DEFINED BENEFIT PENSION PLAN (Tables)

9 Months Ended

Sep. 30, 2016

DEFINED BENEFIT PENSION PLAN

Schedule of anticipated distributions over the next five years

2016	$	134
2017		132
2018		129
2019		126
2020		125
2021-2025		690
Total	$	1,336

Schedule of assumptions in the actuarial valuation

	2016
Weighted average discount rate	3.99	%
Rate of increase in future compensation levels	N/A
Expected long-term rate of return on plan assets	8.00	%

Schedule of asset allocation

	Target	Actual
	Allocation	Allocation
Equity securities	50% to 70%	60%
Fixed income securities	30% to 50%	40%