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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]  
Reconciliation of Changes in Defined Benefit Plan's Obligations and Fair Value of Assets
The following tables provide a reconciliation of the changes in the supplemental executive retirement plan's obligations over the three-year period ending December 31, 2013, computed as of December 31, 2013, 2012 and 2011.
 
Change in Benefit Obligations
(In thousands)
 
2013
  
2012
  
2011
 
 
 
  
  
 
Projected benefit obligation, beginning
 
$
1,637
  
$
1,218
  
$
1,315
 
Service cost
  
114
   
92
   
106
 
Interest cost
  
65
   
55
   
72
 
Actuarial (gain) loss
  
(8
)
  
272
   
(275
)
Benefits paid
  
-
   
-
   
-
 
Prior service cost due to amendment
  
-
   
-
   
-
 
Benefit obligation, ending
 
$
1,808
  
$
1,637
  
$
1,218
 
 
            
Fair value of plan assets, ending
 
$
-
  
$
-
  
$
-
 
 
            
Funded status at December 31,
 
$
(1,808
)
 
$
(1,637
)
 
$
(1,218
)
 
Amounts recognized on Balance Sheet and Accumulated Other Comprehensive Loss and Funded Status

Amount recognized on the Balance Sheet
(In thousands)
 
2013
  
2012
  
2011
 
 
 
  
  
 
Other assets, deferred income tax benefit
 
$
615
  
$
556
  
$
614
 
Other liabilities
  
1,808
   
1,637
   
1,218
 
Accumulated other comprehensive income (loss)
  
53
   
47
   
239
 
 
            
Amounts recognized in accumulated other comprehensive gain (loss)
            
Net gain (loss)
 
$
6
  
$
53
  
$
345
 
Prior service cost
  
19
   
18
   
17
 
Net obligation at transition
  
-
   
-
   
-
 
Deferred tax benefit (expense)
  
28
   
(24
)
  
(123
)
Amount recognized
 
$
53
  
$
47
  
$
239
 
 
            
Funded Status
            
Benefit obligation
 
$
(1,808
)
 
$
(1,637
)
 
$
(1,218
)
Fair value of assets
  
-
   
-
   
-
 
Unrecognized net actuarial (gain)/loss
  
-
   
-
   
-
 
Unrecognized net obligation at transition
  
-
   
-
   
-
 
Unrecognized prior service cost
  
-
   
-
   
-
 
(Accrued)/prepaid benefit cost included in other liabilities
 
$
(1,808
)
 
$
(1,637
)
 
$
(1,218
)


Components of Net Periodic Benefit Costs
Components of Net Periodic Benefit Cost
(In thousands)
 
2013
  
2012
  
2011
 
 
 
  
  
 
Service cost
 
$
114
  
$
92
  
$
106
 
Interest cost
  
65
   
55
   
72
 
Expected return on plan assets
  
-
   
-
   
-
 
Amortization of prior service cost
  
1
   
1
   
1
 
Amortization of net obligation at transition
  
-
   
-
   
-
 
Recognized net actuarial loss (gain)
  
-
   
(20
)
  
-
 
Net periodic benefit cost
 
$
180
  
$
128
  
$
179
 

Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income
 
(In thousands)
 
2013
  
2012
  
2011
 
 
 
  
  
 
Net gain (loss)
 
$
8
  
$
(292
)
 
$
274
 
Prior service cost
  
-
   
-
   
-
 
Amortization of prior service cost
  
1
   
1
   
1
 
Net obligation at transition
  
-
   
-
   
-
 
Amortization of net obligation a transition
  
-
   
-
   
-
 
Total recognized
  
9
   
(291
)
  
275
 
 
            
Less: Income tax effect
  
3
   
(99
)
  
93
 
Net amount recognized in other comprehensive income (loss)
 
$
6
  
$
(192
)
 
$
182
 


Total Recognized in Net Periodic Benefit Costs and Other Comprehensive Income (Loss) [Table Text Block]
Total Recognized in Net Periodic Benefit Costs and Other Comprehensive (Income) Loss before Income Tax
(In thousands)
2013
 
2012
 
2011
 
 
$
171
  
$
419
  
$
(96
)

Weighted Average Assumptions Used in Computing Benefit Obligations and Net Periodic Benefit Costs
The assumptions used in the measurement of the Company's benefit obligations are shown in the following table.

 Weighted-Average Assumptions used in computing ending obligations as of December 31
2013
 
2012
 
2011
 
 
 
 
 
 
Discount rate used for net periodic benefit cost
 
4.00%
 
 
4.50%
 
 
5.50%
Discount rate used for disclosures
 
4.50%
 
 
4.00%
 
 
4.50%
Expected return on plan assets
 
N/A
 
 
N/A
 
 
N/A
Rate of compensation increase
 
3.25%
 
 
3.25%
 
 
4.00%

Estimated Future Benefit Payments
Estimated future benefit payments which reflect expected future service, as appropriate, are as follows.

Payment Dates
 
Amount
 
For the 12 months ending:
 
(In thousands)
 
December 31, 2014
 
$
2
 
December 31, 2015
  
26
 
December 31, 2016
  
94
 
December 31, 2017
  
94
 
December 31, 2018
  
131
 
Thereafter
  
766