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Employee Benefit Plans
9 Months Ended
Sep. 30, 2017
Retirement Benefits [Abstract]  
Employee Benefit Plans
Employee Benefit Plans
The following information for the nine months ended September 30, 2017 and 2016 pertains to the Company's non-contributory defined benefit pension plan which was frozen in 2009.  If lump sum payments exceed the service cost plus interest cost, an additional settlement charge will apply (dollars in thousands):
Components of Net Periodic Benefit Cost
Nine Months Ended September 30,
 
2017
 
2016
Service cost
$

 
$

Interest cost
178

 
201

Expected return on plan assets
(264
)
 
(288
)
Recognized loss due to settlement
104

 

Recognized net actuarial loss
163

 
389

 
 
 
 
Net periodic cost
$
181

 
$
302