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Post-Retirement Obligations
6 Months Ended
Jun. 30, 2014
Post-Retirement Obligations

11.) Post-Retirement Obligations:

The Company accrues for the monthly benefit expense of post-retirement cost of insurance for split dollar life insurance coverage. There was a $2,000 credit to expense recorded for the quarter ended June 30, 2014, with a $26,000 credit to other comprehensive income and $10,000 expensed in the quarter ended June 30, 2013. The total accumulated liability at June 30, 2014 was $586,000 and $614,000 at December 31, 2013.