Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2014

Compensation and Retirement Disclosure [Abstract]

Components of Company Plan Benefit Expense

The following table summarizes key information related to the Company’s pension plans and retirement agreements. The table illustrates the reconciliation of the beginning and ending balances of the benefit obligation showing the effects during the periods presented attributable to service cost, interest cost, plan amendments, termination benefits, actuarial gains and losses. The assumptions used in the Company’s calculation of accrued pension costs are based on market information and the Company’s historical rates for employment compensation and discount rates.

	2014			2013
Accumulated Benefit Obligation, End of Year	$	19,280		$	15,439
Change in Projected Benefit Obligation
Projected Benefit Obligation, Beginning of Year	$	20,032		$	19,761
Service Cost	821			925
Interest Cost	935			829
Actuarial Loss (Gain)	4,324			(1,229		)
Benefits Paid	(286		)	(254		)
Projected Benefit Obligation, End of Year	$	25,826		$	20,032
Change in Plan Assets
Plan Assets at Fair Value, Beginning of Year	$	—		$	—
Company Contributions	286			254
Benefits Paid	(286		)	(254		)
Plan Assets at Fair Value, End of Year	$	—		$	—
Unfunded Status of the Plan	$	(25,826	)	$	(20,032	)
Amounts Recognized in Accumulated Other Comprehensive Income
Prior Service Cost	—			—
Net Loss	6,988			2,791
Total Pension Cost	$	6,988		$	2,791

Components of Net Periodic Benefit Cost

	2014			2013
Components of Net Periodic Benefit Cost
Service Cost	$	821		$	925
Interest Cost	935			829
Amortization of:
Net Loss	127			263
Net Periodic Pension Cost	$	1,883		$	2,017
Weighted Average Assumptions for Expense
Discount Rate	4.35		%	5.15		%
Expected Return on Plan Assets	N/A			N/A
Rate of Compensation Increase	4.34		%	4.38		%

Benefit payments representing the company's obligations to employees

The benefit payments reflected in the table below represent the Company’s obligations to employees that are eligible for retirement or have already retired and are receiving deferred compensation benefits:

Fiscal Year	Pension Benefits
	(In thousands)
2015	$	7,568
2016	528
2017	573
2018	569
2019	698
Thereafter	15,890
	$	25,826