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Employee Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
The net periodic benefit cost for the Corporation’s Pension Plan consisted of the following components:
 
Three months ended September 30
 
Nine months ended September 30
 
2015
 
2014
 
2015
 
2014
 
(in thousands)
Service cost (1)
$
145

 
$
92

 
$
435

 
$
276

Interest cost
851

 
853

 
2,553

 
2,559

Expected return on plan assets
(752
)
 
(811
)
 
(2,256
)
 
(2,432
)
Net amortization and deferral
782

 
244

 
2,346

 
732

Net periodic benefit cost
$
1,026

 
$
378

 
$
3,078

 
$
1,135

 
(1)
The Pension Plan service cost recorded for the nine months ended September 30, 2015 and 2014 was related to administrative costs associated with the plan and was not due to the accrual of additional participant benefits.
The net periodic cost (benefit) of the Corporation’s Postretirement Plan consisted of the following components, excluding the $1.5 million plan amendment gain in 2014:
 
Three months ended September 30
 
Nine months ended September 30
 
2015
 
2014
 
2015
 
2014
 
(in thousands)
Service cost (1)
$

 
$

 
$

 
$
15

Interest cost
52

 
48

 
156

 
157

Net accretion and deferral
(65
)
 
(84
)
 
(195
)
 
(263
)
Net periodic benefit
$
(13
)
 
$
(36
)
 
$
(39
)
 
$
(91
)

(1)
As a result of the plan amendment, additional participant benefits are not accrued under the Postretirement Plan after February 1, 2014.