Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2015

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,	2015			2014			2013
Change in benefit obligations
Benefit obligation at beginning of year:	$	1,928,000		$	1,479,000		$	1,954,000
Service cost	—			—			21,000
Interest cost	80,000			71,000			86,000
Benefits paid	(102,000		)	(100,000		)	(107,000		)
Actuarial (gain) loss	61,000			478,000			(475,000		)
Benefit obligation at end of year:	$	1,967,000		$	1,928,000		$	1,479,000
Funded status
Benefit obligation at end of year	$	(1,967,000	)	$	(1,928,000	)	$	(1,479,000	)
Unamortized (gain) loss	240,000			192,000			(289,000		)
Unrecognized transition obligation	—			—			—
Accrued benefit cost	$	(1,727,000	)	$	(1,736,000	)	$	(1,768,000	)
Weighted average discount rate as of December 31	4.25		%	4.25		%	5.00		%

Schedule of net benefit costs

The following table sets forth the net periodic benefit cost:



For the years ended December 31,	2015			2014			2013
Components of net periodic benefit cost
Service cost	$	—		$	—		$	21,000
Interest cost	80,000			71,000			86,000
Amortization of unrecognized transition obligation	—			—			5,000
Amortization of gain	—			(12,000		)	—
Other settlement expense	12,000			10,000			—
Net periodic benefit cost	$	92,000		$	69,000		$	112,000
Weighted average discount rate for net periodic cost	4.25		%	5.00		%	4.50		%

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,	2015			2014			Portion to Be Recognized in Income in 2016
Unamortized net actuarial loss	$	(240,000	)	$	(192,000	)
Deferred tax benefit at 35%	84,000			67,000			—
Net unrecognized post-retirement benefits included in accumulated other comprehensive income (loss)	$	(156,000	)	$	(125,000	)	$	—