XML 46 R14.htm IDEA: XBRL DOCUMENT v3.3.0.814
Pension Plan
9 Months Ended
Sep. 30, 2015
Pension Plan [Abstract]  
Pension Plan

Note 6. Pension Plan

The Company provides pension benefits for eligible participants through a non-contributory defined benefit pension plan. The plan was frozen effective September 30, 2006; therefore, no additional participants will be added to the plan. The components of net periodic pension plan cost are as follows for the periods indicated:

Three months ended September 30,
 
2015
  
2014
 
  
(in thousands)
 
Interest cost
 
$
65
  
$
72
 
Expected return on plan assets
  
(91
)
  
(89
)
Amortization of net loss
  
98
   
70
 
Net periodic pension plan cost
 
$
72
  
$
53
 

Nine months ended September 30,
 
2015
  
2014
 
  
(in thousands)
 
Interest cost
 
$
196
  
$
209
 
Expected return on plan assets
  
(270
)
  
(271
)
Amortization of net loss
  
295
   
180
 
Net periodic pension plan cost
 
$
221
  
$
118
 


At September 30, 2015, management had not yet determined the amount, if any, that the Company will contribute to the plan in the year ending December 31, 2015.