Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2013

Summary of Projected Benefit Obligation

A summary of the activity in the Plan's projected benefit obligation, assets, funded status and amounts recognized in the Company's consolidated balance sheets is as follows:

(In thousands)	2013			2012
Projected benefit obligation:
Balance, January 1	$	67,087		$	53,972
Service cost		3,452			2,799
Interest cost		2,819			2,570
Actuarial (gain) loss		(8,496	)		9,063
Benefits paid		(1,423	)		(1,317	)
Balance, December 31	$	63,439		$	67,087
Plan assets:
Fair value, January 1	$	61,384		$	53,895
Actual return		9,166			6,556
Employer contribution		1,500			2,250
Benefits paid		(1,423	)		(1,317	)
Fair value, December 31	$	70,627		$	61,384
Funded status:
Accrued pension asset (liability)	$	7,188		$	(5,703	)

Schedule of Assumptions used to Determine Projected Benefit Obligation

	2013		2012		2011
Weighted average discount rate	5.00	%	4.25	%	4.75	%
Rate of increase in compensation levels	3.75	%	3.75	%	4.00	%

Schedule of Expected Pension Benefit Payments

The following pension benefit payments, which reflect expected future service, as appropriate, are expected to be paid by the Plan:

	Amount
2014	$	1,583,000
2015		1,706,000
2016		1,909,000
2017		2,113,000
2018		2,524,000
2019-2023		16,411,000

Schedule of Plan's Pension Costs

The Plan's pension cost included the following components:

	For the Year Ended
	December 31,
(In thousands)	2013			2012			2011
Service cost - benefits earned during the year	$	3,452		$	2,799		$	2,073
Interest cost on projected benefit obligations		2,819			2,570			2,423
Expected return on plan assets		(4,469	)		(3,967	)		(3,314	)
Net amortization and deferral		1,729			1,473			603
Net periodic pension cost	$	3,531		$	2,875		$	1,785

Schedule of Assumptions used to Determine Net Pension Cost

The following represent the major assumptions used to determine the net pension cost of the Plan:

	2013		2012		2011
Weighted average discount rate	4.25	%	4.75	%	5.75	%
Rate of increase in compensation levels	3.75	%	4.00	%	4.00	%
Expected long-term rate of return on assets	7.25	%	7.25	%	7.25	%

Schedule of Assumed Long-term Rate of Return on Assets

The expected one year nominal returns and annual standard deviations are shown by asset class below:

	% of Total		One-Year Nominal		Annual Standard
Asset Class	Portfolio		Return		Deviation
Core Fixed Income	50	%	4.59	%	6.45	%
Large Cap U.S. Equities	27	%	8.06	%	17.80	%
Small Cap U.S. Equities	7	%	9.82	%	26.20	%
International (Developed)	15	%	8.21	%	20.40	%
International (Emerging)	1	%	11.13	%	31.15	%

Summary of the Fair Value Measurements by Type of Asset

A summary of the fair value measurements by type of asset is as follows:

	Fair Value Measurements as of December 31,
	2013						2012
			Quoted Prices						Quoted Prices
			in Active						in Active
			Markets for		Significant				Markets for		Significant
			Identical		Observable				Identical		Observable
			Assets		Inputs				Assets		Inputs
(In thousands)	Total		(Level 1)		(Level 2)		Total		(Level 1)		(Level 2)
Cash	$	245	$	245	$	-	$	238	$	238	$	-
Equity securities
U.S. Large Cap Growth		6,650		-		6,650		5,193		-		5,193
U.S. Large Cap Value		6,835		-		6,835		5,317		-		5,317
U.S. Small/Mid Cap Growth		2,825		-		2,825		2,159		-		2,159
U.S. Small/Mid Cap Value		2,784		-		2,784		2,167		-		2,167
Non-U.S. Core		10,840		-		10,840		9,478		-		9,478
U.S. Large Cap Passive		6,929		-		6,929		6,004		-		6,004
Emerging Markets		711		-		711		732		-		732
Fixed Income
U.S. Core		22,720		-		22,720		22,189		-		22,189
U.S. Passive		8,747		-		8,747		7,907		-		7,907
Opportunistic		1,341		-		1,341		-		-		-
Total	$	70,627	$	245	$	70,382	$	61,384	$	238	$	61,146

Supplemental Executive Retirement Plan [Member]

Summary of Projected Benefit Obligation

A summary of the activity in the SERP's projected benefit obligation, funded status and amounts recognized in the Company's consolidated balance sheets is as follows:

	December 31,
(In thousands)	2013			2012
Benefit obligation:
Balance, January 1	$	8,482		$	7,434
Service cost		144			115
Interest cost		335			307
Benefits paid		(236	)		(236	)
Actuarial (gain) loss		(677	)		862
Balance, December 31	$	8,048		$	8,482

Schedule of Assumptions used to Determine Projected Benefit Obligation

	2013		2012		2011
Weighted average discount rate	4.75	%	4.00	%	4.50	%
Rate of increase in compensation levels	3.75	%	3.75	%	4.00	%

Schedule of Expected Pension Benefit Payments

Expected future benefits payable by the Company over the next 10 years are as follows:

	Amount
2014	$	236,000
2015		235,000
2016		245,000
2017		260,000
2018		340,000
2019-2023		2,564,000

Schedule of Plan's Pension Costs

The SERP's pension cost included the following components:

	For the Year Ended December 31,
(In thousands)	2013		2012		2011
Service cost - benefits earned during the year	$	144	$	115	$	89
Interest cost on projected benefit obligations		335		307		295
Net amortization and deferral		551		360		250
Net periodic pension cost	$	1,030	$	782	$	634

Schedule of Pre-tax Amounts in Accumulated Other Comprehensive Loss

The pre-tax amounts in accumulated other comprehensive loss as of December 31, were as follows:

	The Plan				SERP
(In thousands)	2013		2012		2013		2012
Prior service cost	$	8	$	16	$	-	$	-
Net actuarial loss		11,471		26,385		3,075		4,304
Total	$	11,479	$	26,401	$	3,075	$	4,304