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Employee Benefit Plans (Tables) | 12 Months Ended
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Dec. 31, 2016
Employee Benefit Plans [Abstract] |
Reconciliation Of The Plan's Benefit Obligations, Fair Value Of Assets And The Funded Status |
|  | 2016 |  |  | 2015 |
Change in projected benefit obligation: |  |  |  |  |  |
Projected benefit obligation at beginning of period | $ | 59,232 |  | $ | 61,732 |
Service cost |  | 2,885 |  |  | 2,324 |
Interest cost |  | 2,402 |  |  | 2,328 |
Actuarial (gain) loss |  | 1,210 |  |  | (4,406 | )
Benefits paid and plan expenses |  | (2,727 | ) |  | (2,746 | )
Projected benefit obligation at end of period |  | 63,002 |  |  | 59,232 |
Change in plan assets: |  |  |  |  |  |
Fair value of plan assets at beginning of period |  | 72,358 |  |  | 75,584 |
Actual return on plan assets |  | 5,621 |  |  | (480 | )
Employer contributions |  | - |  |  | - |
Benefits paid and plan expenses |  | (2,727 | ) |  | (2,746 | )
Fair value of plan assets at end of period |  | 75,252 |  |  | 72,358 |
Funded status at end of period | $ | 12,250 |  | $ | 13,126 |
Estimated Benefit Payments Under The Pension Plan |
2017 | $ | 2,446
2018 |  | 2,492
2019 |  | 2,741
2020 |  | 3,076
2021 |  | 3,177
2022 - 2026 |  | 19,221
Components Of Net Periodic Benefit Expense |
|  | 2016 |  |  | 2015 |  |  | 2014 |
Service cost | $ | 2,885 |  | $ | 2,324 |  | $ | 1,918 |
Interest cost on projected benefit obligation |  | 2,402 |  |  | 2,328 |  |  | 2,291 |
Expected return on plan assets |  | (4,600 | ) |  | (4,820 | ) |  | (4,117 | )
Amortization of unrecognized loss |  | 938 |  |  | 926 |  |  | 159 |
Amortization of unrecognized prior service cost |  | 20 |  |  | 20 |  |  | 20 |
Net periodic pension cost | $ | 1,645 |  | $ | 778 |  | $ | 271 |
Actuarial Assumptions Used | The actuarial assumptions used to determine the net periodic pension cost were as follows:
| 2016 |  | 2015 |  | 2014 |
Weighted average discount rate | 4.21 | % | 3.86 | % | 4.80 | %
Rate of compensation increase | 3.00 | % | 3.00 | % | 3.00 | %
Expected long-term rate of return | 6.50 | % | 6.50 | % | 6.50 | %
The actuarial assumptions used to determine the projected benefit obligation were as follows:
| 2016 |  | 2015 |  | 2014 |
Weighted average discount rate | 4.00 | % | 4.21 | % | 3.86 | %
Rate of compensation increase | 3.00 | % | 3.00 | % | 3.00 | %
Target Allocation, Percentage Of Plan Assets And Weighted Average Expected Rate Of Return |
|  |  |  |  |  | Weighted |
|  |  |  |  |  | Average |
| 2016 | Percentage of Plan Assets |  | Expected |
| Target | at December 31, |  | Long-term |
| Allocation | 2016 |  | 2015 |  | Rate of Return |
Asset category: |  |  |  |  |  |  |
Cash equivalents | 0– 20% | 6.1 | % | 5.2 | % | 0.18 | %
Equity securities | 40– 60 | 47.9 |  | 47.2 |  | 3.89 |
Fixed income securities | 40– 60 | 42.6 |  | 43.9 |  | 2.14 |
Other financial instruments | 0– 5 | 3.4 |  | 3.7 |  | 0.26 |
Changes In Fair Value Of Plan Assets |
Level 3 assets, January 1, 2015 | $ | - |
Purchases |  | 2,334 |
Unrealized gains |  | 336 |
Level 3 assets, December 31, 2015 |  | 2,670 |
Realized Gain |  | 52 |
Sales |  | (381 | )
Unrealized gains |  | 296 |
Level 3 assets, December 31, 2016 | $ | 2,637 |
The Major Categories Of Plan Assets Measured At Fair Value On a Recurring Basis |
|  | Level 1 |  | Level 2 |  | Level 3 |  | Total
|  | Inputs |  | Inputs |  | Inputs |  | Fair Value
2016 |  |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |  |
Foreign currencies | $ | 99 | $ | - | $ | - | $ | 99
Short term investment funds |  | - |  | 4,454 |  | - |  | 4,454
Total cash equivalents |  | 99 |  | 4,454 |  | - |  | 4,553
Equity securities: |  |  |  |  |  |  |  |
