XML 81 R67.htm IDEA: XBRL DOCUMENT v3.3.1.900
EMPLOYEE BENEFIT PLANS (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]      
Eligibility age, Minimum 21 years    
Eligibility service period, Minimum 1 year    
Age of eligibility for outside director under Director Retirement Plan 75 years    
Employee Retirement Plan [Member]      
Net Periodic Benefit Cost [Abstract]      
Interest Cost $ 998 $ 1,003 $ 877
Expected return on plan assets (1,656) (1,774) (1,518)
Amortization of unrealized loss 1,677 948 1,803
Net periodic cost (credit) 1,019 177 1,162
Reconciliation of Projected benefit obligation [Roll Forward]      
Accumulated benefit obligation at end of period 25,396 27,635  
Projected benefit obligation at beginning of period 27,635 22,751  
Interest Cost 998 1,003 877
Actuarial Loss (1,796) 5,166  
Benefit payments (1,289) (1,183)  
Settlements (152) (102)  
Projected benefit obligation at end of period 25,396 27,635 22,751
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 24,457 24,402  
Return on plan assets (355) 1,327  
Contributions 15 13  
Benefit payments (1,289) (1,183)  
Settlements (152) (102)  
Balance at end of period 22,676 24,457 24,402
Funded Status [Abstract]      
Accrued retirement expense included in other liabilities (2,720) (3,178)  
Change in accumulated other comprehensive income (loss) [Abstract]      
Balance at beginning of period (13,463) (8,798)  
Amortization of unrealized loss 1,677 948 1,803
Loss recognized during the year (215) (5,613)  
Balance at the end of the period (12,001) (13,463) $ (8,798)
Period end component of accumulated other comprehensive loss (net of tax) 6,582 $ 7,384  
Employer contributions in next fiscal year $ 15    
Assumptions Used in Calculations [Abstract]      
Discount rate used for net periodic cost (credit) (in hundredths) 3.72% 4.56% 3.67%
Discount rate used to determine benefit obligation at period end (in hundredths) 3.98% 3.72% 4.56%
Expected long-term return on plan assets used for net periodic cost (credit) (in hundredths) 7.00% 7.50% 7.50%
Expected long-term return on plan assets used to determine benefit obligation at period end (in hundredths) 7.00% 7.00% 7.50%
Weighted average allocation by asset category of the assets [Abstract]      
Defined Benefit Plan, Actual Plan Asset Allocations 100.00% 100.00%  
Long-term investment objective allocation under Plan document (in hundredths) 100.00%    
Percentage to which bond fund portion is temporarily increased if plan is underfunded as defined in plan document 10.00% 10.00%  
Expected rate of return (in hundredths) 7.00%    
Long-term inflation rate (in hundredths) 2.50%    
Expected Future Benefit Payments [Abstract]      
2016 $ 1,579    
2017 1,574    
2018 1,569    
2019 1,573    
2020 1,568    
2021 to 2025 7,640    
Employee Retirement Plan [Member] | Fair Value [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 24,457    
Balance at end of period $ 22,676 $ 24,457  
Employee Retirement Plan [Member] | Equity Securities [Member]      
Weighted average allocation by asset category of the assets [Abstract]      
Defined Benefit Plan, Actual Plan Asset Allocations 58.00% 66.00%  
Defined Benefit Plan, Target Plan Asset Allocations 65.00%    
Employee Retirement Plan [Member] | Equity Securities [Member] | Minimum [Member]      
Weighted average allocation by asset category of the assets [Abstract]      
Expected rate of return (in hundredths) 6.00%    
Employee Retirement Plan [Member] | Equity Securities [Member] | Maximum [Member]      
Weighted average allocation by asset category of the assets [Abstract]      
Expected rate of return (in hundredths) 8.00%    
Employee Retirement Plan [Member] | Debt Securities [Member]      
Weighted average allocation by asset category of the assets [Abstract]      
Defined Benefit Plan, Actual Plan Asset Allocations 40.00% 32.00%  
Defined Benefit Plan, Target Plan Asset Allocations 34.00%    
Employee Retirement Plan [Member] | Domestic Large Cap, Mutual Fund [Member] | Fair Value [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period $ 2,920    
Balance at end of period 2,617 $ 2,920  
Employee Retirement Plan [Member] | Domestic Large Cap, Mutual Fund [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 2,920    
Balance at end of period 2,617 2,920  
Employee Retirement Plan [Member] | Domestic Large Cap, Mutual Fund [Member] | Significant Other Observable Inputs (Level 2) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Domestic Large Cap, Mutual Fund [Member] | Significant Unobservable Inputs (Level 3) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Domestic Mid Cap Equity Mutual Fund [Member] | Fair Value [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 1,417    
Balance at end of period 1,098 1,417  
Employee Retirement Plan [Member] | Domestic Mid Cap Equity Mutual Fund [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 1,417    
Balance at end of period 1,098 1,417  
Employee Retirement Plan [Member] | Domestic Mid Cap Equity Mutual Fund [Member] | Significant Other Observable Inputs (Level 2) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Domestic Mid Cap Equity Mutual Fund [Member] | Significant Unobservable Inputs (Level 3) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Domestic Small Cap, Mutual Fund [Member] | Fair Value [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 499    
Balance at end of period 402 499  
Employee Retirement Plan [Member] | Domestic Small Cap, Mutual Fund [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 499    
