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Employee Benefit Plans (Tables) | 12 Months Ended
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Dec. 31, 2012
Pension Plan |
Reconciliation of benefit obligation |
($ in thousands) |  | 2012 |  |  | 2011 |  |  | 2010 |
Change in benefit obligation |  |  |  |  |  |  |  |  |  |  |  |
Benefit obligation at beginning of year |  | $ | 40,084 |  |  |  | 31,140 |  |  |  | 25,395 |
Service cost |  |  | 1,835 |  |  |  | 1,782 |  |  |  | 1,754 |
Interest cost |  |  | 1,451 |  |  |  | 1,638 |  |  |  | 1,555 |
Actuarial (gain) loss |  |  | (4,006 | ) |  |  | 6,004 |  |  |  | 2,830 |
Benefits paid |  |  | (503 | ) |  |  | (480 | ) |  |  | (394 | )
Curtailment gain |  |  | (6,589 | ) |  |  | — |  |  |  | — |
Benefit obligation at end of year |  |  | 32,272 |  |  |  | 40,084 |  |  |  | 31,140 |
Change in plan assets |  |  |  |  |  |  |  |  |  |  |  |
Plan assets at beginning of year |  |  | 24,466 |  |  |  | 22,431 |  |  |  | 17,793 |
Actual return on plan assets |  |  | 3,661 |  |  |  | 15 |  |  |  | 2,532 |
Employer contributions |  |  | 2,500 |  |  |  | 2,500 |  |  |  | 2,500 |
Benefits paid |  |  | (503 | ) |  |  | (480 | ) |  |  | (394 | )
Plan assets at end of year |  |  | 30,124 |  |  |  | 24,466 |  |  |  | 22,431 |
Funded status at end of year |  | $ | (2,148 | ) |  |  | (15,618 | ) |  |  | (8,709 | )
Amounts recognized in balance sheet |
($ in thousands) |  | 2012 |  |  | 2011 |
Other assets – prepaid pension asset |  | $ | 1,232 |  |  |  | 671 |
Other liabilities |  |  | (3,380 | ) |  |  | (16,289 | )
|  | $ | (2,148 | ) |  |  | (15,618 | )
Amounts recognized in other comprehensive income |
($ in thousands) |  | 2012 |  |  | 2011 |
Net loss |  | $ | 3,380 |  |  |  | 16,213 |
Net transition obligation |  |  | — |  |  |  | 32 |
Prior service cost |  |  | — |  |  |  | 44 |
Amount recognized in AOCI before tax effect |  |  | 3,380 |  |  |  | 16,289 |
Tax benefit |  |  | (1,317 | ) |  |  | (6,434 | )
Net amount recognized as reduction to AOCI |  | $ | 2,063 |  |  |  | 9,855 |
Reconciliation of balances in AOCI |
($ in thousands) |  | 2012 |  |  | 2011 |
Accumulated other comprehensive loss at beginning of fiscal year |  | $ | 9,855 |  |  |  | 5,432 |
Net (gain) loss arising during period |  |  | (12,288 | ) |  |  | 7,707 |
Prior service cost |  |  | (32 | ) |  |  | — |
Transition Obligation |  |  | (30 | ) |  |  | — |
Amortization of unrecognized actuarial loss |  |  | (545 | ) |  |  | (382 | )
Amortization of prior service cost and transition obligation |  |  | (14 | ) |  |  | (13 | )
Tax expense (benefit) of changes during the year, net |  |  | 5,117 |  |  |  | (2,889 | )
Accumulated other comprehensive loss at end of fiscal year |  | $ | 2,063 |  |  |  | 9,855 |
Reconciliation of prepaid pension costs |
($ in thousands) |  | 2012 |  |  | 2011 |
Prepaid pension cost as of beginning of fiscal year |  | $ | 671 |  |  |  | 270 |
Net periodic pension cost for fiscal year |  |  | (1,876 | ) |  |  | (2,099 | )
Actual employer contributions |  |  | 2,500 |  |  |  | 2,500 |
