Note 15 - Employee Benefit Plans

6 Months Ended

Jun. 30, 2020

Notes to Financial Statements

Retirement Benefits [Text Block]

Note 15 – Employee Benefit Plans

The following information for the six months ended June 30, 2020 and 2019 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	Six Months Ended June 30,
	2020			2019
Service cost	$	—		$	—
Interest cost		76			58
Expected return on plan assets		(142	)		(68	)
Recognized loss due to settlement		60			19
Recognized net actuarial loss		70			65
Net periodic cost	$	64		$	74