| Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract] | |
Schedule of components of net periodic benefit cost | Information pertaining to the activity in the plan is as follows (dollars in thousands): | | | | | | | | | | | | | | As of and for the Years Ended December 31, | | 2016 | | 2015 | | 2014 | Change in Benefit Obligation: | | | | | | Projected benefit obligation at beginning of year | $ | 8,453 |
| | $ | 10,710 |
| | $ | 8,996 |
| Service cost | — |
| | — |
| | — |
| Interest cost | 269 |
| | 297 |
| | 304 |
| Actuarial (gain) loss | 352 |
| | (100 | ) | | 1,606 |
| Settlement gain | (51 | ) | | — |
| | — |
| Benefits paid | (1,091 | ) | | (2,454 | ) | | (196 | ) | Projected benefit obligation at end of year | 7,932 |
| | 8,453 |
| | 10,710 |
| | | | | | | Change in Plan Assets: | |
| | |
| | |
| Fair value of plan assets at beginning of year | 8,428 |
| | 10,949 |
| | 10,870 |
| Actual return on plan assets | 310 |
| | (67 | ) | | 275 |
| Benefits paid | (1,091 | ) | | (2,454 | ) | | (196 | ) | Fair value of plan assets at end of year | 7,647 |
| | 8,428 |
| | 10,949 |
| | | | | | | Funded Status at End of Year | $ | (285 | ) | | $ | (25 | ) | | $ | 239 |
| | | | | | | Amounts Recognized in the Consolidated Balance Sheets | |
| | |
| | |
| Other (liabilities) assets | $ | (285 | ) | | $ | (25 | ) | | $ | 239 |
| | | | | | | Amounts Recognized in Accumulated Other Comprehensive Loss | |
| | |
| | |
| Net actuarial loss | $ | 2,652 |
| | $ | 2,818 |
| | $ | 3,356 |
| Deferred income taxes | (928 | ) | | (986 | ) | | (1,175 | ) | Amount recognized | $ | 1,724 |
| | $ | 1,832 |
| | $ | 2,181 |
| | | | | | | | As of and for the Years Ended December 31, | | 2016 | | 2015 | | 2014 | Components of Net Periodic Benefit Cost | |
| | |
| | |
| Service cost | $ | — |
| | $ | — |
| | $ | — |
| Interest cost | 269 |
| | 297 |
| | 304 |
| Expected return on plan assets | (385 | ) | | (459 | ) | | (469 | ) | Recognized net loss due to settlement | 315 |
| | 671 |
| | — |
| Recognized net actuarial loss | 228 |
| | 293 |
| | 73 |
| Net periodic benefit cost | $ | 427 |
| | $ | 802 |
| | $ | (92 | ) |
| | | | | | | | | | | | | Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Income) Loss | | | | | | Net actuarial (gain) loss | $ | (166 | ) | | $ | (538 | ) | | $ | 1,728 |
| Amortization of prior service cost | — |
| | — |
| | — |
| Total recognized in other comprehensive (income) loss | $ | (166 | ) | | $ | (538 | ) | | $ | 1,728 |
| | | | | | | Total Recognized in Net Periodic Benefit Cost and Other Comprehensive (Income) Loss | $ | 262 |
| | $ | 264 |
| | $ | 1,636 |
|
|
Weighted-average asset allocations by asset category | Below is a description of the plan's assets. The plan's weighted-average asset allocations by asset category are as follows as of December 31, 2016 and 2015: | | | | | | | Asset Category | December 31, | | 2016 | | 2015 | Fixed Income | 51.3 | % | | 59.5 | % | Equity | 38.0 | % | | 32.0 | % | Cash and Accrued Income | 10.7 | % | | 8.5 | % | Total | 100.0 | % | | 100.0 | % |
|
Fair value of pension plan assets by asset category | The fair value of the Company's pension plan assets at December 31, 2016 and 2015, by asset category are as follows (dollars in thousands): | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at December 31, 2016 using | | Balance at December 31, | | Quoted Prices in Active Markets for Identical Assets | | Significant Other Observable Inputs | | Significant Unobservable Inputs | Asset Category | 2016 | | Level 1 | | Level 2 | | Level 3 | Cash | $ | 780 |
| | $ | 780 |
| | $ | — |
| | $ | — |
| Fixed income securities | |
| | |
| | |
| | |
| Government sponsored entities | 1,496 |
| | — |
| | 1,496 |
| | — |
| Municipal bonds and notes | 1,453 |
| | — |
| | 1,453 |
| | — |
| Corporate bonds and notes | 973 |
| | — |
| | 973 |
| | — |
| Equity securities | |
| | |
| | |
| | |
| U.S. companies | 2,505 |
| | 2,505 |
| | — |
| | — |
| Foreign companies | 440 |
| | 440 |
| | — |
| | — |
| | $ | 7,647 |
| | $ | 3,725 |
| | $ | 3,922 |
| | $ | — |
|
| | | | | | | | | | | | | | | | | | | | Fair Value Measurements at December 31, 2015 using | | Balance at December 31, | | Quoted Prices in Active Markets for Identical Assets | | Significant Other Observable Inputs | | Significant Unobservable Inputs | Asset Category | 2015 | | Level 1 | | Level 2 | | Level 3 | Cash | $ | 675 |
| | $ | 675 |
| | $ | — |
| | $ | — |
| Fixed income securities | |
| | |
| | |
| | |
| Government sponsored entities | 2,287 |
| | — |
| | 2,287 |
| | — |
| Municipal bonds and notes | 1,084 |
| | — |
| | 1,084 |
| | — |
| Corporate bonds and notes | 1,641 |
| | — |
| | 1,641 |
| | — |
| Equity securities | |
| | |
| | |
| | | U.S. companies | 2,481 |
| | 2,481 |
| | — |
| | — |
| Foreign companies | 260 |
| | 260 |
| | — |
| | — |
| | $ | 8,428 |
| | $ | 3,416 |
| | $ | 5,012 |
| | $ | — |
|
|
Projected benefit payments | Projected benefit payments for the years 2017 to 2026 are as follows (dollars in thousands): | | | | | Year | Amount | 2017 | $ | 1,033 |
| 2018 | 514 |
| 2019 | 1,053 |
| 2020 | 423 |
| 2021 | 624 |
| 2022-2026 | 3,151 |
|
|