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Postretirement Benefits (Tables)
12 Months Ended
Dec. 31, 2017
Compensation and Retirement Disclosure [Abstract]  
Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block]
Included in accumulated other comprehensive income at December 31, 2017, 2016 and 2015 are the following amounts that have not yet been recognized in net periodic benefit cost:
 
 
 
December 31
 
 
 
2017
 
2016
 
2015
 
 
 
(In Thousands)
 
Unrecognized prior service cost
 
$
39
 
$
52
 
$
53
 
Unrecognized actuarial losses
 
 
551
 
 
392
 
 
593
 
Total loss recognized in Accumulated Other Comprehensive Income
 
 
590
 
 
444
 
 
646
 
Income tax effect
 
 
(206)
 
 
(155)
 
 
(226)
 
Net loss recognized in Accumulated Other Comprehensive Income
 
$
384
 
$
289
 
$
420
 
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
The plan is not currently funded. The following table summarizes benefit obligation and plan asset activity for the plan measured as of December 31 each year:
 
 
 
December 31
 
 
 
2017
 
2016
 
 
 
(In Thousands)
 
Change in benefit obligation:
 
 
 
 
 
 
 
Benefit obligation at beginning of year
 
$
2,985
 
$
3,115
 
Service cost
 
 
58
 
 
53
 
Interest cost
 
 
117
 
 
128
 
Participant contribution
 
 
29
 
 
29
 
Plan amendments for acquisitions
 
 
-
 
 
12
 
Actuarial (gains) / losses
 
 
166
 
 
(184)
 
Benefits paid
 
 
(161)
 
 
(168)
 
Benefit obligation at end of year
 
 
3,194
 
 
2,985
 
Change in fair value of plan assets:
 
 
 
 
 
 
 
Balance at beginning of year
 
 
-
 
 
-
 
Employer contribution
 
 
132
 
 
139
 
Participant contribution
 
 
29
 
 
29
 
Benefits paid
 
 
(161)
 
 
(168)
 
Balance at end of year
 
 
-
 
 
-
 
Funded status at end of year
 
$
(3,194)
 
$
(2,985)
 
Schedule of Net Benefit Costs [Table Text Block]
Net periodic postretirement benefit cost includes the following components:
 
 
 
Years Ended December 31
 
 
 
2017
 
2016
 
2015
 
 
 
(In Thousands)
 
Service cost-benefits attributable to service during the period
 
$
58
 
$
53
 
$
65
 
Interest cost on accumulated postretirement benefit obligation
 
 
117
 
 
128
 
 
130
 
Net amortization and deferral
 
 
19
 
 
30
 
 
47
 
Net periodic postretirement benefit cost
 
 
194
 
 
211
 
 
242
 
Net (gain) / loss during the year
 
 
166
 
 
(184)
 
 
(204)
 
Plan amendment for acquisition
 
 
-
 
 
12
 
 
-
 
Amortization of prior service cost and actuarial losses
 
 
(19)
 
 
(30)
 
 
(47)
 
Total recognized in comprehensive income
 
 
147
 
 
(202)
 
 
(251)
 
Total recognized in net periodic postretirement benefit cost and other comprehensive income
 
$
341
 
$
9
 
$
(9)
 
Assumptions Are Used In Determining Components Of Postretirement Benefit Obligation [Table Text Block]
The following assumptions were used in determining the components of the postretirement benefit obligation:
 
 
 
2017
 
2016
 
2015
 
Weighted average discount rates:
 
 
 
 
 
 
 
 
 
 
Used to determine benefit obligations at December 31
 
 
3.50
%
 
4.00
%
 
4.25
%
Used to determine net periodic postretirement benefit cost for years ended December 31
 
 
4.00
%
 
4.25
%
 
4.25
%
 
 
 
 
 
 
 
 
 
 
 
Assumed health care cost trend rates at December 31:
 
 
 
 
 
 
 
 
 
 
Health care cost trend rate assumed for next year
 
 
7.00
%
 
7.50
%
 
6.50
%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)
 
 
5.00
%
 
5.00
%
 
5.00
%
Year that rate reaches ultimate trend rate
 
 
2022
 
 
2022
 
 
2019
 
Schedule of Expected Benefit Payments [Table Text Block]
The following benefits are expected to be paid over the next five years and in aggregate for the next five years thereafter. Because the plan is unfunded, the expected net benefits to be paid and the estimated Company contributions are the same amount.
 
 
 
Expected to be Paid
 
 
 
(In Thousands)
 
2018
 
$
174
 
2019
 
 
181
 
2020
 
 
194
 
2021
 
 
210
 
2022
 
 
191
 
2023 through 2027
 
 
1,073
 
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]
Assumed health care cost trend rates have a significant effect on the amounts reported for the health care plans. A one-percentage-point change in assumed health care cost trend rates would have the following effect:
 
 
 
One-Percentage-Point
Increase
 
One-Percentage-Point
Decrease
 
 
 
Year Ended December 31
 
Year Ended December 31
 
 
 
2017
 
2016
 
2017
 
2016
 
 
 
(In Thousands)
 
Effect on total of service and interest cost
 
$
25
 
$
27
 
$
(21)
 
$
(22)
 
Effect on postretirement benefit obligation
 
 
392
 
 
369
 
 
(333)
 
 
(314)