Employee Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2013

The following table sets forth the accumulated postretirement benefit obligation and funded status:



	At or for the six months ended June 30,
	2013			2012
Change in benefit obligation
Benefit obligation at beginning of year	$	1,954,000		$	1,848,000
Service cost	8,000			34,000
Interest cost	52,000			56,000
Benefits paid	(68,000		)	(68,000		)
Benefit obligation at end of period	1,946,000			1,870,000
Funded status
Benefit obligation at end of period	(1,946,000		)	(1,870,000		)
Accrued benefit cost at end of period	$	(1,946,000	)	$	(1,870,000	)

The following table sets forth the net periodic pension cost:



	For the six months ended June 30,				For the quarters ended June 30,
	2013		2012		2013		2012
Components of net periodic benefit cost
Service cost	$	8,000	$	34,000	$	4,000	$	17,000
Interest cost	52,000		56,000		26,000		28,000
Amortization of unrecognized transition obligation	5,000		14,000		—		7,000
Amortization of accumulated losses	4,000		6,000		4,000		3,000
Net periodic benefit cost	$	69,000	$	110,000	$	34,000	$	55,000

Amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive income (loss) are as follows:



	June 30, 2013			December 31, 2012			June 30, 2012
Unamortized net actuarial loss	$	(182,000	)	$	(186,000	)	$	(100,000	)
Unrecognized transition obligation	—			(5,000		)	(20,000		)
	(182,000		)	(191,000		)	(120,000		)
Deferred tax benefit at 35%	67,000			68,000			43,000
Net unrecognized postretirement benefits included in accumulated other comprehensive income (loss)	$	(115,000	)	$	(123,000	)	$	(77,000	)