Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2016

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,	2016			2015			2014
Change in benefit obligations
Benefit obligation at beginning of year:	$	1,967,000		$	1,928,000		$	1,479,000
Interest cost	81,000			80,000			71,000
Benefits paid	(109,000		)	(102,000		)	(100,000		)
Actuarial (gain) loss	(69,000		)	61,000			478,000
Benefit obligation at end of year:	$	1,870,000		$	1,967,000		$	1,928,000
Funded status
Benefit obligation at end of year	$	(1,870,000	)	$	(1,967,000	)	$	(1,928,000	)
Unamortized loss	156,000			240,000			192,000
Accrued benefit cost	$	(1,714,000	)	$	(1,727,000	)	$	(1,736,000	)
Weighted average discount rate as of December 31	4.25		%	4.25		%	4.25		%

Schedule of net benefit costs

The following table sets forth the net periodic benefit cost:



For the years ended December 31,	2016			2015			2014
Components of net periodic benefit cost
Interest cost	$	81,000		$	80,000		$	71,000
Amortization of (gain) loss	4,000			—			(12,000		)
Other settlement expense	11,000			12,000			10,000
Net periodic benefit cost	$	96,000		$	92,000		$	69,000
Weighted average discount rate for net periodic cost	4.25		%	4.25		%	5.00		%

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,	2016			2015			Portion to Be Recognized in Income in 2017
Unamortized net actuarial loss	$	(156,000	)	$	(240,000	)
Deferred tax benefit at 35%	54,000			84,000			—
Net unrecognized post-retirement benefits included in accumulated other comprehensive income (loss)	$	(102,000	)	$	(156,000	)	$	—