XBRL Cloud: Business Report

Rendering

Component: (Network and Table)
Network	1044 - Disclosure - Employee Benefits (Tables) (http://www.iroquoisfed.com/taxonomy/role/NotesToFinancialStatementsPensionAndOtherPostretirementBenefitsDisclosureTextBlockTables)
Table	(Implied)

Slicers (applies to each fact value in each table cell)

Reporting Entity [Axis]

0001514743 (http://www.sec.gov/CIK)

Compensation and Retirement Disclosure [Abstract]

Period [Axis]

2015-07-01 - 2016-06-30

Compensation and Retirement Disclosure [Abstract]

Plan's Funded Status and Pension Cost

The Company uses a June 30 measurement date for the plan. Information about the plan’s funded status and pension cost follows:


	2016			2015
Change in benefit obligation
Beginning of year	$	2,654		$	2,387
Service cost		46			48
Interest cost		111			100
Actuarial loss		266			203
Benefits paid		(110	)		(84	)

End of year	$	2,967		$	2,654

Significant Balances, Costs and Assumptions

Significant balances, costs and assumptions are:


	Postretirement Plan
	2016			2015
Benefit obligation	$	2,967		$	2,654
Fair value of plan assets		—			—

Funded status	$	(2,967	)	$	(2,654	)

Accumulated benefit obligation	$	2,967		$	2,654

Amounts recognized in the consolidated balance sheets:


Accrued benefit cost	$	2,967	$	2,654

Net Periodic Benefit Cost

Components of net periodic benefit cost:


	2016			2015
Service cost	$	46		$	48
Interest cost		111			100
Amortization of prior service credit		(48	)		(48	)
Amortization of transition amount		—			25
Amortization of (Gain) or Loss		26			9

	$	135		$	134

Accumulated Other Comprehensive Income Not Yet Recognized

Amounts recognized in accumulated other comprehensive income not yet recognized as components of net periodic benefit cost consist of:


	2016			2015
Net loss	$	772		$	531
Prior service credit		(82	)		(129	)

	$	690		$	402

Other Significant Balances and Costs

Other significant balances and costs are:


	2016		2015
Employer contribution	$	110	$	84
Benefits paid		110		84
Benefit costs		135		134

One-percentage-Point Change in Assumed Health Care Cost Trend Rates

A one-percentage-point change in assumed health care cost trend rates would have the following effects:


	One- Percentage- Point Increase		One- Percentage- Point Decrease
Effect on total of service and interest cost components	$	4	$	(4	)
Effect on postretirement benefit obligation		36		(40	)

Postretirement Plan Benefit Payments Expected Future Service

The following postretirement plan benefit payments, which reflect expected future service, as appropriate, are expected to be paid as of June 30, 2016:


2017	$	123
2018		134
2019		148
2020		158
2021		167
2022-2026		981

Benefit Payments Expected to be Paid for Agreements

The following benefit payments are expected to be paid for these agreements:


2017	$	65
2018		65
2019		85
2020		102
2021		135
Thereafter		3,168

	$	3,620