Effect of curtailment |  |  | (63 | ) |  |  | — |
Prepaid pension asset as of end of fiscal year |  | $ | 1,232 |  |  |  | 671 |
Net pension costs |
($ in thousands) |  | 2012 |  |  | 2011 |  |  | 2010 |
Service cost – benefits earned during the period |  | $ | 1,835 |  |  |  | 1,782 |  |  |  | 1,754 |
Interest cost on projected benefit obligation |  |  | 1,451 |  |  |  | 1,638 |  |  |  | 1,555 |
Expected return on plan assets |  |  | (1,969 | ) |  |  | (1,716 | ) |  |  | (1,479 | )
Net amortization and deferral |  |  | 559 |  |  |  | 395 |  |  |  | 465 |
Net periodic pension cost |  | $ | 1,876 |  |  |  | 2,099 |  |  |  | 2,295 |
Expected benefit payments |
($ in thousands) |  | Estimated benefit payments |
Year ending December 31, 2013 |  | $ | 723 |
Year ending December 31, 2014 |  |  | 860 |
Year ending December 31, 2015 |  |  | 968 |
Year ending December 31, 2016 |  |  | 1,160 |
Year ending December 31, 2017 |  |  | 1,302 |
Years ending December 31, 2018-2022 |  |  | 9,013 |
Targeted mix of the Pension Plan's assets |
Investment type |  | Targeted % of Total Assets |  |  | Acceptable Range % of Total Assets
Fixed income investments |  |  |  |  |  |
Cash/money market account |  |  | 2% |  |  | 1%-5%
US government bond fund |  |  | 10% |  |  | 10%-20%
US corporate bond fund |  |  | 10% |  |  | 5%-15%
US corporate high yield bond fund |  |  | 5% |  |  | 0%-10%
Equity investments |  |  |  |  |  |
Large cap value fund |  |  | 20% |  |  | 20%-30%
Large cap growth fund |  |  | 20% |  |  | 20%-30%
Mid cap equity fund |  |  | 10% |  |  | 5%-15%
Small cap growth fund |  |  | 8% |  |  | 5%-15%
Foreign equity fund |  |  | 10% |  |  | 5%-15%
Company stock |  |  | 5% |  |  | 0%-10%
Investment category benchmarks |
Investment Category |  | Investment Category Benchmark |  | Range of Acceptable Deviation from Investment Category Benchmark
Fixed income investments |  |  |  |
Cash/money market account |  | Citigroup Treasury Bill Index – 3 month |  | 0-50 basis points
US government bond fund |  | Barclays Intermediate Government Bond Index |  | 0-200 basis points
US corporate bond fund |  | Barclays Aggregate Index |  | 0-200 basis points
US corporate high yield bond fund |  | Barclays High Yield Index |  | 0-200 basis points
Equity investments |  |  |  |
Large cap value fund |  | Russell 1000 Value Index |  | 0-300 basis points
Large cap growth fund |  | Russell 1000 Growth Index |  | 0-300 basis points
Mid cap equity fund |  | Russell Mid Cap Index |  | 0-300 basis points
Small cap growth fund |  | Russell 2000 Growth Index |  | 0-300 basis points
Foreign equity fund |  | MSCI EAFE Index |  | 0-300 basis points
Company stock |  | Russell 2000 Index |  | 0-300 basis points
Fair value of plan assets |
($ in thousands) |  |  |  |  |  |
|  | Total Fair Value at December 31, 2012 |  |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Fixed income investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money market funds |  | $ | 441 |  |  |  | — |  |  |  | 441 |  |  |  | — |
US government bond fund |  |  | 2,995 |  |  |  | 2,995 |  |  |  | — |  |  |  | — |
