Pension Plans (Tables)

6 Months Ended

Jun. 30, 2017

Compensation And Retirement Disclosure [Abstract]

Summary Of Pension Plan Funded Status and Amounts Recognized in Financial Condition Statements

The following table sets forth the Old Pension Plan’s funded status and amounts recognized in the Bank’s consolidated statements of financial condition as of June 30, 2017 and December 31, 2016 using a measurement date as of June 30, 2017 and December 31, 2016, respectively:

	June 30,			December 31,
	2017			2016
	(Unaudited)
Projected benefit obligation	$	(14,108	)	$	(14,142	)
Fair value of plan assets		14,963			15,038
Funded status	$	855		$	896
Accumulated benefit obligation	$	(14,108	)	$	(14,142	)

Benefit Costs Recognized in Accumulated Other Comprehensive Loss

Amounts recognized in accumulated other comprehensive loss, which will be amortized into net periodic benefit cost over the coming years, consisted of the following components at June 30, 2017 and December 31, 2016:

	June 30,			December 31,
	2017			2016
	(Unaudited)
Net loss	$	(9,249	)	$	(9,217	)

Net Periodic Benefit Cost and Amounts Recognized in Other Comprehensive Loss

The net periodic benefit cost and amounts recognized in other comprehensive loss are as follows for the six months ended June 30, 2017 and the year ended December 31, 2016:

	June 30,		December 31,
	2017		2016
	(Unaudited)
Net periodic benefit	$	10	$	79
Net actuarial gain (loss)		31		(456	)
Total recognized in net periodic benefit cost and other    comprehensive loss	$	41	$	(377	)

Weighted Average Assumptions Used to Determine Net Benefit Obligations

Weighted-average assumptions used by the Bank to determine the net benefit obligations consisted of the following as of June 30, 2017 and December 31, 2016:

	June 30,		December 31,
	2017		2016
	(Unaudited)
Discount rate		4.25%		4.25%
Rate of compensation increase		0.00%		0.00%

Weighted Average Assumptions Used to Determine Net Benefit Cost

Weighted-average assumptions used by the Bank to determine the net benefit cost consisted of the following for the three months ended June 30, 2017 and for the year ended December 31, 2016:

	June 30,		December 31,
	2017		2016
	(Unaudited)
Discount rate		4.25%		4.25%
Rate of compensation increase		0.00%		0.00%
Expected long-term rate of return on assets		6.00%		6.00%

Employer Contributions and Benefit Payments

Employer contributions and benefit payments for the six months ended June 30, 2017 and for the year ended December 31, 2016 are as follows:

	June 30,		December 31,
	2017		2016
	(Unaudited)
Employer contribution	$	—	$	870
Benefits paid	$	184	$	853

Expected Employee Benefit Payments

Employee benefit payments expected to be paid in the future are as follows:

As of June 30,
2017	$	670
2018		841
2019		840
2020		818
2021		798
Thereafter		3,841
	$	7,808

Year ending December 31,
2017	$	854
2018		841
2019		840
2020		818
2021		798
Thereafter		3,841
	$	7,992