Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2014

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,	2014			2013			2012
Change in benefit obligations
Benefit obligation at beginning of year:	$	1,479,000		$	1,954,000		$	1,848,000
Service cost	—			21,000			16,000
Interest cost	71,000			86,000			107,000
Benefits paid	(100,000		)	(107,000		)	(103,000		)
Actuarial (gain) loss	478,000			(475,000		)	86,000
Benefit obligation at end of year:	$	1,928,000		$	1,479,000		$	1,954,000
Funded status
Benefit obligation at end of year	$	(1,928,000	)	$	(1,479,000	)	$	(1,954,000	)
Unamortized (gain) loss	192,000			(289,000		)	186,000
Unrecognized transition obligation	—			—			5,000
Accrued benefit cost	$	(1,736,000	)	$	(1,768,000	)	$	(1,763,000	)
Weighted average discount rate as of December 31	4.25		%	5.00		%	4.50		%

Schedule of net benefit costs

The following table sets forth the net periodic pension cost:



For the years ended December 31,	2014			2013			2012
Components of net periodic benefit cost
Service cost	$	—		$	21,000		$	16,000
Interest cost	71,000			86,000			107,000
Amortization of unrecognized transition obligation	—			5,000			29,000
Amortization of gain	(12,000		)	—			—
Other settlement expense	10,000			—			—
Net periodic benefit cost	$	69,000		$	112,000		$	152,000
Weighted average discount rate for net periodic cost	5.00		%	4.50		%	6.50		%

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,	2014			2013			Portion to Be Recognized in Income in 2015
Unamortized net actuarial gain (loss)	$	(192,000	)	$	289,000		$	—
Deferred tax benefit (expense) at 35%	67,000			(101,000		)	—
Net unrecognized post-retirement benefits included in accumulated other comprehensive income (loss)	$	(125,000	)	$	188,000		$	—