Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2019

Defined Benefit Plan [Abstract]

Schedule of components of net periodic benefit cost

Information pertaining to the activity in the plan is as follows (dollars in thousands):

	As of and for the Years Ended December 31,
	2019			2018			2017
Change in Benefit Obligation:
Projected benefit obligation at beginning of year	$	5,812		$	8,313		$	7,932
Service cost	—			—			—
Interest cost	209			235			237
Actuarial (gain) loss	489			(782		)	611
Settlement gain	(236		)	(120		)	(3		)
Benefits paid	(12		)	(1,834		)	(464		)
Projected benefit obligation at end of year	6,262			5,812			8,313
Change in Plan Assets:
Fair value of plan assets at beginning of year	5,653			7,556			7,647
Actual return (loss) on plan assets	498			(69		)	373
Benefits paid	(236		)	(1,834		)	(464		)
Fair value of plan assets at end of year	5,915			5,653			7,556
Funded Status at End of Year	$	(347	)	$	(159	)	$	(757	)
Amounts Recognized in the Consolidated Balance Sheets
Other liabilities	$	(347	)	$	(159	)	$	(757	)
Amounts Recognized in Accumulated Other Comprehensive Loss
Net actuarial loss	$	1,658		$	1,594		$	2,886
Deferred income taxes	(358		)	(357		)	(606		)
Amount recognized	$	1,300		$	1,237		$	2,280
	As of and for the Years Ended December 31,
	2019			2018			2017
Components of Net Periodic Benefit Cost
Service cost	$	—		$	—		$	—
Interest cost	209			235			237
Expected return on plan assets	(269		)	(353		)	(353		)
Recognized net loss due to settlement	52			540			135
Recognized net actuarial loss	133			272			218
Net periodic benefit cost	$	125		$	694		$	237

Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Income) Loss
Net actuarial (gain) loss	$	64	$	(1,291	)	$	234
Amortization of prior service cost	—		—			—
Total recognized in other comprehensive (income) loss	$	64	$	(1,291	)	$	234
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive (Income) Loss	$	189	$	(597	)	$	471

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 as of December 31, 2019 and 2018:

Asset Category	December 31,
	2019		2018
Fixed Income	61.8	%	68.0	%
Equity	27.5	%	25.2	%
Cash and Accrued Income	10.7	%	6.8	%
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, 2019 and 2018, by asset category are as follows (dollars in thousands):

			Fair Value Measurements at December 31, 2019 Using
	Balance at December 31,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Asset Category	2019		Level 1		Level 2		Level 3
Cash	$	636	$	636	$	—	$	—
Fixed income securities
Government sponsored entities	1,648		—		1,648		—
Municipal bonds and notes	1,792		—		1,792		—
Corporate bonds and notes	212		—		212		—
Equity securities
U.S. companies	1,385		1,385		—		—
Foreign companies	242		242		—		—
	$	5,915	$	2,263	$	3,652	$	—

			Fair Value Measurements at December 31, 2018 Using
	Balance at December 31,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Asset Category	2018		Level 1		Level 2		Level 3
Cash	$	359	$	359	$	—	$	—
Fixed income securities
Government sponsored entities	2,119		—		2,119		—
Municipal bonds and notes	1,513		—		1,513		—
Corporate bonds and notes	237		—		237		—
Equity securities
U.S. companies	1,227		1,227		—		—
Foreign companies	198		198		—		—
	$	5,653	$	1,784	$	3,869	$	—

Projected benefit payments

Projected benefit payments for the years 2020 to 2029 are as follows (dollars in thousands):

Year	Amount
2020	$	496
2021	637
2022	346
2023	960
2024	242
2025 - 2029	3,031