US corporate bond fund |  |  | 3,008 |  |  |  | 3,008 |  |  |  | — |  |  |  | — |
US corporate high yield bond fund |  |  | 1,563 |  |  |  | 1,563 |  |  |  | — |  |  |  | — |
Equity investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Large cap value fund |  |  | 6,101 |  |  |  | 6,101 |  |  |  | — |  |  |  | — |
Large cap growth fund |  |  | 6,020 |  |  |  | 6,020 |  |  |  | — |  |  |  | — |
Small cap growth fund |  |  | 2,514 |  |  |  | 2,514 |  |  |  | — |  |  |  | — |
Mid cap growth fund |  |  | 3,153 |  |  |  | 3,153 |  |  |  | — |  |  |  | — |
Foreign equity fund |  |  | 3,147 |  |  |  | 3,147 |  |  |  | — |  |  |  | — |
Company stock |  |  | 1,182 |  |  |  | 1,182 |  |  |  | — |  |  |  | — |
Total |  | $ | 30,124 |  |  |  | 29,683 |  |  |  | 441 |  |  |  | — |
The fair values of the Company’s pension plan assets at December 31, 2011, by asset category, are as follows:
($ in thousands) |  |  |  |  |  |
|  | Total Fair Value at December 31, 2011 |  |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Fixed income investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money market funds |  | $ | 831 |  |  |  | — |  |  |  | 831 |  |  |  | — |
US government bond fund |  |  | 2,356 |  |  |  | 2,356 |  |  |  | — |  |  |  | — |
US corporate bond fund |  |  | 2,331 |  |  |  | 2,331 |  |  |  | — |  |  |  | — |
US corporate high yield bond fund |  |  | 1,195 |  |  |  | 1,195 |  |  |  | — |  |  |  | — |
Equity investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Large cap value fund |  |  | 5,194 |  |  |  | 5,194 |  |  |  | — |  |  |  | — |
Large cap growth fund |  |  | 4,883 |  |  |  | 4,883 |  |  |  | — |  |  |  | — |
Small cap growth fund |  |  | 2,030 |  |  |  | 2,030 |  |  |  | — |  |  |  | — |
Mid cap growth fund |  |  | 2,491 |  |  |  | 2,491 |  |  |  | — |  |  |  | — |
Foreign equity fund |  |  | 2,328 |  |  |  | 2,328 |  |  |  | — |  |  |  | — |
Company stock |  |  | 827 |  |  |  | 827 |  |  |  | — |  |  |  | — |
Total |  | $ | 24,466 |  |  |  | 23,635 |  |  |  | 831 |  |  |  | — |
Assumptions used in determining actuarial information |
|  | 2012 |  |  | 2011 |  |  | 2010 |
|  | Pension Plan |  |  | SERP |  |  | Pension Plan |  |  | SERP |  |  | Pension Plan |  |  | SERP |
Discount rate used to determine net periodic pension cost |  |  | 4.39% |  |  |  | 4.39% |  |  |  | 5.59% |  |  |  | 5.59% |  |  |  | 6.00% |  |  |  | 6.00% |
Discount rate used to calculate end of year liability disclosures |  |  | 3.97% |  |  |  | 3.97% |  |  |  | 4.39% |  |  |  | 4.39% |  |  |  | 5.59% |  |  |  | 5.59% |
Expected long-term rate of return on assets |  |  | 7.75% |  |  |  | n/a |  |  |  | 7.75% |  |  |  | n/a |  |  |  | 7.75% |  |  |  | n/a |
Rate of compensation increase |  |  | 3.50% |  |  |  | 3.50% |  |  |  | 5.00% |  |  |  | 5.00% |  |  |  | 5.00% |  |  |  | 5.00% |
SERP |
Reconciliation of benefit obligation |
($ in thousands) |  | 2012 |  |  | 2011 |  |  | 2010 |
Change in benefit obligation |  |  |  |  |  |  |  |  |  |  |  |
Projected benefit obligation at beginning of year |  | $ | 8,064 |  |  |  | 7,433 |  |  |  | 6,222 |
