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Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2014
Compensation and Retirement Disclosure [Abstract]  
Components of Company Plan Benefit Expense
The following table summarizes key information related to the Company’s pension plans and retirement agreements (in thousands):  
 
Nine Months Ended September 30, 2014
 
Year Ended December 2013
Change in Projected Benefit Obligation
 
 
 
Projected benefit obligation, beginning of period
$
20,032

 
$
19,761

Service cost
613

 
925

Interest cost
701

 
829

Actuarial gain

 
(1,229
)
Benefits paid
(219
)
 
(254
)
Projected benefit obligation, end of period
$
21,127

 
$
20,032

Change in Plan Assets
 
 
 
Plan assets at fair value, beginning of period
$

 
$

Company contributions
219

 
254

Benefits paid
(219
)
 
(254
)
Plan assets at fair value, end of period
$

 
$

Unfunded Status of the Plan
$
(21,127
)
 
$
(20,032
)
Components of Net Periodic Benefit Cost
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2014
 
September 30, 2013
 
September 30, 2014
 
September 30, 2013
Components of Net Periodic Benefit Cost
 
 
 
 
 
 
 
Service cost
$
307

 
$
232

 
$
613

 
$
694

Interest cost
351

 
207

 
701

 
622

Net loss
31

 
66

 
95

 
197

Net periodic pension cost
$
689

 
$
505

 
$
1,409

 
$
1,513