Retirement Plans (Tables)

12 Months Ended

Dec. 31, 2015

Compensation And Retirement Disclosure [Abstract]

Net periodic pension cost

Net periodic pension cost for the years ended December 31, 2015, 2014 and 2013 was as follows:

	2015			2014			2013
Interest cost	$	272		$	280		$	259
Expected return on assets		(332	)		(371	)		(333	)
Amortization of net loss		88			45			111
Net periodic pension cost	$	28		$	(46	)	$	37

Reconciliation of changes in projected benefit obligations

The reconciliation of changes in projected benefit obligations are as follows:

	2015			2014
Projected benefit obligation at beginning of year	$	7,167		$	6,150
Interest cost		272			280
Actuarial (gain) loss		(496	)		1,235
Expenses paid		(89	)		(95	)
Benefits paid		(389	)		(403	)
Projected benefit obligation at end of year	$	6,465		$	7,167
Accumulated benefit obligation at end of year	$	6,465		$	7,167

Assumptions used to determine the net periodic benefit cost and benefit obligations

The assumptions used to determine the net periodic benefit cost and benefit obligations are as follows:

	2015			2014			2013
Discount rate for net periodic pension cost		3.90	%		4.70	%		3.75	%
Discount rate for benefit obligations		4.30	%		3.90	%		4.70	%
Expected long-term return of plan assets		7.50	%		8.00	%		8.00	%

Change in the fair value of the plan’s assets

The following table reflects the change in the fair value of the plan’s assets:

	2015			2014
Fair value of plan assets at beginning of year	$	5,713		$	5,577
Actual return on plan assets		60			316
Company contributions		148			318
Expenses paid		(89	)		(95	)
Benefits paid		(389	)		(403	)
Fair value of plan assets at end of year	$	5,443		$	5,713

Weighted average asset allocations

The weighted average asset allocations at December 31, 2015 and 2014 are as follows:

	2015			2014
U.S. Equities securities		83	%		82	%
U.S. Debt securities		15	%		17	%
Cash		2	%		1	%
Total		100	%		100	%

Reconciliation of the funded status of the plan

The following table provides a reconciliation of the funded status of the plan at December 31, 2015 and 2014:

	2015			2014
Projected benefit obligation	$	6,465		$	7,167
Plan assets at fair value		5,443			5,713
Funded status	$	(1,022	)	$	(1,454	)

Benefit payments projected for the plan

Benefit payments projected for the plan are as follows:

2016	$	378
2017		374
2018		366
2019		371
2020		376
2021-2025		1,898