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Employee Benefit Plans (Tables)

12 Months Ended

Sep. 30, 2014



	Pension Benefits				Other Benefits
(Dollars in Thousands)	2014		2013		2014		2013
Change in benefit obligation:
Benefit obligation at beginning of year	$	32,374	$	36,436	$	1,080	$	1,286
Service cost		-		-		62		63
Interest cost		1,500		1,361		50		41
Actuarial loss (gain)		6,307		(4,297)		150		(222)
Benefits paid		(1,205)		(1,126)		(43)		(88)
Benefit obligation at end of year		38,976		32,374		1,299		1,080
Change in plan assets:
Fair value of plan assets at beginning of year		23,621		22,675		-		-
Actual return on plan assets		1,967		1,315		-		-
Employer contributions		402		757		43		88
Benefits paid		(1,205)		(1,126)		(43)		(88)
Fair value of plan assets at end of year		24,785		23,621		-		-
Funded status at end of year	$	(14,191)	$	(8,753)	$	(1,299)	$	(1,080)

Schedule Of Amounts Recognized in Balance Sheet And Accumulated Other Comprehensive Income



	Pension Benefits				Other Benefits
(Dollars in Thousands)	2014		2013		2014		2013
Amounts recognized in consolidated balance sheets:
Current liabilities – accrued pension and postretirement costs	$	(391)	$	(380)	$	(67)	$	(64)
Noncurrent liabilities – pension and postretirement obligations		(13,800)		(8,373)		(1,232)		(1,016)
Net amount recognized	$	(14,191)	$	(8,753)	$	(1,299)	$	(1,080)
Amounts recognized in accumulated other comprehensive income (loss):
Net loss (gain)	$	12,120	$	6,466	$	(30)	$	(192)
Net amount recognized in accumulated other comprehensive income (loss)	$	12,120	$	6,466	$	(30)	$	(192)

Schedule Of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets



(Dollars in Thousands)	2014		2013
Projected benefit obligation	$	38,976	$	32,374
Accumulated benefit obligation		38,976		32,374
Fair value of plan assets		24,785		23,621

Net Periodic Benefit Cost For Pension And Other Plans



	Pension Benefits
(Dollars in Thousands)	2014		2013		2012
Service cost	$	-	$	-	$	-
Interest cost	$	1,500	$	1,361	$	1,442
Expected return on plan assets		(1,508)		(1,460)		(1,312)
Amortization of prior service credit		-		-		-
Recognized net actuarial loss		194		433		314
Net periodic benefit cost	$	186	$	334	$	444

	Other Benefits
(Dollars in Thousands)	2014		2013		2012
Service cost	$	62	$	63	$	61
Interest cost		51		41		53
Expected return on plan assets		-		-		-
Amortization of prior service credit		-		-		-
Recognized net actuarial loss		(11)		(1)		-
Net periodic benefit cost	$	102	$	103	$	114

Schedule Of Amounts Recognized In Other Comprehensive Income



	Pension Benefits
(Dollars in Thousands)	2014		2013		2012
Net (gain) loss	$	5,848	$	(4,151)	$	2,829
Amortization of net loss		(194)		(433)		(314)
Total recognized in other comprehensive (loss) income		5,654		(4,584)		2,515
Total recognized in net periodic benefit cost and other comprehensive (loss) income	$	5,840	$	(4,250)	$	2,959

	Other Benefits
(Dollars in Thousands)	2014		2013		2012
Net (gain) loss	$	150	$	(222)	$	55
Amortization of net loss		11		1		-
Amortization of prior service cost		-		-		-
Total recognized in other comprehensive (loss) income		161		(221)		55
Total recognized in net periodic benefit cost and other comprehensive (loss) income	$	263	$	118	$	169

Schedule Of Assumptions Used

The weighted-average discount rate used to determine benefit obligations at September 30, 2014 was 4.14%, 3.77%, 4.12% and 2.98% for Pension, Key Executive SERP, Manager SERP and Directors plans, respectively, which all fall under “Pension Benefits” in this footnote. The weighted-average discount rate used to determine benefit obligations under “Other Benefits” was 3.40% at September 30, 2014. Comparatively, the weighted-average discount rate used to determine benefit obligations at September 30, 2013 was 4.72% for all plans.

The weighted-average assumptions used to determine net periodic benefit cost for years ended September 30 were as follows:



	Pension Benefits				Other Benefits
		2014	2013	2012	2014	2013	2012
Discount rate		4.72%	3.77%	4.60%	4.72%	3.77%	4.60%
Expected long-term return on plan assets		6.50%	6.50%	6.50%	na	na	na
Rate of compensation increase		na	na	na	na	na	na

Schedule Of Health Care Cost Trend Rates



	2014	2013
Health care cost trend rate assumed for next year	10%	11%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)	6%	6%
Year that the rate reaches the ultimate trend rate	2018	2018

Schedule Of Effect Of One-Percentage-Point Change In Assumed Health Care Cost Trend Rates



(Dollars in Thousands)		1-Percentage- Point Increase		1-Percentage- Point Decrease
Effect on aggregate of service and interest cost	$	9	$	8
Effect on postretirement benefit obligation	$	99	$	89

Schedule Of Expected Benefit Payments



(Dollars in Thousands)		Pension Benefits		Other Benefits
2015	$	1,291	$	68
2016		1,300		118
2017		1,387		150
2018		1,598		163
2019		1,860		137
Years 2020-2024		10,560		672

Schedule Of Weighted Average Asset Allocations



	Plan Assets at September 30,
Asset Category:		2014	2013
Fixed income		39%	42%
Equity securities		58%	55%
Cash equivalents		3%	3%
Total		100%	100%

Schedule Of Allocation of Plan Assets



	Fair Value Measurements at September 30, 2014 Using:
(Dollars in Thousands)		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Asset Category:
Money market accounts	$	150	$	-	$	-
Debt securities:
Domestic		8,900		-		-
International		894		-		-
Registered investment companies		-		-		-
Equity securities:
Domestic		11,107		-		-
International		3,703		-		-
Total assets at fair value	$	24,754	$	-	$	-



	Fair Value Measurements at September 30, 2013 Using:
(Dollars in Thousands)		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Asset Category:
Money market accounts	$	-	$	-	$	205
Debt securities:
Corporate bonds		-		1,667		-
Government bonds		-		120		-
Registered investment companies		8,231		-		-
Equity securities:
Domestic		4,819		-		-
International		8,579		-		-
Total assets at fair value	$	21,629	$	1,787	$	205