Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2019

Compensation And Retirement Disclosure [Abstract]

Change in Benefit Obligations

The following table summarizes the projected benefit obligations, plan assets, funded status and rate assumptions associated with the SERP based upon actuarial valuations, for the years ended December 31, 2019, 2018 and 2017.

(In thousands)
Changes in Benefit Obligations	2019			2018			2017
Benefit obligation, beginning	$	2,574		$	2,485		$	2,531
Service cost		169			171			164
Interest cost		100			84			92
Actuarial gain		(20	)		(18	)		(141	)
Benefits paid		(148	)		(148	)		(161	)
Benefit obligation, ending	$	2,675		$	2,574		$	2,485
Funded status at December 31,	$	(2,675	)	$	(2,574	)	$	(2,485	)
Changes in Plan Assets
Fair value of plan assets, beginning	$	-		$	-		$	-
Employer contributions		148			148			161
Benefits paid		(148	)		(148	)		(161	)
Fair value of plan assets, ending	$	-		$	-		$	-

Amounts Recognized on Balance Sheet

Amounts recognized in the Balance Sheets	2019			2018			2017
Other assets, deferred income tax benefit	$	479		$	513		$	542
Other liabilities		2,675			2,574			2,485
Accumulated other comprehensive income	157			140				125
Amounts recognized in accumulated other comprehensive income (loss)
Net gain	$	176		$	155		$	137
Prior service cost	22			22			21
Deferred tax expense		(41	)		(37	)		(33	)
Amount recognized	$	157		$	140		$	125

Components of Net Periodic Benefit Cost

Components of net periodic benefit cost	2019		2018		2017
Service cost	$	169	$	171	$	164
Interest cost	100		84		92
Amortization of prior service cost		1		1		1
Net periodic benefit cost	$	270	$	256	$	257

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	2019		2018		2017
Net gain	$	20	$	18	$	140
Amortization of prior service cost		1		1		1
Total recognized		21		19		141
Less: Income tax effect		4		4		27
Net amount recognized in other comprehensive income	$	17	$	15	$	114

Total Recognized in Net Periodic Benefit Costs and Other Comprehensive Income Before Income Tax

The total recognized net periodic benefit costs and other comprehensive income before income tax follows:

(In thousands)
2019		2018		2017
$	249	$	237	$	116

Weighted Average Assumptions

Weighted-average assumptions:	2019			2018			2017
Discount rate used for net periodic benefit cost		4.00	%		3.50	%		3.75	%
Discount rate used for benefit obligation		3.00	%		4.00	%		3.50	%
Rate of compensation increase for net periodic benefit cost and benefit obligation		3.25	%		3.25	%		3.25	%

Schedule of Estimated Future Benefit Payments

Estimated future benefit payments follows:

(In thousands)
For the years ending December 31,	Amount
2020	$	212
2021		203
2022		203
2023		203
2024		203
Thereafter		1,016