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Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2019
Retirement Benefits [Abstract]  
Components of Company Plan Benefit Expense
The following table summarizes key information related to the Company’s pension plans and retirement agreements (in thousands):  
 
Six Months Ended June 30, 2019
 
Year Ended December 31, 2018
Change in Projected Benefit Obligation
 
 
 
Projected benefit obligation, beginning of period
$
32,474

 
$
32,820

Service cost
499

 
1,200

Interest cost
696

 
1,242

Actuarial loss

 
(2,166
)
Benefits paid
(391
)
 
(622
)
Projected benefit obligation, end of period
$
33,278

 
$
32,474

Change in Plan Assets
 
 
 
Plan assets at fair value, beginning of period
$

 
$

Company contributions
391

 
622

Benefits paid
(391
)
 
(622
)
Plan assets at fair value, end of period
$

 
$

Unfunded Status of the Plan
$
33,278

 
$
32,474


Components of Net Periodic Benefit Cost
 
Three Months Ended
 
Six Months Ended
 
June 30, 2019
 
June 30, 2018
 
June 30, 2019
 
June 30, 2018
Components of Net Periodic Benefit Cost
 
 
 
 
 
 
 
Service cost
$
250

 
$
300

 
$
499

 
$
600

Interest cost
348

 
310

 
696

 
621

Net loss
53

 
133

 
105

 
266

Net periodic pension cost
$
651

 
$
743

 
$
1,300

 
$
1,487