2.4.0.8015 - Disclosure - NOTE 9 - PENSION PLAN BENEFITStruefalsefalse1false falsefalseContext_6ME__30-Jun-2013http://www.sec.gov/CIK0000353191duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_CompensationAndRetirementDisclosureAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Compensation and Retirement Disclosure [Abstract]2false 2us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1falsefalsefalse00NOTE 9 - PENSION PLAN BENEFITS   The Company has a supplemental retirement plan for key executives and a supplemental retirement plan for certain retired key executives and directors. These plans are nonqualified defined benefit plans and are unsecured. Total contributions paid were $63,000 for the three months ended June 30, 2013 and 2012. Components of net periodic benefit cost for the Company’s supplemental nonqualified defined benefit plans for the three and six months ended June 30, 2013 and 2012 are presented in the following table (in thousands):   <table style="font: 10pt/normal times new roman, times, serif; width: 100%; border-collapse: collapse; font-size-adjust: none; font-stretch: normal;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td style="text-indent: -10pt; padding-left: 10pt;"></td> <td style="font-weight: bold;"></td> <td style="text-align: center; font-weight: bold;" colspan="7">Three months ended June 30,</td> <td style="font-weight: bold;"></td> <td style="text-align: center; font-weight: bold;" colspan="7">Six months ended June 30,</td> </tr> <tr style="vertical-align: bottom;"> <td style="border-bottom: black 1pt solid; text-indent: -10pt; padding-left: 10pt; font-weight: bold;">Components of net periodic benefits cost:</td> <td style="padding-bottom: 1pt; font-weight: bold;"></td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2">2013</td> <td style="text-align: center; font-weight: bold;"></td> <td style="padding-bottom: 1pt; font-weight: bold;"></td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2">2012</td> <td style="text-align: center; font-weight: bold;"></td> <td style="padding-bottom: 1pt; font-weight: bold;"></td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2">2013</td> <td style="text-align: center; font-weight: bold;"></td> <td style="padding-bottom: 1pt; font-weight: bold;"></td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2">2012</td> <td style="text-align: center; font-weight: bold;"></td> </tr> <tr style="background-color: #eaf9e8; vertical-align: bottom;"> <td style="text-align: left; text-indent: -10pt; padding-left: 20pt; width: 36%; color: black;">Service cost</td> <td style="width: 3%;"></td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 11%;">171</td> <td style="text-align: left; width: 1%;"></td> <td style="width: 3%;"></td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 11%;">151</td> <td style="text-align: left; width: 1%;"></td> <td style="width: 3%;"></td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 11%;">341</td> <td style="text-align: left; width: 1%;"></td> <td style="width: 3%;"></td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 11%;">301</td> <td style="text-align: left; width: 1%;"></td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; text-indent: -10pt; padding-left: 20pt; color: black;">Interest cost</td> <td></td> <td style="text-align: left;"></td> <td style="text-align: right;">93</td> <td style="text-align: left;"></td> <td></td> <td style="text-align: left;"></td> <td style="text-align: right;">83</td> <td style="text-align: left;"></td> <td></td> <td style="text-align: left;"></td> <td style="text-align: right;">186</td> <td style="text-align: left;"></td> <td></td> <td style="text-align: left;"></td> <td style="text-align: right;">167</td> <td style="text-align: left;"></td> </tr> <tr style="background-color: #eaf9e8; vertical-align: bottom;"> <td style="text-align: left; text-indent: -10pt; padding-left: 20pt;">Prior service amortization</td> <td></td> <td style="text-align: left;"></td> <td style="text-align: right;">24</td> <td style="text-align: left;"></td> <td></td> <td style="text-align: left;"></td> <td style="text-align: right;">24</td> <td style="text-align: left;"></td> <td></td> <td style="text-align: left;"></td> <td style="text-align: right;">49</td> <td style="text-align: left;"></td> <td></td> <td style="text-align: left;"></td> <td style="text-align: right;">49</td> <td style="text-align: left;"></td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -10pt; padding-left: 20pt;">Recognized net actuarial loss</td> <td style="padding-bottom: 1pt;"></td> <td style="border-bottom: black 1pt solid; text-align: left;"></td> <td style="border-bottom: black 1pt solid; text-align: right;">49</td> <td style="text-align: left; padding-bottom: 1pt;"></td> <td style="padding-bottom: 1pt;"></td> <td style="border-bottom: black 1pt solid; text-align: left;"></td> <td style="border-bottom: black 1pt solid; text-align: right;">10</td> <td style="text-align: left; padding-bottom: 1pt;"></td> <td style="padding-bottom: 1pt;"></td> <td style="border-bottom: black 1pt solid; text-align: left;"></td> <td style="border-bottom: black 1pt solid; text-align: right;">98</td> <td style="text-align: left; padding-bottom: 1pt;"></td> <td style="padding-bottom: 1pt;"></td> <td style="border-bottom: black 1pt solid; text-align: left;"></td> <td style="border-bottom: black 1pt solid; text-align: right;">20</td> <td style="text-align: left; padding-bottom: 1pt;"></td> </tr> <tr style="background-color: #eaf9e8; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: -10pt; padding-left: 10pt; font-weight: bold;">Total components of net periodic cost</td> <td style="padding-bottom: 2.5pt;"></td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">337</td> <td style="text-align: left; padding-bottom: 2.5pt;"></td> <td style="padding-bottom: 2.5pt;"></td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">268</td> <td style="text-align: left; padding-bottom: 2.5pt;"></td> <td style="padding-bottom: 2.5pt;"></td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">674</td> <td style="text-align: left; padding-bottom: 2.5pt;"></td> <td style="padding-bottom: 2.5pt;"></td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">537</td> <td style="text-align: left; padding-bottom: 2.5pt;"></td> </tr> </table>   <table style="font: 10pt/normal times new roman, times, serif; width: 68%; border-collapse: collapse; font-size-adjust: none; font-stretch: normal;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td style="padding-bottom: 1pt; text-indent: -10pt; padding-left: 10pt; width: 55%;"></td> <td style="padding-bottom: 1pt; width: 3%; font-weight: bold;"></td> <td style="border-bottom: black 1pt solid; text-align: left; width: 1%; font-weight: bold;"></td> <td style="border-bottom: black 1pt solid; text-align: center; width: 17%; font-weight: bold;">June 30, 2013</td> <td style="text-align: left; padding-bottom: 1pt; width: 1%; font-weight: bold;"></td> <td style="padding-bottom: 1pt; width: 4%; font-weight: bold;"></td> <td style="border-bottom: black 1pt solid; text-align: left; width: 1%; font-weight: bold;"></td> <td style="border-bottom: black 1pt solid; text-align: center; width: 17%; font-weight: bold;">December 31, 2012</td> <td style="width: 1%;"></td> </tr> <tr style="vertical-align: bottom;"> <td style="text-indent: -10pt; padding-left: 10pt;"></td> <td></td> <td style="text-align: left;"></td> <td style="text-align: right;"></td> <td style="text-align: left;"></td> <td></td> <td style="text-align: left;"></td> <td style="text-align: right;"></td> <td></td> </tr> <tr style="background-color: #eaf9e8; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: -10pt; padding-left: 10pt; color: black; font-weight: bold;">Total Liability of Pension Plan Benefits</td> <td style="padding-bottom: 2.5pt;"></td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">8,699</td> <td style="text-align: left; padding-bottom: 2.5pt;"></td> <td style="padding-bottom: 2.5pt;"></td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">9,443</td> <td></td> </tr> </table>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for pension and other postretirement benefits.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Implementation Guide (Q and A) -Number FAS88 -Paragraph 63 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. 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