Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2013

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Accumulated post-retirement benefit obligation, funded status, net periodic benefit cost and assumptions used

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



At December 31,	2013			2012			2011
Change in benefit obligations
Benefit obligation at beginning of year:	$	1,954,000		$	1,848,000		$	1,796,000
Service cost	21,000			16,000			12,000
Interest cost	86,000			107,000			112,000
Benefits paid	(107,000		)	(103,000		)	(134,000		)
Actuarial (gain) loss	(475,000		)	86,000			62,000
Benefit obligation at end of year:	$	1,479,000		$	1,954,000		$	1,848,000
Funded status
Benefit obligation at end of year	$	(1,479,000	)	$	(1,954,000	)	$	(1,848,000	)
Unamortized (gain) loss	(289,000		)	186,000			100,000
Unrecognized transition obligation	—			5,000			34,000
Accrued benefit cost	$	(1,768,000	)	$	(1,763,000	)	$	(1,714,000	)
Weighted average discount rate as of December 31	5.0		%	4.5		%	6.5		%

Schedule of net benefit costs

The following table sets forth the net periodic pension cost:



For the years ended December 31,	2013			2012			2011
Components of net periodic benefit cost
Service cost	$	21,000		$	16,000		$	12,000
Interest cost	86,000			107,000			112,000
Amortization of unrecognized transition obligation	5,000			29,000			29,000
Amortization of accumulated losses	—			—			11,000
Net periodic benefit cost	$	112,000		$	152,000		$	164,000
Weighted average discount rate for net periodic cost	4.5		%	6.5		%	6.5		%

Schedule of net periodic benefit cost not yet recognized

In accordance with FASB ASC Topic 715, "Compensation – Retirement Benefits", amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive income (loss) are as follows:



At December 31,	2013			2012			Portion to Be Recognized in Income in 2014
Unamortized net actuarial gain (loss)	$	289,000		$	(186,000	)	$	12,000
Unrecognized transition obligation	—			(5,000		)	—
	289,000			(191,000		)	12,000
Deferred tax benefit (expense) at 35%	(101,000		)	68,000			(4,000		)
Net unrecognized post-retirement benefits included in accumulated other comprehensive income (loss)	$	188,000		$	(123,000	)	$	8,000