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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2017

Employee Benefit Plans [Abstract]

Schedule Of Projected Benefit Obligation And Changes In Plan Assets For The Defined Benefit Pension Plan



(in Thousands of Dollars)			2017		2016

   Change in projected benefit obligation:

   Projected benefit obligation at beginning of year		$	(8,084)	$	-
   Projected benefit obligation acquired			-		(8,843)
   Service cost			(68)		(28)
   Interest cost			(303)		(113)
   Actuarial gain (loss)			(587)		662
   Benefits paid			577		238
   Benefit obligation at end of year		$	(8,465)	$	(8,084)

   Change in plan assets:

   Fair value of plan assets at beginning of year		$	6,702	$	-
   Fair value acquired			-		6,932
   Actual return on plan assets			981		12
   Benefits paid			(573)		(242)
   Fair value of assets at end of year			7,110		6,702
   Funded status at end of year		$	(1,355)	$	(1,382)



Schedule Of Amounts Recognized in Accumulated Other Comprehensive Income


			2017		2016
Transition asset		$	-	$	-
Prior service credit			-		-
Gain			473		490
   Total		$	473	$	490



Components Of Net Pension Cost (Income)



			2017		2016

Service cost benefits earned during the period		$	68	$	28
Interest cost on projected benefit obligation			303		113
Actual return on assets			(416)		(180)
Net amortization and deferral			-		-

     NET PERIODIC PENSION COST		$	(45)	$	(39)



Schedule Of Weighted Average Assumptions Used To Determine The Benefit Obligation And The Net Periodic Cost

         The weighted average assumptions used to determine the benefit obligation at December 31 are as follows:







		2017		2016

Discount rate		3.43	%	3.90	%



    The weighted average assumptions used to determine the net periodic pension cost at December 31 are as follows:





		2017		2016

Discount rate		3.90	%	3.18	%
Expected long-term return on plan assets		6.50	%	6.50	%
Rate of compensation increase		0.00	%	0.00	%



Schedule Of Asset Allocation and Fair Value Of Plan Assets

The Delaware Plan’s weighted-average asset allocations at December 31, by asset category, are as follows:







		2017		2016

Cash equivalents		6.4	%	6.1	%
Equity securities		50.2	%	47.9	%
Fixed income securities		40.2	%	42.6	%
Other		3.2	%	3.4	%
		100.0	%	100.0	%





The Delaware Plan’s overall investment strategy is to achieve a mix of approximately 97 percent of investments for long-term growth and 3 percent for near-term benefit payments with a wide diversification of asset types, fund strategies, and fund managers.  The target allocation for the Delaware Plan assets is 0 to 20 percent cash equivalents, 40 to 60 percent equity securities, 40 to 60 percent fixed income securities, and 0 to 5 percent other.  Cash equivalents consist primarily of government issues and short-term investment funds.  Equity securities primarily include investments in common stock, depository receipts, preferred stock, and real estate investment trusts.  Fixed income securities include corporate bonds, government issues, mortgage-backed securities, municipals, and other asset backed securities.



The fair value of the Delaware Plan’s assets, by asset category, is as follows:







		December 31, 2017
					Quoted Market			Other
					Price in			Observable			Unobservable
					Active Markets			Inputs			Inputs
		Total			(Level 1)			(Level 2)			(Level 3)
	(in thousands of dollars)

Cash equivalents:
   Cash (including foreign currencies)		$	70		$	70		$	-		$	-
   Short-term investment funds			19			-			19			-
Equity securities:
   Common stock			1,401			1,401			-			-
   Depository receipts			35			35			-			-
   Commingled Pension Trust Fund			2,203			-			2,203			-
   Preferred stock			31			31			-			-
Fixed income securities:
   Corporate bonds			296			-			296			-
   Government issue			992			-			992			-
   Mortgage-backed securities			6			-			6			-
   Collateralized mortgage obligations			56			-			56			-
Commingled Pension Trust Fund			1,746			-			1,746			-
Other			255			-			-			255
Total		$	7,110		$	1,537		$	5,318		$	255


		December 31, 2016
					Quoted Market			Other
					Price in			Observable			Unobservable
					Active Markets			Inputs			Inputs
		Total			(Level 1)			(Level 2)			(Level 3)
	(in thousands of dollars)

Cash equivalents:
   Cash (including foreign currencies)		$	11		$	11		$	-		$	-
   Short-term investment funds			33			-			33			-
Equity securities:
   Common stock			1,430			1,430			-			-
   Depository receipts			42			42			-			-
   Commingled Pension Trust Fund			1,680			-			1,680			-
Fixed income securities:
   Corporate bonds			307			-			307			-
   Government issue			1,112			-			1,112			-
   Mortgage-backed securities			4			-			4			-
   Collateralized mortgage obligations			68			-			68			-
Commingled Pension Trust Fund			1,732			-			1,732			-
Other			283			-			-			283
Total		$	6,702		$	1,483		$	4,936		$	283



Schedule of Changes in Level 3 Assets



			2017		2016

Balance, January 1		$	283	$	-
Purchase			-		-
Unrealized gain (loss)			(28)		283
Balance, December 31		$	255	$	283



X

- Definition

Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(b)(c)
-URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920

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- Definition

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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(5)
-URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920

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- Definition

Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920

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Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (k)
-URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920

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- Definition

Tabular disclosure of the reconciliation of beginning and ending balances of the fair value of plan assets of pension plans and/or other employee benefit plans showing separately, if applicable, the effects during the period attributable to each of the following: actual return on plan assets, foreign currency exchange rate changes, contributions by the employer, contributions by plan participants, benefits paid, business combinations, divestitures, and settlements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b)
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- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920

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