Balance at end of period 402 499  
Employee Retirement Plan [Member] | Domestic Small Cap, Mutual Fund [Member] | Significant Other Observable Inputs (Level 2) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Domestic Small Cap, Mutual Fund [Member] | Significant Unobservable Inputs (Level 3) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | International Equity Mutual Fund [Member] | Fair Value [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 3,076    
Balance at end of period 2,551 3,076  
Employee Retirement Plan [Member] | International Equity Mutual Fund [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 3,076    
Balance at end of period 2,551 3,076  
Employee Retirement Plan [Member] | International Equity Mutual Fund [Member] | Significant Other Observable Inputs (Level 2) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | International Equity Mutual Fund [Member] | Significant Unobservable Inputs (Level 3) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Fixed Income, Mutual Fund [Member] | Fair Value [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 7,786    
Balance at end of period 9,140 7,786  
Employee Retirement Plan [Member] | Fixed Income, Mutual Fund [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 7,786    
Balance at end of period 9,140 7,786  
Employee Retirement Plan [Member] | Fixed Income, Mutual Fund [Member] | Significant Other Observable Inputs (Level 2) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Fixed Income, Mutual Fund [Member] | Significant Unobservable Inputs (Level 3) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period $ 0 $ 0  
Employee Retirement Plan [Member] | Fixed Income [Member] | Minimum [Member]      
Weighted average allocation by asset category of the assets [Abstract]      
Expected rate of return (in hundredths) 3.00%    
Employee Retirement Plan [Member] | Fixed Income [Member] | Maximum [Member]      
Weighted average allocation by asset category of the assets [Abstract]      
Expected rate of return (in hundredths) 5.00%    
Employee Retirement Plan [Member] | Cash Equivalent Mutual Fund [Member]      
Weighted average allocation by asset category of the assets [Abstract]      
Defined Benefit Plan, Actual Plan Asset Allocations 2.00% 2.00%  
Defined Benefit Plan, Target Plan Asset Allocations 1.00%    
Employee Retirement Plan [Member] | Cash Equivalent Mutual Fund [Member] | Fair Value [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period $ 687    
Balance at end of period 338 $ 687  
Employee Retirement Plan [Member] | Cash Equivalent Mutual Fund [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 687    
Balance at end of period 338 687  
Employee Retirement Plan [Member] | Cash Equivalent Mutual Fund [Member] | Significant Other Observable Inputs (Level 2) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Cash Equivalent Mutual Fund [Member] | Significant Unobservable Inputs (Level 3) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Domestic Large Cap, Common Collective Investment Funds [Member] | Fair Value [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 5,012    
Balance at end of period 4,028 5,012  
Employee Retirement Plan [Member] | Domestic Large Cap, Common Collective Investment Funds [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Domestic Large Cap, Common Collective Investment Funds [Member] | Significant Other Observable Inputs (Level 2) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 5,012    
Balance at end of period 4,028 5,012  
Employee Retirement Plan [Member] | Domestic Large Cap, Common Collective Investment Funds [Member] | Significant Unobservable Inputs (Level 3) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Domestic Mid Cap Common Collective Trust Fund [Member] | Fair Value [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 679    
Balance at end of period 541 679  
Employee Retirement Plan [Member] | Domestic Mid Cap Common Collective Trust Fund [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Domestic Mid Cap Common Collective Trust Fund [Member] | Significant Other Observable Inputs (Level 2) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 679    
Balance at end of period 541 679  
Employee Retirement Plan [Member] | Domestic Mid Cap Common Collective Trust Fund [Member] | Significant Unobservable Inputs (Level 3) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Domestic Small Cap Common Collective Trust Fund [Member] | Fair Value [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 1,483    
Balance at end of period 1,184 1,483  
Employee Retirement Plan [Member] | Domestic Small Cap Common Collective Trust Fund [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | Domestic Small Cap Common Collective Trust Fund [Member] | Significant Other Observable Inputs (Level 2) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 1,483    
Balance at end of period 1,184 1,483  
Employee Retirement Plan [Member] | Domestic Small Cap Common Collective Trust Fund [Member] | Significant Unobservable Inputs (Level 3) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | International Equity Common Collective Trust Fund [Member] | Fair Value [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 898    
Balance at end of period 777 898  
Employee Retirement Plan [Member] | International Equity Common Collective Trust Fund [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
