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Retirement Plans (Tables)

12 Months Ended

Dec. 31, 2021

Retirement Benefits [Abstract]

Information about Pension Plan

Information about the pension plan is as follows:

		2021				2020
Change in benefit obligation:
Beginning benefit obligation		$	16,656			$	15,570
Service cost			—				—
Interest cost			378				484
Curtailment gain			—				—
Settlement loss			—				—
Actuarial (gain)/loss			(921	)			1,898
Benefits paid			(711	)			(1,296	)
Settlement payments			(18	)			—
Ending benefit obligation			15,384				16,656
Change in plan assets, at fair value:
Beginning plan assets			15,257				15,183
Actual return			574				1,370
Employer contribution			—				—
Benefits paid			(711	)			(1,296	)
Settlement payments			—				—
Administrative expenses			—				—
Ending plan assets			15,120				15,257
Funded status at end of year		$	(264	)		$	(1,399	)

Components of Net Periodic Pension Expense

The components of net periodic pension expense were as follows:

		2021				2020				2019
Service cost		$	—			$	—			$	—
Interest cost			378				484				479
Expected return on plan assets			(574	)			(748	)			(811	)
Net amortization and deferral			240				289				156
Net periodic pension cost (benefit)			44				25				(176	)
Additional loss due to settlement			—				—				0
Total pension cost (benefit)		$	44			$	25			$	(176	)
Net loss (gain) recognized in other comprehensive income		$	(854	)		$	986			$	2,798
Total recognized in net periodic benefit cost and other comprehensive loss (before tax)		$	(810	)		$	1,011			$	2,622

Weighted Average Assumptions Used to Determine Benefit Obligations and Net Periodic Pension Cost

The weighted average assumptions used to determine benefit obligations at year-end were as follows:

		2021				2020				2019
Discount rate on benefit obligation			2.74	%			2.39	%			3.13	%
Long-term rate of return on plan assets			3.84	%			4.44	%			4.96	%
Rate of compensation increase			0.00	%			0.00	%			0.00	%

The weighted average assumptions used to determine net periodic pension cost were as follows:

		2021				2020				2019
Discount rate on benefit obligation			2.39	%			3.13	%			4.14	%
Long-term rate of return on plan assets			4.44	%			4.96	%			7.00	%
Rate of compensation increase			0.00	%			0.00	%			0.00	%

Schedule of Pension Plan Asset Allocation and Target Allocation by Asset Category

The Company’s pension plan asset allocation at year-end 2021 and 2020 and target allocation for 2022 by asset category are as follows:

		Target   Allocation				Percentage of Plan Assets at Year-end
Asset Category		2022				2021				2020
Equity securities			0-30	%			20.0	%			20.0	%
Debt securities			70-100				80.0				80.0
Total							100.0	%			100.0	%

Summary of Investments Measured at Fair Value Based on NAV Per Share

The following table summarizes investments measured at fair value based on NAV per share as of December 31, 2021 and 2020, respectively:

December 31, 2021

Fair Value

Unfunded   Commitments

Redemption Frequency (if currently eligible)

Redemption   Notice Period

Common/collective trust funds

$

15,120

N/A

Daily

Daily

December 31, 2020

Fair Value

Unfunded   Commitments

Redemption Frequency (if currently eligible)

Redemption   Notice Period

Common/collective trust funds

$

15,257

N/A

Daily

Daily

Summary of Expected Benefit Payments

Expected benefit payments, which reflect expected future service, are as follows:

2022		$	246
2023			288
2024			327
2025			391
2026			491
2027 through 2031			3,100
Total		$	4,843

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