Employee Retirement Plans

9 Months Ended

Sep. 30, 2015

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

6. 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,
	2015		2014		2015		2014
	(Dollars in thousands)
Benefits earned during the period	$	411	$	316	$	1,232	$	947
Interest cost on projected benefit obligation		674		647		2,021		1,939
Expected return on plan assets		(593)		(586)		(1,777)		(1,757)
Net amortization and deferral		445		176		1,335		530
Net pension expense	$	937	$	553	$	2,811	$	1,659

The Company made approximately $2.6 million in pension contributions during the nine months ended September 30, 2015. No additional cash contributions are expected for the remainder of 2015.