Pension Information

9 Months Ended

Sep. 30, 2019

Compensation And Retirement Disclosure [Abstract]

Pension Information

(11) Pension Information

The Company sponsors a pension plan which is a noncontributory defined benefit retirement plan. Annual payments, subject to the maximum amount deductible for federal income tax purposes, are made to a pension trust fund. In 2006, the Company amended the pension plan to provide that no employee could be added as a participant to the pension plan after December 31, 2006. In 2014, the Company amended the pension plan again to provide that no additional benefits would accrue beyond April 30, 2014.

Net periodic pension benefit was as follows:

	Three months ended						Nine Months Ended
	September 30,						September 30,
	2019			2018			2019			2018
Service cost	$	—		$	—		$	—		$	—
Interest cost		128			125			384			375
Expected return on plan assets		(256	)		(273	)		(768	)		(819	)
Other components		147			143			441			429
Net periodic pension benefit (cost)	$	19		$	(5	)	$	57		$	(15	)

The Company does not expect to make any contribution to its pension plan in 2019. The Company made no contribution to its pension plan in 2018.