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Employee benefit plans
3 Months Ended
Mar. 31, 2014
Compensation And Retirement Disclosure [Abstract]  
Employee benefit plans

8. Employee benefit plans:

The Company provides an Employee Stock Ownership Plan (“ESOP”), a Retirement Profit Sharing 401(k) Plan, an Employees’ Pension Plan, which is currently frozen, a supplemental executive defined benefit plan (currently frozen), a supplemental executive defined contribution plan, non-qualified supplemental executive retirement plans (“SERP”), a Postretirement Life Insurance Plan, which was curtailed in 2013, a Stock Appreciation Rights Plan (SAR) and a Long-Term Incentive Plan.

Salaries and employee benefits expense includes approximately $250 and $148 relating to the employee benefit plans for the three months ended March 31, 2014 and 2013.

Components of net periodic benefit cost are as follows:

 

     Pension Benefits     Postretirement Life
Insurance Benefits
 

Three months ended March 31,

   2014     2013     2014      2013  

Net periodic pension cost:

         

Service cost

     $        $         $ 11   

Interest cost

     169      $ 162           33   

Expected return on plan assets

     (227     (207     

Amortization of prior service cost

         

Amortization of unrecognized net loss

     23        45           29   
  

 

 

   

 

 

   

 

 

    

 

 

 

Net periodic pension cost

   $ (35   $        $         $ 73