Service cost |  |  | 303 |  |  |  | 292 |  |  |  | 408 |
Interest cost |  |  | 280 |  |  |  | 351 |  |  |  | 377 |
Actuarial (gain) loss |  |  | (1,201 | ) |  |  | 93 |  |  |  | 531 |
Benefits paid |  |  | (146 | ) |  |  | (105 | ) |  |  | (105 | )
Curtailment gain |  |  | (487 | ) |  |  | — |  |  |  | — |
Projected benefit obligation at end of year |  |  | 6,813 |  |  |  | 8,064 |  |  |  | 7,433 |
Plan assets |  |  | — |  |  |  | — |  |  |  | — |
Funded status at end of year |  | $ | (6,813 | ) |  |  | (8,064 | ) |  |  | (7,433 | )
Amounts recognized in balance sheet |
($ in thousands) |  | 2012 |  |  | 2011 |
Other assets – prepaid pension asset (liability) |  | $ | (6,614 | ) |  |  | (6,075 | )
Other liabilities |  |  | (199 | ) |  |  | (1,989 | )
|  | $ | (6,813 | ) |  |  | (8,064 | )
Amounts recognized in other comprehensive income |
($ in thousands) |  | 2012 |  |  | 2011 |
Net (gain) loss |  | $ | 199 |  |  |  | 1,887 |
Prior service cost |  |  | — |  |  |  | 102 |
Amount recognized in AOCI before tax effect |  |  | 199 |  |  |  | 1,989 |
Tax benefit |  |  | (79 | ) |  |  | (786 | )
Net amount recognized as reduction to AOCI |  | $ | 120 |  |  |  | 1,203 |
Reconciliation of balances in AOCI |
($ in thousands) |  | 2012 |  |  | 2011 |
Accumulated other comprehensive loss at beginning of fiscal year |  | $ | 1,203 |  |  |  | 1,165 |
Net (gain) loss arising during period |  |  | (1,687 | ) |  |  | 93 |
Prior service cost |  |  | (83 | ) |  |  | — |
Amortization of unrecognized actuarial loss |  |  | — |  |  |  | (12 | )
Amortization of prior service cost and transition obligation |  |  | (19 | ) |  |  | (19 | )
Tax expense (benefit) of changes during the year, net |  |  | 706 |  |  |  | (24 | )
Accumulated other comprehensive loss at end of fiscal year |  | $ | 120 |  |  |  | 1,203 |
Reconciliation of prepaid pension costs |
($ in thousands) |  | 2012 |  |  | 2011 |
Prepaid pension cost (liability) as of beginning of fiscal year |  | $ | (6,075 | ) |  |  | (5,507 | )
Net periodic pension cost for fiscal year |  |  | (602 | ) |  |  | (673 | )
Benefits paid |  |  | 146 |  |  |  | 105 |
Effect of curtailment |  |  | (83 | ) |  |  | — |
Prepaid pension cost (liability) as of end of fiscal year |  | $ | (6,614 | ) |  |  | (6,075 | )
Net pension costs |
($ in thousands) |  | 2012 |  |  | 2011 |  |  | 2010 |
Service cost – benefits earned during the period |  | $ | 303 |  |  |  | 292 |  |  |  | 408 |
Interest cost on projected benefit obligation |  |  | 280 |  |  |  | 351 |  |  |  | 377 |
Net amortization and deferral |  |  | 19 |  |  |  | 30 |  |  |  | 100 |
Net periodic pension cost |  | $ | 602 |  |  |  | 673 |  |  |  | 885 |
Expected benefit payments |
($ in thousands) |  | Estimated benefit payments |
Year ending December 31, 2013 |  | $ | 215 |
Year ending December 31, 2014 |  |  | 220 |
Year ending December 31, 2015 |  |  | 263 |
Year ending December 31, 2016 |  |  | 330 |
Year ending December 31, 2017 |  |  | 357 |
Years ending December 31, 2018-2022 |  |  | 2,309 |

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