	-			$	19,924			$	-

December 31, 2014						Quoted Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Other Unobservable Inputs
		Total				Level 1				Level 2				Level 3
		(In thousands)
Pooled Separate Accounts
U.S. large-cap growth (a)		$	4,832			$	-			$	4,832			$	-
U.S. large-cap value (b)			4,939				-				4,939				-
U.S. small-cap blend (c)			2,163				-				2,163				-
International blend (d)			1,966				-				1,966				-
Bond fund (e)			6,274				-				6,274				-
Prudential short term (f)			335				-				335				-
Total		$	20,509			$	-			$	20,509			$	-

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]

		Increase				Decrease
		(In thousands)
Effect on postretirement benefit obligation		$	1,634			$	(1,240	)
Effect on total service and interest cost			177				(131	)

Schedule of Employee Benefit Trust Shares [Table Text Block]

		2015				2014
Shares owned by Employee Benefit Trust, beginning balance			800,950				913,792
Shares purchased			22,102				23,717
Shares released and allocated			(147,616	)			(136,559	)
Shares owned by Employee Benefit Trust, ending balance			675,436				800,950
Market value of unallocated shares.		$	14,616,435			$	16,235,257

Retirement Plan [Member]

Note 12 - Pension and Other Postretirement Benefit Plans (Tables) [Line Items]

Schedule of Net Funded Status [Table Text Block]

		2015				2014
		(In thousands)
Change in benefit obligation:
Projected benefit obligation at beginning of year		$	24,097			$	19,740
Interest cost			889				891
Actuarial (gain) loss			(1,208	)			4,446
Benefits paid			(1,014	)			(980	)
Projected benefit obligation at end of year			22,764				24,097
Change in plan assets:
Market value of assets at beginning of year			20,509				20,496
Actual return on plan assets			429				993
Benefits paid			(1,014	)			(980	)
Market value of plan assets at end of year			19,924				20,509
Accrued pension liability included in other liabilities		$	(2,840	)		$	(3,588	)

Schedule of Net Benefit Costs [Table Text Block]

		2015				2014				2013
		(In thousands)
Interest cost		$	889			$	891			$	827
Amortization of unrecognized loss			1,112				759				1,222
Expected return on plan assets			(1,400	)			(1,344	)			(1,261	)
Net pension expense (benefit)			601				306				788
Current year actuarial (gain) loss			(237	)			4,798				(4,722	)
Amortization of actuarial loss			(1,112	)			(759	)			(1,222	)
Total recognized in other comprehensive income			(1,349	)			4,039				(5,944	)
Total recognized in net pension cost (benefit) and other comprehensive income		$	(748	)		$	4,345			$	(5,156	)

Schedule of Expected Benefit Payments [Table Text Block]

For the years ending December 31:		Future Benefit Payments
		(In thousands)
2016		$	1,172
2017			1,184
2018			1,177
2019			1,192
2020			1,193
2021 – 2025			6,502

Assumptions for the Retirement Plan's Benefit Obligations [Member]

Note 12 - Pension and Other Postretirement Benefit Plans (Tables) [Line Items]

Schedule of Assumptions Used [Table Text Block]

		2015				2014
Weighted average discount rate			4.06	%			3.76	%
Rate of increase in future compensation levels			n/a				n/a
Expected long-term rate of return on assets			7.25	%			7.50	%

Assumptions for Periodic Pension Benefit for the Retirement Plan [Member]

Note 12 - Pension and Other Postretirement Benefit Plans (Tables) [Line Items]

Schedule of Assumptions Used [Table Text Block]

		2015				2014				2013
Weighted average discount rate			3.76	%			4.60	%			3.75	%
Rate of increase in future compensation levels			n/a				n/a				n/a
Expected long-term rate of return on assets			7.50	%			7.50	%			7.50	%

Postretirement Plans [Member]

Note 12 - Pension and Other Postretirement Benefit Plans (Tables) [Line Items]

Schedule of Net Funded Status [Table Text Block]

		2015				2014
		(In thousands)
Change in benefit obligation:
Projected benefit obligation at beginning of year		$	8,073			$	5,586
Service cost			382				358
Interest cost			300				253
Actuarial loss (gain)			(715	)			1,925
Benefits paid			(63	)			(49	)
Projected benefit obligation at end of year			7,977				8,073
Change in plan assets:
Market value of assets at beginning of year			-				-
Employer contributions			63				49
Benefits paid			(63	)			(49	)
Market value of plan assets at end of year			-				-
Accrued pension cost included in other liabilities		$	(7,977	)		$	(8,073	)

Schedule of Assumptions Used [Table Text Block]

		2015				2014				2013
Rate of return on plan assets			n/a				n/a				n/a
Discount rate			3.76	%			4.60	%			3.75	%
Rate of increase in health care costs
Initial			8.00	%			9.00	%			10.00	%
Ultimate (year 2018)			5.00	%			5.00	%			5.00	%
Annual rate of salary increase for life insurance			n/a				n/a				n/a

Schedule of Expected Benefit Payments [Table Text Block]

For the years ending December 31:		Future Benefit Payments
		(In thousands)
2016		$	189
2017			229
2018			255
2019			280
2020			263
2021 – 2025			1,524

Directors' Plan [Member]

Note 12 - Pension and Other Postretirement Benefit Plans (Tables) [Line Items]

Schedule of Net Funded Status [Table Text Block]

		2015				2014
		(In thousands)
Change in benefit obligation:
Projected benefit obligation at beginning of year		$	2,663			$	2,666
Service cost			45				54
Interest cost			95				116
Actuarial gain			(129	)			(53	)
Benefits paid			(144	)			(120	)
Projected benefit obligation at end of year			2,530				2,663
Change in plan assets:
Market value of assets at beginning of year			-				-
Employer contributions			144				120
Benefits paid			(144	)			(120	)
Market value of plan assets at end of year			-				-
Accrued pension cost included in other liabilities		$	(2,530	)		$	(2,663	)

Schedule of Net Benefit Costs [Table Text Block]

		2015				2014				2013
		(In thousands)
Service cost		$	45			$	54			$	82
Interest cost			95				116				98
Amortization of unrecognized gain			(56	)			(60	)			(36	)
Amortization of past service liability			40				40				40
Net pension expense			124				150				184
Current actuarial gain			(130	)			(52	)			(122	)
Amortization of actuarial gain			56				60				36
Amortization of prior service cost			(40	)			(40	)			(40	)
Total recognized in other comprehensive income			(114	)			(32	)			(126	)
Total recognized in net pension expense and other comprehensive income		$	10			$	118			$	58

Schedule of Expected Benefit Payments [Table Text Block]

For the years ending December 31:		Future Benefit Payments
		(In thousands)
2016		$	288
2017			288
2018			272
2019			288
2020			288
2021 – 2025			1,244

Assumptions Used to Determine Benefit Obligations and Periodic Pension Expense for the Directors' Plan [Member]

Note 12 - Pension and Other Postretirement Benefit Plans (Tables) [Line Items]

Schedule of Assumptions Used [Table Text Block]

		2015				2014				2013
Weighted average discount rate for the benefit obligation			4.06	%			3.76	%			4.60	%
Weighted average discount rate for periodic pension benefit expense			3.76	%			4.60	%			3.75	%
Rate of increase in future compensation levels			n/a				n/a				n/a

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