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Pension and Other Benefits (Tables) | 12 Months Ended
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Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract] |
Schedule of Changes in Projected Benefit Obligations [Table Text Block] | The following table sets forth changes in projected benefit obligation, changes in fair value of plan assets, funded status, and amounts recognized in the consolidated statements of condition for the Company’s pension plans at December 31, 2015 and 2014.
|  | 2015 |  | 2014
|  | (dollars in thousands)
Change in Benefit Obligation: |  |  |  |  |  |
Projected benefit obligation at beginning of year |  | $ | 15,074 |  | $ | 13,569
Interest cost |  |  | 519 |  |  | 576
Actuarial (gain) loss |  |  | (466) |  |  | 2,023
Benefits paid |  |  | (717) |  |  | (701)
Settlements |  |  | (1,342) |  |  | (393)
Projected benefit obligation at end of year |  | $ | 13,068 |  | $ | 15,074
Change in Plan Assets: |  |  |  |  |  |
Fair value of plan assets at beginning year |  | $ | 10,414 |  | $ | 11,026
Actual return on plan assets |  |  | (296) |  |  | 413
Employer contributions |  |  | 2,000 |  |  | -
Benefits paid |  |  | (717) |  |  | (701)
Settlements |  |  | (1,114) |  |  | (324)
Fair value of plan assets at end of year |  | $ | 10,287 |  | $ | 10,414
Funded status |  | $ | (2,781) |  | $ | (4,660)
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block] | The Company expects to recognize approximately $295,000 of the net actuarial loss reported in the following table as of December 31, 2015 as a component of net periodic pension expense during 2016.
|  | 2015 |  | 2014
Net actuarial loss recognized in accumulated other |  |  |  |  |  |
comprehensive income |  | $ | 6,677 |  | $ | 7,595
Schedule of Net Benefit Costs [Table Text Block] | The net periodic pension expense and other comprehensive income (before tax) for 2015, 2014 and 2013 includes the following:
|  | 2015 |  | 2014 |  | 2013
|  | (dollars in thousands)
Interest cost |  | $ | 519 |  | $ | 576 |  | $ | 529
Expected return on plan assets |  |  | (562) |  |  | (596) |  |  | (488)
Net amortization |  |  | 433 |  |  | 223 |  |  | 375
Recognized settlement loss |  |  | 650 |  |  | 1 |  |  | -
Total net periodic pension expense |  | $ | 1,040 |  | $ | 204 |  | $ | 416
Total (gain) loss recognized in other comprehensive income |  |  | (918) |  |  | 1,896 |  |  | (654)
Total recognized in net periodic expense and other comprehensive income (before tax) |  | $ | 122 |  | $ | 2,100 |  | $ | (238)
Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block] | The following table presents the assumptions used to calculate the projected benefit obligation in each of the last three years.
|  | 2015 |  | 2014 |  | 2013
Discount rate |  | 4.06% |  | 3.76% |  | 4.84%
Rate of compensation increase |  | N/A |  | N/A |  | N/A
Expected long-term rate of return on plan assets |  | 5.50% |  | 5.50% |  | 5.50%
The following information is provided for the year ended December 31:
|  | 2015 |  | 2014 |  | 2013
|  | (dollars in thousands)
Weighted average assumptions used to determine net |  |  |  |  |  |
periodic benefit cost for years ended December 31 |  |  |  |  |  |
Discount rate |  | 3.76% |  | 4.84% |  | 4.03%
Expected long-term return on plan assets |  | 5.50% |  | 5.50% |  | 5.50%
Rate of compensation increase |  | N/A |  | N/A |  | N/A
