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Employee Benefit Plans (Tables)

12 Months Ended

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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Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

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