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Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2018
Retirement Benefits [Abstract]  
Schedule of Changes in Plan Benefit Obligation and Fair Value of Assets
The following tables provide a reconciliation of the changes in the plan benefit obligation and the fair value of assets for the periods ended December 31, 2018 and 2017 (in thousands).
 
 
2018
 
2017
Change in Benefit Obligation
 
Benefit obligation, beginning of year
$
5,283

 
$
5,777

Interest cost
17

 
82

Actuarial gain

 
(145
)
Benefits paid
(5,284
)
 
(431
)
Gain due to settlement
(16
)
 

Benefit obligation, end of year
$

 
$
5,283

Changes in Plan Assets
 
 
 
Fair value of plan assets, beginning of year
$
5,078

 
$
3,693

Actual return on plan assets
1

 
16

Employer contributions
205

 
1,800

Benefits paid
(5,284
)
 
(431
)
Fair value of assets, end of year
$

 
$
5,078

Funded Status, end of year
$

 
$
(205
)
Amount Recognized in Other Liabilities
$

 
$
(205
)
Amounts Recognized in Accumulated Other Comprehensive Loss, Net of Tax
Amounts Recognized in Accumulated Other Comprehensive Loss, net of tax
 
 
 
Net gain
$

 
$
(126
)
Deferred income tax expense

 
27

Amount recognized
$

 
$
(99
)
Weighted Average Assumptions Used to Determine Benefit Obligation
Weighted Average Assumptions Used to Determine Benefit Obligation
 
 
 
Discount rate used for disclosure

 

First five years
N/A

 
1.96
%
Five years to twenty years
N/A

 
3.58
%
After twenty years
N/A

 
4.35
%
Expected return on plan assets
1.00
%
 
1.00
%
Rate of compensation increase
N/A

 
N/A

Components of Net Periodic Benefit Cost
Components of Net Periodic Benefit Cost
 
 
 
Interest cost
$
17

 
$
82

Expected return on plan assets
(8
)
 
(35
)
Recognized net gain due to settlement
(135
)
 

Net periodic benefit cost (benefit)
$
(126
)
 
$
47

Other Changes in Plan Assets and Benefit Obligations Recognized in Accumulated Other Comprehensive (Income) Loss
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Loss) Income
 
 
 
Net loss (gain)
$
126

 
$
(126
)
Total recognized in other comprehensive (loss) income
$
126

 
$
(126
)
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive (Loss) Income
$

 
$
(79
)
Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost
 
2018
 
2017
Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost
 
 
 
Discount rate
1.96
%
 
1.47
%
Expected return on plan assets
1.00
%
 
1.00
%
Rate of compensation increase
N/A

 
N/A

Schedule of Fair Value Hierarchy, the Company's Pension Plan Assets
The following table sets forth by level, within the fair value hierarchy, the Company’s pension plan assets at fair value as of December 31, 2017 (in thousands).
 
Fair Value Measurements at December 31, 2017
 
Total
 
Level 1
 
Level 2
 
Level 3
Cash and equivalents
$
5,078

 
$
5,078

 
$

 
$

Total
$
5,078

 
$
5,078

 
$

 
$