Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2017

Retirement Benefits, Description [Abstract]

Accumulated post-retirement benefit obligation and funded status

The following table sets forth the accumulated post-retirement benefit obligation and funded status:



At December 31,	2017			2016			2015
Change in benefit obligations
Benefit obligation at beginning of year:	$	1,870,000		$	1,967,000		$	1,928,000
Interest cost	77,000			81,000			80,000
Benefits paid	(113,000		)	(109,000		)	(102,000		)
Actuarial (gain) loss	40,000			(69,000		)	61,000
Benefit obligation at end of year:	$	1,874,000		$	1,870,000		$	1,967,000
Funded status
Benefit obligation at end of year	$	(1,874,000	)	$	(1,870,000	)	$	(1,967,000	)
Unamortized loss	186,000			156,000			240,000
Accrued benefit cost	$	(1,688,000	)	$	(1,714,000	)	$	(1,727,000	)
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,	2017			2016			2015
Components of net periodic benefit cost
Interest cost	$	77,000		$	81,000		$	80,000
Amortization of loss	—			4,000			—
Other settlement expense	11,000			11,000			12,000
Net periodic benefit cost	$	88,000		$	96,000		$	92,000
Weighted average discount rate for net periodic cost	4.25		%	4.25		%	4.25		%

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,	2017			2016			Portion to Be Recognized in Income in 2018
Unamortized net actuarial loss	$	(186,000	)	$	(156,000	)	$	(185,000	)
Deferred tax benefit at 35%	65,000			54,000			65,000
Reclassification adjustment for effect of enacted tax law changes	(26,000		)	—			—
Net unrecognized post-retirement benefits included in accumulated other comprehensive income (loss)	$	(147,000	)	$	(102,000	)	$	(120,000	)