Defined Benefit Pension Plan

6 Months Ended

Jun. 30, 2012

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

Defined Benefit Pension Plan

Union Bank, the Company’s sole subsidiary, sponsors a noncontributory defined benefit pension plan covering all eligible employees. The plan provides defined benefits based on years of service and final average salary.

Net periodic pension benefit cost for the three and six months ended June 30 consisted of the following components:

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
	(Dollars in thousands)
Service cost	$	294		$	170		$	550		$	340
Interest cost on projected benefit obligation	220			209			442			418
Expected return on plan assets	(237		)	(219		)	(474		)	(438		)
Amortization of prior service cost	2			2			4			4
Amortization of net loss	147			46			294			92
Net periodic benefit cost	$	426		$	208		$	816		$	416