Employee Retirement Plans

9 Months Ended

Sep. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

7. Employee Retirement Plans

The components of the Company’s net pension expense were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
	(Dollars in thousands)
Benefits earned during the period	$	316	$	447	$	947	$	1,279
Interest cost on projected benefit obligation		647		608		1,939		1,794
Expected return on plan assets		(586)		(525)		(1,757)		(1,569)
Net amortization and deferral		176		440		530		1,262
Net pension expense	$	553	$	970	$	1,659	$	2,766

The Company made $1.3 million in pension contributions during the nine months ended September 30, 2014. No additional cash contributions are expected for the remainder of 2014.