Note 3 - Periodic Pension Expense (Tables)

3 Months Ended

Mar. 31, 2017

Notes Tables

Schedule of Net Benefit Costs [Table Text Block]

	2017			2016
Service cost - benefits earned during the period	$	16,000		$	14,000
Interest cost on projected benefit obligation		241,000			247,000
Expected return on plan assets		(304,000	)		(297,000	)
Recognized actuarial loss		277,000			266,000
Settlement loss		-			255,000
Net periodic pension cost	$	230,000		$	485,000