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Supplemental Retirement Benefits | 12 Months Ended
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Dec. 31, 2015
Supplemental Retirement Benefits. |
Supplemental Retirement Benefits | (13)Supplemental Retirement Benefits The Company provides discretionary supplemental retirement benefits for certain retired officers, which will provide an annual benefit to these individuals for various terms following separation from employment. The Company recorded an expense of approximately $4,000, $23,000, and $17,000 for the years ended December 31, 2015, 2014 and 2013, respectively. The present value of the supplemental retirement obligation has been calculated using a 4.0% discount rate, and is included in retirement and other liabilities. Total projected future cash payments for the years ending December 31, 2016 through 2019, are approximately $25,000 for each year.

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- Definition The entire disclosure for supplemental retirement benefits for certain retired officers. + References No definition available. + Details
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