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Benefit Plans (Tables) | 12 Months Ended
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Dec. 31, 2022
Benefit Plans [Abstract] |
Schedule Of Plan's Funded Status And Assumptions Used |
|  | For the Years Ended December 31
(Dollars in thousands) |  | 2022 |  | 2021
Change in projected benefit obligation |  |  |  |  |  |
Benefit obligation at beginning of measurement year |  | $ | 19,002 |  | $ | 22,511
Service cost |  |  | 342 |  |  | 419
Interest cost |  |  | 672 |  |  | 374
Actuarial (gain) loss |  |  | (4,201) |  |  | (1,784)
Benefits paid |  |  | (1,950) |  |  | (2,518)
Benefit obligation at end of measurement year |  |  | 13,865 |  |  | 19,002
Change in plan assets |  |  |  |  |  |
Fair value of plan assets at beginning of measurement year |  |  | 18,462 |  |  | 19,462
Actual return on plan assets net of expenses |  |  | (2,733) |  |  | 1,518
Benefits paid |  |  | (1,950) |  |  | (2,518)
Fair value of plan assets at end of measurement year |  |  | 13,779 |  |  | 18,462
Funded status of projected benefit obligation |  | $ | (86) |  | $ | (540)
|  | For the Years Ended December 31
|  | 2022 |  | 2021
Assumptions used to determine benefit obligations: |  |  |  |  |  |
Discount rate |  |  | 6.17% |  |  | 3.71%
Rate of compensation increase |  |  | 6.00% |  |  | 5.00%
Expected long-term return on plan assets |  |  | 6.00% |  |  | 6.00%
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 |  | 2022 |  | 2021
Net actuarial loss |  | $ | (3,423) |  | $ | (4,786)
Tax effect |  |  | 719 |  |  | 1,005
Net amount recognized in accumulated other comprehensive loss |  | $ | (2,704) |  | $ | (3,781)
Schedule Of Net Periodic Pension Costs |
|  | For the Years Ended December 31
Components of net periodic pension cost |  | 2022 |  | 2021
Service cost |  | $ | 342 |  | $ | 419
Interest cost |  |  | 672 |  |  | 374
Expected return on plan assets |  |  | (994) |  |  | (1,115)
Recognized net actuarial loss |  |  | 598 |  |  | 1,135
Net periodic pension cost |  |  | 618 |  |  | 813
Settlement expense |  |  | 290 |  |  | 425
|  | $ | 908 |  | $ | 1,238
|  | For the Years Ended December 31
|  | 2022 |  | 2021
Assumptions used to determine net periodic benefit cost: |  |  |  |  |  |
Discount rate |  |  | 3.71% |  |  | 2.33%
Rate of compensation increase |  |  | 5.00% |  |  | 4.00%
Expected long-term return on plan assets |  |  | 6.00% |  |  | 6.25%
Asset allocations: |  |  |  |  |  |
Cash and cash equivalents |  |  | 3% |  |  | 1%
Common stocks |  |  | 33% |  |  | 31%
Corporate bonds |  |  | 14% |  |  | 13%
Municipal bonds |  |  | 28% |  |  | 26%
Investment fund - debt |  |  | 6% |  |  | 9%
Investment fund - equity |  |  | 14% |  |  | 13%
Deposit in immediate participation guarantee contract |  |  | 2% |  |  | 7%
Total |  |  | 100% |  |  | 100%
Schedule Of Amounts Recognized In Balance Sheet |
(Dollars in Thousands) |  | December 31, 2022
Asset Description |  | Fair Value |  | Level 1 |  | Level 2 |  | Level 3
Cash and cash equivalents |  | $ | 464 |  | $ | 464 |  | $ | — |  | $ | —
Equity securities |  |  | 4,502 |  |  | 4,502 |  |  | — |  |  | —
Corporate bonds |  |  | 1,915 |  |  | — |  |  | 1,915 |  |  | —
Municipal bonds |  |  | 3,794 |  |  | — |  |  | 3,794 |  |  | —
Investment fund - debt |  |  | 766 |  |  | 766 |  |  | — |  |  | —
Investment fund - equity |  |  | 1,935 |  |  | 1,935 |  |  | — |  |  | —
Deposit in immediate participation guarantee contract |  |  | 375 |  |  | 375 |  |  | — |  |  | —
Cash surrender value of life insurance |  |  | 28 |  |  | — |  |  | — |  |  | 28
Total assets |  | $ | 13,779 |  | $ | 8,042 |  | $ | 5,709 |  | $ | 28
(Dollars in Thousands) |  | December 31, 2021
Asset Description |  | Fair Value |  | Level 1 |  | Level 2 |  | Level 3
Cash and cash equivalents |  | $ | 189 |  | $ | 189 |  | $ | — |  | $ | —
Equity securities |  |  | 5,671 |  |  | 5,671 |  |  | — |  |  | —
Corporate bonds |  |  | 2,451 |  |  | — |  |  | 2,451 |  |  | —
Municipal bonds |  |  | 4,722 |  |  | — |  |  | 4,722 |  |  | —
Investment fund - debt |  |  | 1,690 |  |  | 1,690 |  |  | — |  |  | —
Investment fund - equity |  |  | 2,381 |  |  | 2,381 |  |  | — |  |  | —
Deposit in immediate participation guarantee contract |  |  | 1,280 |  |  | 1,280 |  |  | — |  |  | —
Cash surrender value of life insurance |  |  | 28 |  |  | — |  |  | — |  |  | 28
Certificates of deposit |  |  | 50 |  |  | — |  |  | 50 |  |  | —
Total assets |  | $ | 18,462 |  | $ | 11,211 |  | $ | 7,223 |  | $ | 28
Schedule Of Changes In Fair Value Of Plan Assets |
| Cash Value of Life Insurance
| December 31
| 2022 |  | 2021
Balance at the beginning of the period | $ | 28 |  | $ | 28
Unrealized gain (loss) relating to investments held at the reporting date |  | — |  |  | —
Purchases, sales, issuances and settlement, net |  | — |  |  | —
Balance at the end of the period | $ | 28 |  | $ | 28
Schedule Of Expected Benefit Payments |
2023 |  | $ | 1,031
2024 |  |  | 954
2025 |  |  | 1,246
2026 |  |  | 1,642
2027 |  |  | 1,650
2028-2032 |  |  | 5,557

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (i) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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