Employee Benefits And Deferred Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2015




	12/31/2015		12/31/2014
Change in benefit obligation:		(in thousands)
Benefit obligation at the beginning of the year	$	5,437	$	4,395
Service cost		-		-
Interest cost		205		206
Assumption change		(61)		976
Actuarial loss		(4)		24
Benefits paid		(193)		(164)
Benefit obligation at the end of the year		5,384		5,437

Change in plan assets:
Fair value of plan assets at the beginning of year		4,201		4,162
Actual return on plan assets		(106)		93
Employer contributions		165		110
Benefits paid		(193)		(164)
Fair value of plan assets at the end of year		4,067		4,201

Funded status	$	(1,317)	$	(1,236)

Amount recognized in the Consolidated Balance Sheets consist of:
Accrued benefit liabilities	$	(1,317)	$	(1,236)

Amount recognized in the Accumulated Other Comprehensive Loss consists of:
Net actuarial loss	$	2,390	$	2,112
Prior service cost		-		-
Net amount recognized in equity - pre-tax	$	2,390	$	2,112

Net amount recognized on Consolidated Balance Sheets in Other Liabilities	$	1,073	$	876

Accumulated benefit obligation at year end	$	5,384	$	5,437




	2015		2014		2013
Discount rate for projected benefit obligation	4.17	%	3.83	%	4.78	%
Discount rate for net periodic pension cost	3.83	%	4.78	%	3.88	%
Rate of increase in compensation levels	-	%	-	%	-	%
Expected long-term rate of return of plan assets	7.50	%	7.50	%	7.50	%




		2015		2014		2013
		(in thousands)
Service cost	$	-	$	-	$	-
Interest cost		205		206		192
Expected return on plan assets		(308)		(307)		(260)
Net amortization and deferral		71		22		65
Net periodic benefit cost	$	(32)	$	(79)	$	(3)




	12/31/2015		12/31/2014
Change in benefit obligation:		(in thousands)
Benefit obligation at the beginning of the year	$	4,555	$	3,923
Service cost		194		168
Interest cost		146		159
Actuarial (gain) loss		(354)		497
Benefits paid		(192)		(192)
Benefit obligation at the end of the year		4,349		4,555

Change in plan assets:
Fair value of plan assets at the beginning of year		-		-
Actual return on plan assets		-		-
Employer contributions		192		192
Benefits paid		(192)		(192)
Fair value of plan assets at the end of year		-		-

Funded status	$	(4,349)	$	(4,555)

Amount recognized in the Consolidated Balance Sheets consist of:
Accrued benefit liabilities	$	(4,349)	$	(4,555)

Amount recognized in the Accumulated Other Comprehensive Loss consists of:
Net actuarial loss	$	1,117	$	1,601
Prior service cost		218		249
Net amount recognized in equity - pre-tax	$	1,335	$	1,850

Net amount recognized on Consolidated Balance Sheets in Other Liabilities	$	(3,014)	$	(2,705)

Accumulated benefit obligation at year end	$	3,876	$	3,944



	2015		2014		2013
Discount rate for projected benefit obligation	3.38	%	3.30	%	4.15	%
Discount rate for net periodic pension cost	3.30	%	4.15	%	3.17	%
Salary scale	3.50	%	3.50	%	3.50	%



	2015		2014		2013
	(in thousands)
Service cost	$	194	$	168	$	165
Interest cost		146		159		125
Net amortization and deferral		161		115		180
Settlement charge		-		-		105
Net periodic benefit cost	$	501	$	442	$	575