Employee Retirement Plan [Member] | International Equity Common Collective Trust Fund [Member] | Significant Other Observable Inputs (Level 2) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 898    
Balance at end of period 777 898  
Employee Retirement Plan [Member] | International Equity Common Collective Trust Fund [Member] | Significant Unobservable Inputs (Level 3) [Member]      
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0    
Balance at end of period 0 0  
BMP and Director Retirement Plan [Member]      
Net Periodic Benefit Cost [Abstract]      
Interest Cost 375 347 $ 281
Amortization of unrealized loss 242 98 545
Net periodic cost (credit) 617 445 826
Reconciliation of Projected benefit obligation [Roll Forward]      
Accumulated benefit obligation at end of period 11,062 11,077  
Projected benefit obligation at beginning of period 11,077 8,645  
Interest Cost 375 347 281
Actuarial Loss (219) 2,266  
Benefit payments (171) (181)  
Projected benefit obligation at end of period 11,062 11,077 8,645
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0 0  
Contributions 171 181  
Benefit payments (171) (181)  
Balance at end of period 0 0 0
Funded Status [Abstract]      
Accrued retirement expense included in other liabilities (11,062) (11,077)  
Change in accumulated other comprehensive income (loss) [Abstract]      
Balance at beginning of period (3,250) (1,081)  
Amortization of unrealized loss 242 98 545
Loss recognized during the year 220 (2,267)  
Balance at the end of the period (2,788) (3,250) (1,081)
Period end component of accumulated other comprehensive loss (net of tax) 1,529 1,782  
Expected Future Benefit Payments [Abstract]      
2016 894    
2017 882    
2018 867    
2019 849    
2020 859    
2021 to 2025 4,026    
Postretirement Benefit Plans [Member]      
Net Periodic Benefit Cost [Abstract]      
Service Cost 9 41 60
Interest Cost 94 232 227
Curtailment gain [1] (3,394) 0 0
Amortization of unrealized loss (19) 0 48
Net periodic cost (credit) (3,310) 273 335
Reconciliation of Projected benefit obligation [Roll Forward]      
Accumulated benefit obligation at end of period 1,825 4,284  
Projected benefit obligation at beginning of period 4,284 4,998  
Service Cost 9 41 60
Interest Cost 94 232 227
Actuarial Loss (143) 309  
Benefit payments (89) (95)  
Plan amendments 0 (1,201)  
Curtailment (2,330) 0  
Projected benefit obligation at end of period 1,825 4,284 4,998
Plan assets at fair value [Roll Forward]      
Balance at beginning of period 0 0  
Contributions 89 95  
Benefit payments (89) (95)  
Balance at end of period 0 0 0
Funded Status [Abstract]      
Deficiency of plan assets over projected benefit obligation (1,825) (4,284)  
Accrued retirement expense included in other liabilities (1,825) (4,284)  
Change in accumulated other comprehensive income (loss) [Abstract]      
Balance at beginning of period 1,292 400  
Amortization of unrealized loss (19) 0 48
Loss recognized during the year 142 (309)  
Recognition of prior service cost (1,064) 0  
Defined Benefit Plan, Plan Amendments 0 1,201  
Balance at the end of the period 351 1,292 $ 400
Period end component of accumulated other comprehensive loss (net of tax) $ (192) $ (709)  
Assumptions Used in Calculations [Abstract]      
Discount rate used for net periodic cost (credit) (in hundredths) 3.80% 4.72% 3.72%
Discount rate used to determine benefit obligation at period end (in hundredths) 3.58% 3.80% 4.72%
Rate of increase in compensation levels used for net periodic cost (credit) (in hundredths) 3.50% 3.50% 3.50%
Rate of increase in compensation levels used to determine benefit obligation at period end (in hundredths) 3.50% 3.50% 3.50%
Expected Future Benefit Payments [Abstract]      
2016 $ 116    
2017 113    
2018 109    
2019 104    
2020 97    
2021 to 2025 390    
Assumed Health Care Cost Trend Rates [Abstract]      
Effect of one percentage point increase on net periodic cost 3    
Effect of one percentage point decrease on net periodic cost $ 3    
Health care cost trend rate assumed for next fiscal year (in hundredths) 6.50%    
Ultimate health care cost trend rate (in hundredths) 5.00%    
Effect of one percentage point increase on accumulated postretirement benefit obligation $ 32    
Effect of one percentage point decrease on accumulated postretirement benefit obligation (29)    
Director Retirement Plan [Member]      
Change in accumulated other comprehensive income (loss) [Abstract]      
Employer contributions in next fiscal year 208    
Actuarial losses anticipated to be recognized as component of net periodic cost $ 88    
Assumptions Used in Calculations [Abstract]      
Discount rate used for net periodic cost (credit) (in hundredths) 3.49% 4.22% 3.30%
Discount rate used to determine benefit obligation at period end (in hundredths) 3.67% 3.49% 4.22%
BMP [Member]      
Change in accumulated other comprehensive income (loss) [Abstract]      
Defined Contribution cost recognized $ 1,900 $ 1,789 $ 2,377
Employer contributions in next fiscal year 686    
Actuarial losses anticipated to be recognized as component of net periodic cost $ 73    
Assumptions Used in Calculations [Abstract]      
Discount rate used for net periodic cost (credit) (in hundredths) 3.39% 4.00% 3.09%
Discount rate used to determine benefit obligation at period end (in hundredths) 3.54% 3.39% 4.00%
Investments in the Holding Company's common stock $ 14,402 $ 13,232  
[1] (1) The Postretirement Plan was amended effective March 31, 2015, whereby post-amendment retirees are not eligible to participate in the plan. The amendment resulted in a curtailment gain.