Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2019

Retirement Benefits, Description [Abstract]

Accumulated post-retirement benefit obligation and funded status

The following table sets forth the accumulated post-retirement benefit obligation and funded status:

At December 31,	2019			2018			2017
Change in benefit obligations
Benefit obligation at beginning of year:	$	1,599,000		$	1,874,000		$	1,870,000
Interest cost	66,000			77,000			77,000
Benefits paid	(97,000		)	(117,000		)	(113,000		)
Actuarial (gain) loss	13,000			(235,000		)	40,000
Benefit obligation at end of year:	$	1,581,000		$	1,599,000		$	1,874,000
Funded status
Benefit obligation at end of year	$	(1,581,000	)	$	(1,599,000	)	$	(1,874,000	)
Unamortized (gain) loss	(31,000		)	(47,000		)	186,000
Accrued benefit cost	$	(1,612,000	)	$	(1,646,000	)	$	(1,688,000	)
Weighted average discount rate as of December 31	3.00		%	4.25		%	4.25		%

Schedule of net benefit costs

The following table sets forth the net periodic benefit cost:

For the years ended December 31,	2019			2018			2017
Components of net periodic benefit cost
Interest cost	$	66,000		$	77,000		$	77,000
Amortization of loss	—			—			—
Other settlement (income) expense	(2,000		)	(3,000		)	11,000
Net periodic benefit cost	$	64,000		$	74,000		$	88,000
Weighted average discount rate for net periodic cost	3.00		%	4.25		%	4.25		%

Schedule of net periodic benefit cost not yet recognized

In accordance with FASB ASC Topic 715, "Compensation – Retirement Benefits", amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive income (loss) are as follows:

At December 31,	2019			2018			Portion to Be Recognized in Income in 2020
Unamortized net actuarial gain (loss)	$	31,000		$	47,000		$	(158,000	)
Deferred tax (expense) benefit at 21%	(7,000		)	(10,000		)	33,000
Net unrecognized post-retirement benefits included in accumulated other comprehensive income (loss)	$	24,000		$	37,000		$	(125,000	)