Note 6 - Defined Benefit Plan

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

Note

6

:

Defined Benefit Plan

Components of Net Periodic Benefit Cost

	Pension Benefits
	Three Months Ended March,
	2019			2018
Service cost	$	200		$	217
Interest cost		221			200
Expected return on plan assets		(365	)		(400	)
Amortization of prior service cost		(27	)		(27	)
Recognized net actuarial loss		158			146
Net periodic benefit cost	$	187		$	136

The service cost component of net periodic benefit cost is included in salaries and employee benefits expense in the consolidated statements of income. All other components are included in other noninterest expense in the consolidated statements of income.

201

9

Plan Year

Employer Contribution

For the

three

months ended

March 31, 2019,

the Company did

not

make a contribution to the Plan.