Schedule of Allocation of Plan Assets [Table Text Block] | The Company’s pension plan asset allocation as of December 31, 2015 and 2014, target allocation for 2016, and expected long-term rate of return by asset are as follows:
|  |  |  |  |  |  |  |  |  | Weighted
|  |  |  |  |  |  |  |  |  | Average
|  |  |  | % of Plan |  | % of Plan |  | Expected
|  |  |  | Assets – |  | Assets – |  | Long-Term
|  | Target |  | Year Ended |  | Year Ended |  | Rate of
No Related Allowance Recorded |  | Allocation |  | 2015 |  | 2014 |  | Return
Equity Securities |  |  |  |  |  |  |  |  |  |  |
Domestic |  | 48% |  |  | 47% |  |  | 42% |  |  | 2.9%
International |  | 13% |  |  | 15% |  |  | 13% |  |  | 0.8%
Debt and/or fixed income securities |  | 29% |  |  | 28% |  |  | 36% |  |  | 1.3%
Mutual funds |  | 8% |  |  | 8% |  |  | - |  |  | 0.5%
Cash and other alternative investments, |  |  |  |  |  |  |  |  |  |  |
including real estate funds, hedge funds and |  |  |  |  |  |  |  |  |  |  |
equity structured notes |  | 2% |  |  | 2% |  |  | 9% |  |  | 0%
Total |  | 100% |  | $ | 100% |  | $ | 100% |  | $ | 5.5%
Schedule of Changes in Fair Value of Plan Assets [Table Text Block] | The fair values of the Company’s pension plan assets at December 31, 2015 and 2014, by asset class, are as follows:
|  | December 31, |  |  |  |  |  |  |  |  |
|  | 2015 |  | Fair Value Measurements at Reporting Date Using
|  |  |  |  | Quoted Prices |  | Significant |  |  |
|  |  |  |  | in Active |  | Other |  | Significant
|  |  |  |  | Markets for |  | Observable |  | Unobservable
|  |  |  |  | Identical Assets |  | Inputs |  | Inputs
Asset Class |  |  |  |  | (Level 1) |  | (Level 2) |  | (Level 3)
|  | (dollars in thousands)
Cash |  | $ | 114 |  | $ | 114 |  | $ | - |  | $ | -
Equity securities: |  |  |  |  |  |  |  |  |  |  |  |
U.S. companies |  |  | 4,832 |  |  | 4,832 |  |  | - |  |  | -
International |  |  |  |  |  |  |  |  |  |  |  |
companies |  |  | 1,584 |  |  | 1,584 |  |  | - |  |  | -
Debt and/or fixed |  |  |  |  |  |  |  |  |  |  |  |
income securities |  |  | 2,904 |  |  | 2,904 |  |  |  |  |  |
Real estate funds |  |  | 73 |  |  | 73 |  |  | - |  |  | -
Mutual funds |  |  | 780 |  |  | 780 |  |  | - |  |  | -
Total |  | $ | 10,287 |  | $ | 10,287 |  | $ | - |  | $ | -
|  | December 31, |  |  |  |  |  |  |  |  |
|  | 2014 |  | Fair Value Measurements at Reporting Date Using
|  |  |  |  | Quoted Prices |  | Significant |  |  |
|  |  |  |  | in Active |  | Other |  | Significant
|  |  |  |  | Markets for |  | Observable |  | Unobservable
|  |  |  |  | Identical Assets |  | Inputs |  | Inputs
Asset Class |  |  |  |  | (Level 1) |  | (Level 2) |  | (Level 3)
|  | (dollars in thousands)
Cash |  | $ | 869 |  | $ | 869 |  | $ | - |  | $ | -
Equity securities: |  |  |  |  |  |  |  |  |  |  |  |
U.S. companies |  |  | 4,304 |  |  | 4,304 |  |  | - |  |  | -
International |  |  |  |  |  |  |  |  |  |  |  |
companies |  |  | 1,394 |  |  | 1,394 |  |  | - |  |  | -
Debt and/or fixed |  |  |  |  |  |  |  |  |  |  |  |
income securities |  |  | 3,754 |  |  | 3,754 |  |  |  |  |  |
Real estate funds |  |  | 93 |  |  | 93 |  |  | - |  |  | -
Total |  | $ | 10,414 |  | $ | 10,414 |  | $ | - |  | $ | -
Schedule of Defined Benefit Plans Disclosures [Table Text Block] | The following benefit payments, which reflect expected future service, as appropriate, for the following years are as follows (in thousands):
2016 |  | $ | 744
2017 |  |  | 744
2018 |  |  | 733
2019 |  |  | 744
2020 |  |  | 751
2021-2025 |  |  | 3,765

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