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9. Employee Benefits | 3 Months Ended
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Mar. 31, 2016
Employee Benefits |
Employee Benefits | On March 8, 2002 we acquired MFN Financial Corporation and its subsidiaries in a merger. We sponsor the MFN Financial Corporation Benefit Plan (the “Plan”). Plan benefits were frozen June 30, 2001. The table below sets forth the Plan’s net periodic benefit cost for the three-month periods ended March 31, 2016 and 2015.
|  | Three Months Ended |
|  | March 31, |
|  | 2016 |  |  | 2015 |
|  | (In thousands) |
Components of net periodic cost (benefit) |  |  |  |  |  |
Service cost |  | $ | – |  |  | $ | – |
Interest cost |  |  | 221 |  |  |  | 211 |
Expected return on assets |  |  | (300 | ) |  |  | (377 | )
Amortization of transition (asset)/obligation |  |  | – |  |  |  | – |
Amortization of net (gain) / loss |  |  | 138 |  |  |  | 87 |
Net periodic cost (benefit) |  | $ | 59 |  |  | $ | (79 | )
We did not make any contributions to the Plan during the three-month periods ended March 31, 2016 and 2015. We do not anticipate making any contributions for the remainder of 2016.

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- Definition The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. + References No definition available. + Details
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