Components of Net Periodic Pension Cost (Tables)

6 Months Ended

Jun. 30, 2019

Retirement Benefits [Abstract]

Schedule of Net Benefit Costs [Table Text Block]

The Company maintained a non-contributory defined benefit pension plan for substantially all of its employees until June 30, 2007, at which time the Company froze the plan. The following table sets forth the net periodic pension cost of the Company’s pension plan for the periods indicated.

	Three Months			Three Months
	Ended			Ended
	June 30, 2019			June 30, 2018
	(dollars in thousands)
Service cost	$	-		$	-
Interest cost		113			107
Expected return on plan assets		(174	)		(192	)
Net amortization		90			92
Total periodic pension cost	$	29		$	7
	Six Months			Six Months
	Ended			Ended
	June 30, 2019			June 30, 2018
	(dollars in thousands)
Service cost	$	-		$	-
Interest cost		226			214
Expected return on plan assets		(348	)		(383	)
Net amortization		179			183
Total periodic pension cost	$	57		$	14