Employee Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2013

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



	At or for the nine months ended September 30,
	2013			2012
Change in benefit obligation
Benefit obligation at beginning of year	$	1,954,000		$	1,848,000
Service cost	12,000			51,000
Interest cost	78,000			84,000
Benefits paid	(95,000		)	(102,000		)
Benefit obligation at end of period	1,949,000			1,881,000
Funded status
Benefit obligation at end of period	(1,949,000		)	(1,881,000		)
Accrued benefit cost at end of period	$	(1,949,000	)	$	(1,881,000	)

The following table sets forth the net periodic pension cost:



	For the nine months ended September 30,				For the quarters ended September 30,
	2013		2012		2013		2012
Components of net periodic benefit cost
Service cost	$	12,000	$	51,000	$	4,000	$	17,000
Interest cost	78,000		84,000		26,000		28,000
Amortization of unrecognized transition obligation	5,000		21,000		—		7,000
Amortization of accumulated losses	6,000		8,000		2,000		2,000
Net periodic benefit cost	$	101,000	$	164,000	$	32,000	$	54,000

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



	September 30, 2013			December 31, 2012			September 30, 2012
Unamortized net actuarial loss	$	(182,000	)	$	(186,000	)	$	(100,000	)
Unrecognized transition obligation	—			(5,000		)	(13,000		)
	(182,000		)	(191,000		)	(113,000		)
Deferred tax benefit at 35%	67,000			68,000			41,000
Net unrecognized postretirement benefits included in accumulated other comprehensive income (loss)	$	(115,000	)	$	(123,000	)	$	(72,000	)