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Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2020

Benefit Plans [Abstract]

Schedule Of Plan's Funded Status And Assumptions Used

		For the Years Ended December 31
(Dollars in thousands)		2020			2019
Change in projected benefit obligation
Benefit obligation at beginning of measurement year		$	20,779		$	17,937
Service cost			332			325
Interest cost			525			631
Actuarial loss (gain)			2,275			2,727
Benefits paid			(1,400)			(841)
Benefit obligation at end of measurement year			22,511			20,779
Change in plan assets
Fair value of plan assets at beginning of measurement year			18,135			16,549
Actual return on plan assets net of expenses			1,727			2,427
Employer contribution			1,000			—
Benefits paid			(1,400)			(841)
Fair value of plan assets at end of measurement year			19,462			18,135
Funded status of projected benefit obligation		$	(3,049)		$	(2,644)
		For the Years Ended December 31
		2020			2019
Assumptions used to determine benefit obligations:
Discount rate			2.33%			3.13%
Rate of compensation increase			4.00%			4.00%

Schedule Of Amounts Recognized In Other Comprehensive Income (Loss)

Amounts recognized in accumulated other comprehensive		For the Years Ended December 31
income (loss), net of tax		2020			2019
Net actuarial loss		$	(8,533)		$	(7,812)
Tax effect			1,792			1,641
Net amount recognized in accumulated other comprehensive loss		$	(6,741)		$	(6,171)

Schedule Of Net Periodic Pension Costs

		For the Years Ended December 31
Components of net periodic pension cost		2020			2019
Service cost		$	332		$	325
Interest cost			525			631
Expected return on plan assets			(1,079)			(1,087)
Recognized net actuarial loss			904			552
Net periodic pension cost		$	682		$	421
		For the Years Ended December 31
		2020			2019
Assumptions used to determine net periodic benefit cost:
Discount rate			3.13%			4.15%
Expected long-term return on plan assets			6.50%			6.50%
Rate of compensation increase			4.00%			4.00%
Asset allocations:
Cash and cash equivalents			12%			4%
Common stocks			22%			21%
Corporate bonds			13%			13%
Municipal bonds			26%			35%
Investment fund - debt			9%			9%
Investment fund - equity			12%			10%
Deposit in immediate participation guarantee contract			6%			6%
Other			0%			2%
Total			100%			100%

Schedule Of Amounts Recognized In Balance Sheet

(Dollars in Thousands)		December 31, 2020
Asset Description		Fair Value			Level 1			Level 2			Level 3
Cash and cash equivalents		$	2,305		$	2,305		$	—		$	—
Equity securities			4,236			4,236			—			—
Corporate bonds			2,581			—			2,581			—
Municipal bonds			5,066			—			5,066			—
Investment fund - debt			1,757			—			1,757			—
Investment fund - equity			2,252			2,252			—			—
Deposit in immediate participation guarantee contract			1,187			1,187			—			—
Cash surrender value of life insurance			28			—			—			28
Certificates of deposit			50			—			50			—
Total assets		$	19,462		$	9,980		$	9,454		$	28

(Dollars in Thousands)		December 31, 2019
Asset Description		Fair Value			Level 1			Level 2			Level 3
Cash and cash equivalents		$	808		$	808		$	—		$	—
Equity securities			3,717			3,717			—			—
Corporate bonds			2,406			—			2,406			—
Municipal bonds			6,266			—			6,266			—
Investment fund - debt			1,605			—			1,605			—
Investment fund - equity			1,875			1,875			—			—
Deposit in immediate participation guarantee contract			1,129			1,129			—			—
Cash surrender value of life insurance			28			—			—			28
Certificates of deposit			301			—			301			—
Total assets		$	18,135		$	7,529		$	10,578		$	28

Schedule Of Changes In Fair Value Of Plan Assets

	Cash Value of Life Insurance
	December 31
	2020			2019
Balance at the beginning of the period	$	28		$	25
Unrealized gain (loss) relating to investments held at the reporting date		—			3
Purchases, sales, issuances and settlement, net		—			—
Balance at the end of the period	$	28		$	28

Schedule Of Expected Benefit Payments

2021		$	2,267
2022			1,293
2023			1,104
2024			1,037
2025			1,431
2026-2030			6,685
Total		$	13,817

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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
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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

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Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost.

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Tabular disclosure of the effect of fair value measurements using significant unobservable inputs (Level 3) on changes in plan assets of pension plans and/or other employee benefit plans for the period.

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-SubTopic 20
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- Definition

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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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.

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