Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2013

Employee Benefit Plans [Abstract]

Schedule of components of net periodic benefit cost

Information pertaining to the activity in the plan is as follows:

(in thousands)	As of and for the Years Ended December 31,
	2013			2012			2011
Change in Benefit Obligation:
Projected benefit obligation at beginning of year	$	10,931		$	9,769		$	9,279
Service cost		-			-			111
Interest cost		288			389			403
Actuarial (gain) loss		(201	)		1,289			725
Benefits paid		(2,022	)		(516	)		(749	)
Projected benefit obligation at end of year		8,996			10,931			9,769
Change in Plan Assets:
Fair value of plan assets at beginning of year		11,689			11,144			11,674
Actual return on plan assets		1,203			1,061			219
Benefits paid		(2,022	)		(516	)		(749	)
Fair value of plan assets at end of year		10,870			11,689			11,144
Funded Status at End of Year	$	1,874		$	758		$	1,375
Amounts Recognized in the Consolidated Balance Sheets
Other assets	$	1,874		$	758		$	1,375
Amounts Recognized in Accumulated Other Comprehensive Loss
Net actuarial loss	$	1,628		$	3,389		$	3,080
Deferred income tax asset		(570	)		(1,186	)		(1,078	)
Amount recognized	$	1,058		$	2,203		$	2,002
	As of and for the Years Ended December 31,
		2013			2012			2011
Components of Net Periodic Benefit Cost
Service cost	$	-		$	-		$	111
Interest cost		288			389			403
Expected return on plan assets		(513	)		(541	)		(525	)
Recognized net loss due to settlement		594			128			-
Recognized net actuarial loss		275			332			160
Net periodic benefit cost	$	644		$	308		$	149

Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Income) Loss
Net actuarial (gain) loss	$	(1,761	)	$	309	$	871
Amortization of prior service cost		-			-		-
Total recognized in other comprehensive (income) loss	$	(1,761	)	$	309	$	871
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive  (Income) Loss	$	(1,117	)	$	617	$	1,020

	As of and for the Years Ended December 31,
	2013		2012		2011
Weighted-Average Assumptions at End of Year
Discount rate used for net periodic pension cost		3.00%		3.75%		4.75%
Discount rate used for disclosure		4.00%		3.00%		3.75%
Expected return on plan assets		5.00%		5.00%		5.00%
Rate of compensation increase		N/A		N/A		N/A

Weighted-average asset allocations by asset category

Below is a description of the plan's assets.  The plan's weighted-average asset allocations by asset category are as follows:

Asset Category	December 31,
	2013		2012
Fixed Income		33.3%		33.5%
Equity		13.5%		15.1%
Mutual Funds		49.8%		49.8%
Cash and Accrued Income		3.4%		1.6%
Total		100.0%		100.0%

Fair value of pension plan assets by asset category

The fair value of the Company's pension plan assets at December 31, 2013 and 2012, by asset category are as follows (in thousands):

			Fair Value Measurements at December 31, 2013 Using
	Balance as of December 31,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Asset Category	2013		Level 1		Level 2		Level 3
Cash	$	369	$	369	$	-	$	-
Fixed income securities
Government sponsored entities		1,159		-		1,159		-
Municipal bonds and notes		119		-		119		-
Corporate bonds and notes		2,339		-		2,339		-
Mutual funds		5,415		-		5,415		-
Equity securities
U.S. companies		1,454		1,454		-		-
Foreign companies		15		15		-		-
	$	10,870	$	1,838	$	9,032	$	-

			Fair Value Measurements at December 31, 2012 Using
	Balance as of December 31,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Asset Category	2012		Level 1		Level 2		Level 3
Cash	$	188	$	188	$	-	$	-
Fixed income securities
Government sponsored entities		904		-		904		-
Municipal bonds and notes		61		-		61
Corporate bonds and notes		2,944		-		2,944		-
Mutual funds		5,826		-		5,826		-
Equity securities								-
U.S. companies		1,721		1,721		-		-
Foreign companies		45		45		-		-
	$	11,689	$	1,954	$	9,735	$	-

Projected benefit payments

Projected benefit payments for the years 2014 to 2023 are as follows (in thousands):

Year	Amount
2014		3,005
2015		202
2016		280
2017		326
2018		480
2019-2023		3,473