XML 41 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
Employee Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2018
Compensation and Retirement Disclosure [Abstract]  
Schedule of employee benefits charged to operating expenses
    Three Months Ended September 30,     Nine Months Ended September 30,  
(in thousands)   2018     2017     2018     2017  
Payroll taxes   $ 261     $ 267     $ 913     $ 911  
Medical plans     490       595       1,650       1,489  
401k match and profit sharing     261       218       684       694  
Periodic pension cost     470       336       1,280       1,007  
Other     12       17       37       42  
Total employee benefits   $ 1,494     $ 1,433     $ 4,564     $ 4,143  
Schedule of components of net pension cost
    Pension Benefits  
(in thousands)   2018     2017  
Service cost - benefits earned during the year   $ 1,707     $ 1,343  
Interest costs on projected benefit obligations (a)     1,037       1,009  
Expected return on plan assets (a)     (1,327 )     (1,124 )
Expected administrative expenses (a)     93       88  
Amortization of prior service cost (a)     79       79  
Amortization of unrecognized net loss (a)     140       11  
Net periodic pension cost   $ 1,729     $ 1,406  
                 
Net periodic pension cost for the three months ended September 30, (actual)   $ 470     $ 336  
Net periodic pension cost for the nine months ended September 30, (actual)   $ 1,280     $ 1,007  

 

(a) The components of net periodic pension cost other than the service cost component are included in other non-interest expense.