Defined Benefit Plans

6 Months Ended

Jun. 30, 2014

Defined Benefit Plans [Abstract]

Defined Benefit Plans

(6)        Defined Benefit Plans

Mid Penn has an unfunded noncontributory defined benefit retirement plan for directors.  The plan provides defined benefits based on years of service.  In addition, Mid Penn sponsors a defined benefit health care plan that provides post-retirement medical benefits and life insurance to qualifying full-time employees.  These health care and life insurance plans are noncontributory.  A December 31 measurement date for the plans is used.

The components of net periodic benefit costs from these benefit plans are as follows:

	Three Months Ended June 30,
(Dollars in thousands)	Pension Benefits				Other Benefits
	2014		2013		2014		2013
Service cost	$	9	$	8	$	4	$	5
Interest cost		12		11		10		8
Amortization of prior service cost		6		6		-		1
Net periodic benefit cost	$	27	$	25	$	14	$	14

	Six Months Ended June 30,
(Dollars in thousands)	Pension Benefits				Other Benefits
	2014		2013		2014		2013
Service cost	$	17	$	16	$	7	$	9
Interest cost		25		22		19		17
Amortization of prior service cost		9		11		-		1
Net periodic benefit cost	$	51	$	49	$	26	$	27