Note 3 - Periodic Pension Expense (Tables)

3 Months Ended

Mar. 31, 2016

Notes Tables

Schedule of Net Benefit Costs [Table Text Block]

	2016			2015
Service cost - benefits earned during the period	$	14,000		$	26,000
Interest cost on projected benefit obligation		247,000			238,000
Expected return on plan assets		(297,000	)		(336,000	)
Recognized actuarial loss		266,000			199,000
Settlement loss		255,000			-
Net periodic pension cost	$	485,000		$	127,000