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Employee Benefit Plans | 12 Months Ended
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Dec. 31, 2018
Compensation And Retirement Disclosure [Abstract] |
Employee Benefit Plans | NOTE 16 – EMPLOYEE BENEFIT PLANS The Company has a qualified 401(k) deferred compensation Retirement Savings Plan (the “Savings Plan”). All employees of the Company who have completed at least 90 days of service and meet certain other eligibility requirements are eligible to participate in the Savings Plan. Under the terms of the Savings Plan, employees may voluntarily defer a portion of their annual compensation pursuant to section 401(k) of the Internal Revenue Code. The Company matches a percentage of the participants’ voluntary contributions up to 6% of gross wages. In addition, at the discretion of the Board of Directors, the Company may make an additional profit sharing contribution to the Savings Plan. Total expense was $573 thousand, $556 thousand and $506 thousand for the years ended December 31, 2018, 2017 and 2016, respectively. During 2014, the Company adopted a profit sharing plan to provide associates not participating in a current incentive plan a vehicle for sharing in the success of the Company outside of existing wages and non-monetary benefits. The Board of Directors approved a profit sharing amount equal to 1% of annual compensation for associates in 2018, 2017 and 2016. The expense was $78 thousand, $105 thousand and $103 thousand for the years ended December 31, 2018, 2017 and 2016, respectively. The Company maintains a deferred compensation plan for certain retirees. Expense under this plan was $8 thousand for the years ended December 31, 2018 and 2017 and $9 thousand for the year ended December 31, 2016. The liability under the deferred compensation plan at December 31, 2018 was $124 thousand and $133 thousand at December 31, 2017. During 2015, the Company established a nonqualified deferred compensation plan for a select group of management or highly compensated eligible individuals. Under the terms of the plan, eligible individuals may elect to defer receipt of their compensation to a later taxable year. The Company has recorded both an asset and liability of equal amount that represents the amount of contributions and the payable due to the participants in the plan. The recorded asset and liability was $753 thousand, $566 thousand and $345 thousand at December 31, 2018, 2017 and 2016, respectively. As part of the NBOH acquisition the Company has a director retirement and death benefit plan for the benefit of prior members of the Board of Directors of NBOH. The plan is designed to provide an annual retirement benefit to be paid to each director upon retirement from the Board and attaining age 70. There are no additional benefits or participants being added to the plan and the liability recorded at December 31, 2018 and 2017 was $941 thousand and $1 million, respectively. The benefit payment upon satisfying the plan’s requirements is a benefit to the qualifying director until death or a maximum of 15 years. A benefit was recognized under the plan of $19 thousand in 2018. An expense under this plan of $91 thousand and $130 was recorded in 2017 and 2016, respectively. The Company assumed an employee stock ownership plan (“ESOP”) as part of the Tri-State acquisition that covered substantially all of their employees and officers. The Company terminated this plan during 2017. The trustee had discretionary authority to purchase shares of common stock of Tri-State on the open market. There were no contributions to the plan in 2018 or 2017. During the acquisition, the Tri-State ESOP shares were converted to the Company’s shares and distributed to participants. The trustee held no shares at December 31, 2018, and 2017. The Company had a postretirement health care benefit plan that covered individuals retired from the Company that met certain service and age requirements and certain other active employees that have met similar service requirements. The Company terminated the plan during 2017. A benefit was recognized under the plan of $70 thousand and $184 thousand at December 31, 2017 and 2016, respectively. Due to the termination of the plan the accrued postretirement benefit liability at December 31, 2018 and 2017 is $0. Due to the immateriality of the plan, the disclosures required under U.S. generally accepted accounting principles have been omitted.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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