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Pension Plan (Tables)
12 Months Ended
Dec. 31, 2023
Pension Plan (Tables) [Line Items]  
Schedule of Allocation of Plan Assets [Table Text Block]

 

2023

2022

Equity and index funds

69.3%

69.0%

Fixed income funds

30.7

31.0

 

100.0%

100.0%

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

In thousands

2023

 

2022

Level 1:
    Equity and index funds

$

5,460

 

$

5,299

Fixed income funds

 

2,419

 

 

2,383

Total Level 1

 

7,879

 

 

7,682

Level 2

-

-

Level 3

 

-

 

 

-

Total pension plan assets

$

7,879

 

$

7,682

 

Schedule of Net Funded Status [Table Text Block]

In thousands

2023

 

2022

Change in benefit obligation:
Projected benefit obligation at
   beginning of year

$

10,545

 

$

14,055

Interest cost

546

372

Actuarial loss (gain)

 

541

 

 

(3,163)

Benefits paid

 

(664)

 

 

(719)

Projected benefit obligation at

   end of year

 

10,968

 

 

10,545

Change in plan assets:
Fair value of plan assets at
   beginning of year

 

7,682

 

 

10,561

Actual return on plan assets

861

(2,298)

Company contributions

 

            -

 

 

138

Benefits paid

 

(664)

 

 

(719)

Fair value of plan assets at end of
   year

 

7,879

 

 

7,682

Funded status (underfunded)

$

(3,089)

 

$

(2,863)

Amounts recognized in other
   accumulated comprehensive loss:

 

 

 

 

 

Net actuarial loss

$

7,585

 

$

7,649

Weighted average assumptions as of
   December 31:

 

 

 

 

 

Discount rate:

Components of cost

 

5.40%

 

 

2.75%

Benefit obligations

5.01%

5.40%

Expected return on plan assets

 

8.00%

 

 

8.00%

Rate of compensation increase

 

N/A

 

 

N/A

Schedule of Expected Benefit Payments [Table Text Block]

In thousands

2024

 

2025

 

2026

 

2027

 

2028

 

$

952

 

$

898

 

$

979

 

$

950

 

$

895

Schedule of Net Benefit Costs [Table Text Block]

In thousands

2023

 

2022

Interest cost

$

546

 

$

372

Expected return on plan assets

(564)

(804)

Recognized loss due to settlements

 

       -

 

 

       -

Amortization of net actuarial loss

 

307

 

 

290

Net periodic pension cost (benefit)

$

289

 

$

(142)

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

In thousands

2023

 

2022

Balance at beginning of year

$

7,649

 

$

8,001

Net actuarial loss (gain)

243

(62)

Recognized loss

 

(307)

 

 

(290)

Balance at end of year

$

7,585

 

$

7,649