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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2013

Employee Benefit Plans [Abstract]

Schedule of Net Funded Status [Table Text Block]

The following tables summarize benefit obligation and funded status, plan asset activity, components of net pension cost, and weighted average assumptions for the Pension Plan and the SERP plans:

		Pension				SERP
(In thousands)		2013		2012		2013		2012
Change in Benefit Obligation
Obligation at the beginning of the year	$	30,340	$	26,540	$	4,990	$	4,814
Service cost		227		0		113		114
Interest cost		1,243		1,380		250		245
Change in discount rate assumption		(3,564)		3,933		0		0
Actuarial (gains)/losses		1,286		(437)		(167)		(100)
Benefits paid		(1,203)		(1,076)		(102)		(83)
Obligation at the end of the year		28,329		30,340		5,084		4,990
Change in Plan Assets
Fair value at the beginning of the year		31,154		29,037		0		0
Actual return on plan assets		4,897		3,193		0		0
Employer contribution		0		0		102		83
Benefits paid		(1,203)		(1,076)		(102)		(83)
Fair value at the end of the year		34,848		31,154		0		0
Funded Status	$	6,519	$	814	$	(5,084)	$	(4,990)

Schedule of Net Benefit Costs [Table Text Block]

		Pension				SERP
(in thousands)		2013		2012		2013		2012
Components of Net Pension Cost
Service cost	$	227	$	0	$	113	$	114
Interest cost		1,243		1,380		250		245
Expected return on assets		(2,373)		(2,211)		0		0
Amortization of transition asset		(39)		(39)		0		0
Amortization of recognized loss		532		379		3		15
Amortization of prior service cost		12		12		20		123
Net pension (income)/expense in employee benefits	$	(398)	$	(479)	$	386	$	497
Weighted Average Assumptions used to
determine benefit obligations:
Discount rate for benefit obligations		4.75%		4.00%		5.25%		5.25%
Discount rate for net pension cost		4.00%		5.00%		0		0
Expected long-term return on assets		7.75%		7.75%		0		0
Rate of compensation increase		3.00%		3.00%		3.00%		3.00%

Schedule of Target Allocation of Plan Assets [Table Text Block]

Asset Class	Normalized Target	Range
Cash	5%	0% - 20%
Fixed Income	40%	30% - 50%
Equities	55%	45% - 65%

Schedule of Allocation of Plan Assets [Table Text Block]

December 31, 2013					Fair Value Hierarchy
(Dollars in thousands)		Assets at Fair Value	% of Portfolio		Level 1		Level 2
Cash and cash equivalents	$	464	1.3%	$	464	$	0
Fixed income securities:
U.S. Government and Agencies		143	0.4%		0		143
Taxable municipal bonds and notes		1,792	5.2%		0		1,792
Corporate bonds and notes		7,664	22.0%		0		7,664
Preferred stock		562	1.6%		0		562
Fixed income mutual funds		3,171	9.1%		3,171		0
Total fixed income		13,332	38.3%		3,171		10,161
Equities:
Large Cap		15,634	44.9%		15,634		0
Mid Cap		2,489	7.1%		2,489		0
Small Cap		1,373	3.9%		1,373		0
International		1,556	4.5%		1,556		0
Total equities		21,052	60.4%		21,052		0
Total market value	$	34,848	100.0%	$	24,687	$	10,161
December 31, 2012					Fair Value Hierarchy
(Dollars in thousands)		Assets at Fair Value	% of Portfolio		Level 1		Level 2
Cash and cash equivalents	$	3,377	10.8%	$	3,377	$	0
Fixed income securities:
U.S. Government and Agencies		138	0.4%		0		138
Taxable municipal bonds and notes		1,882	6.0%		0		1,882
Corporate bonds and notes		7,990	25.7%		0		7,990
Preferred stock		736	2.4%		0		736
Fixed income mutual funds		2,826	9.1%		2,826		0
Total fixed income		13,572	43.6%		2,826		10,746
Equities:
Large Cap		11,132	35.7%		11,132		0
Mid Cap		1,543	5.0%		1,543		0
Small Cap		840	2.7%		840		0
International		690	2.2%		690		0
Total equities		14,205	45.6%		14,205		0
Total market value	$	31,154	100.0%	$	20,408	$	10,746

Schedule of Expected Benefit Payments [Table Text Block]

(In thousands)		Pension Plan		SERP
2014	$	1,162	$	117
2015		1,224		175
2016		1,311		166
2017		1,359		224
2018		1,454		267
2019-2023		9,380		1,898

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

Amounts included in accumulated other comprehensive loss as of December 31, 2013 and 2012, net of tax, are as follows:

		2013				2012
(In thousands)		Pension		SERP		Pension		SERP
Unrecognized net actuarial loss/(gain)	$	5,088	$	(86)	$	8,278	$	13
Unrecognized prior service costs		35		22		42		39
Net transition asset		(35)		0		(58)		0
	$	5,088	$	(64)	$	8,262	$	52

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]

(In thousands)		Pension		SERP
Prior service costs	$	12	$	20
Net transition asset		(39)		0
Net actuarial loss/(gain)		242		(18)
	$	215	$	2

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Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall.

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Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

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