Note 6 - Defined Benefit Plan

6 Months Ended

Jun. 30, 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
	Six Months Ended June 30,
	2019			2018
Service cost	$	400		$	434
Interest cost		442			400
Expected return on plan assets		(730	)		(800	)
Amortization of prior service cost		(54	)		(54	)
Recognized net actuarial loss		316			292
Net periodic benefit cost	$	374		$	272

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

six

months ended

June 30, 2019,

the Company did

not

make a contribution to the Plan.