Common stock |  | 13,326 |  | - |  | - |  | 13,326
Depository receipts |  | 391 |  | - |  | - |  | 391
Commingled pension trust funds |  | - |  | 22,302 |  | - |  | 22,302
Total equity securities |  | 13,717 |  | 22,302 |  | - |  | 36,019
Fixed income securities: |  |  |  |  |  |  |  |
Collateralized mortgage obligations |  | - |  | 633 |  | - |  | 633
Commingled pension trust funds |  | - |  | 18,151 |  | - |  | 18,151
Corporate bonds |  | - |  | 2,862 |  | - |  | 2,862
FNMA |  | - |  | 579 |  | - |  | 579
Government securities |  | - |  | 9,783 |  | - |  | 9,783
Mortgage backed securities |  | - |  | 35 |  | - |  | 35
Total fixed income securities |  | - |  | 32,043 |  | - |  | 32,043
Other investments: |  |  |  |  |  |  |  |
Commingled pension trust funds - Realty |  | - |  | - |  | 2,637 |  | 2,637
Total Plan investments | $ | 13,816 | $ | 58,799 | $ | 2,637 | $ | 75,252
|  | Level 1 |  | Level 2 |  | Level 3 |  | Total
|  | Inputs |  | Inputs |  | Inputs |  | Fair Value
2015 |  |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |  |
Foreign currencies | $ | 35 | $ | - | $ | - | $ | 35
Short term investment funds |  | - |  | 3,745 |  | - |  | 3,745
Total cash equivalents |  | 35 |  | 3,745 |  | - |  | 3,780
Equity securities: |  |  |  |  |  |  |  |
Common stock |  | 13,083 |  | - |  | - |  | 13,083
Depository receipts |  | 336 |  | - |  | - |  | 336
Commingled pension trust funds |  | - |  | 10,557 |  | - |  | 10,557
Exchange traded funds |  | 10,190 |  | - |  | - |  | 10,190
Total equity securities |  | 23,609 |  | 10,557 |  | - |  | 34,166
Fixed income securities: |  |  |  |  |  |  |  |
Collateralized mortgage obligations |  | - |  | 608 |  | - |  | 608
Commingled pension trust funds |  | - |  | 17,889 |  | - |  | 17,889
Corporate bonds |  | - |  | 3,439 |  | - |  | 3,439
FHLMC |  | - |  | 276 |  | - |  | 276
FNMA |  | - |  | 1,966 |  | - |  | 1,966
GNMA II |  | - |  | 384 |  | - |  | 384
Government issues |  | - |  | 7,180 |  | - |  | 7,180
Total fixed income securities |  | - |  | 31,742 |  | - |  | 31,742
Other Investments: |  |  |  |  |  |  |  |
Commingled pension trust funds - Realty |  | - |  | - |  | 2,670 |  | 2,670
Total Plan investments | $ | 23,644 | $ | 46,044 | $ | 2,670 | $ | 72,358
Components Of Accumulated Other Comprehensive Loss Related To Defined Benefit Plan And Postretirement Benefit Plan |
|  | 2016 |  |  | 2015 |
Defined benefit plan: |  |  |  |  |  |
Net actuarial loss | $ | (16,966 | ) | $ | (17,715 | )
Prior service cost |  | (12 | ) |  | (32 | )
|  | (16,978 | ) |  | (17,747 | )
Postretirement benefit plan: |  |  |  |  |  |
Net actuarial loss |  | (198 | ) |  | (162 | )
Prior service credit |  | 237 |  |  | 304 |
|  | 39 |  |  | 142 |
Total |  | (16,939 | ) |  | (17,605 | )
Deferred tax benefit |  | 6,717 |  |  | 6,974 |
Amounts included in accumulated other comprehensive loss | $ | (10,222 | ) | $ | (10,631 | )
Changes In Plan Assets And Benefit Obligations Recognized In Other Comprehensive Income |
|  | 2016 |  |  | 2015 |
Defined benefit plan: |  |  |  |  |  |
Net actuarial loss | $ | (189 | ) | $ | (894 | )
Amortization of net loss |  | 938 |  |  | 926 |
Amortization of prior service cost |  | 20 |  |  | 20 |
|  | 769 |  |  | 52 |
Postretirement benefit plan: |  |  |  |  |  |
Net actuarial (loss) gain |  | (53 | ) |  | 7 |
Amortization of net loss |  | 17 |  |  | 17 |
Amortization of prior service credit |  | (67 | ) |  | (68 | )
|  | (103 | ) |  | (44 | )
Total recognized in other comprehensive income | $ | 666 |  | $ | 8 |

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- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(5) -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920 + Details
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