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Pension Plan
3 Months Ended
Mar. 31, 2016
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 March 31,
 
2016
  
2015
 
  
(in thousands)
 
Interest cost
 
$
70
  
$
66
 
Expected return on plan assets
  
(98
)
  
(89
)
Amortization of net loss
  
140
   
99
 
Net periodic pension plan cost
 
$
112
  
$
76
 


At March 31, 2016, management had not yet determined the amount, if any, that the Company will contribute to the plan in the year ending December 31, 2016.