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Employee Benefits And Deferred Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule Of Target Plan Asset Allocations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset Category:

 

2014

 

2013

Equity mutual funds

 

77.80 

%

 

75.98 

%

Fixed income mutual funds

 

19.30 

%

 

20.87 

%

Cash/Short-term investments

 

2.90 

%

 

3.15 

%

 

 

100.00 

%

 

100.00 

%

 

Schedule of Allocation Of Plan Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

 

(in thousands)

Level 1:

 

 

 

 

 

 

Cash

 

$

-    

 

$

34 

Mutual funds:

 

 

 

 

 

 

Short-term investments:

 

 

 

 

 

 

Money market

 

 

121 

 

 

97 

Equities:

 

 

 

 

 

 

Small cap

 

 

402 

 

 

416 

Real estate

 

 

241 

 

 

188 

International large cap

 

 

818 

 

 

890 

Emerging markets

 

 

480 

 

 

512 

Currency

 

 

195 

 

 

198 

Commodity

 

 

51 

 

 

63 

Bonds

 

 

413 

 

 

403 

Bank loans

 

 

202 

 

 

203 

 

 

 

 

 

 

 

Exchange -traded funds (ETFs):

 

 

 

 

 

 

Large cap

 

 

890 

 

 

799 

Mid cap

 

 

388 

 

 

359 

 

 

$

4,201 

 

$

4,162 

 

Pension [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule Of Defined Benefit Plans Disclosures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12/31/2014

 

12/31/2013

Change in benefit obligation:

 

 

(in thousands)

Benefit obligation at the beginning of the year

 

$

4,395 

 

$

4,851 

Service cost

 

 

-    

 

 

-    

Interest cost

 

 

206 

 

 

192 

Assumption change

 

 

976 

 

 

(595)

Actuarial loss

 

 

24 

 

 

153 

Benefits paid

 

 

(164)

 

 

(206)

Benefit obligation at the end of the year

 

 

5,437 

 

 

4,395 

 

 

 

 

 

 

 

Change in plan assets:

 

 

 

 

 

 

Fair value of plan assets at the beginning of year

 

 

4,162 

 

 

3,533 

Actual return on plan assets

 

 

93 

 

 

650 

Employer contributions

 

 

110 

 

 

185 

Benefits paid

 

 

(164)

 

 

(206)

Fair value of plan assets at the end of year

 

 

4,201 

 

 

4,162 

 

 

 

 

 

 

 

Funded status

 

$

(1,236)

 

$

(233)

 

 

 

 

 

 

 

Amount recognized in the Consolidated Balance Sheets consist of:

 

 

 

 

 

 

Accrued benefit liabilities

 

$

(1,236)

 

$

(233)

 

 

 

 

 

 

 

Amount recognized in the Accumulated Other Comprehensive Loss consists of:

 

 

 

 

 

 

Net actuarial loss

 

$

2,112 

 

$

920 

Prior service cost

 

 

-    

 

 

-    

Net amount recognized in equity - pre-tax

 

$

2,112 

 

$

920 

 

 

 

 

 

 

 

Net amount recognized on Consolidated Balance Sheets in Other Liabilities

 

$

876 

 

$

687 

 

 

 

 

 

 

 

Accumulated benefit obligation at year end

 

$

5,437 

 

$

4,395 

 

Schedule Of Assumptions Used

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

 

2013

 

 

2012

 

Discount rate for projected benefit obligation

 

 

3.83 

%

 

 

4.78 

%

 

 

3.88 

%

Discount rate for net periodic pension cost

 

 

4.78 

%

 

 

3.88 

%

 

 

4.46 

%

Rate of increase in compensation levels

 

 

-    

%

 

 

-    

%

 

 

-    

%

Expected long-term rate of return of plan assets

 

 

7.50 

%

 

 

7.50 

%

 

 

7.50 

%

 

Schedule Of Net Periodic Benefit Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

 

2013

 

 

2012

 

 

 

(in thousands)

Service cost

 

$

-    

 

$

-    

 

$

-    

Interest cost

 

 

206 

 

 

192 

 

 

213 

Expected return on plan assets

 

 

(307)

 

 

(260)

 

 

(227)

Net amortization and deferral

 

 

22 

 

 

65 

 

 

63 

Net periodic benefit cost

 

$

(79)

 

$

(3)

 

$

49 

 

Schedule Of Expected Benefit Payments

 

 

 

 

 

 

 

 

 

 

(in thousands)

2015 

 

$

189,000 
2016 

 

 

196,000 
2017 

 

 

192,000 
2018 

 

 

201,000 
2019 

 

 

201,000 

Year 2020 - 2024

 

 

1,226,000 

 

Supplemental Executive Retirement Plans [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule Of Defined Benefit Plans Disclosures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12/31/2014

 

12/31/2013

Change in benefit obligation:

 

 

(in thousands)

Benefit obligation at the beginning of the year

 

$

3,923 

 

$

5,272 

Service cost

 

 

168 

 

 

165 

Interest cost

 

 

159 

 

 

125 

Plan amendments

 

 

-    

 

 

-    

Plan settlement

 

 

-    

 

 

105 

Actuarial loss (gain)

 

 

497 

 

 

(395)

Benefits paid

 

 

(192)

 

 

(1,349)

Benefit obligation at the end of the year

 

 

4,555 

 

 

3,923 

 

 

 

 

 

 

 

Change in plan assets:

 

 

 

 

 

 

Fair value of plan assets at the beginning of year

 

 

-    

 

 

-    

Actual return on plan assets

 

 

-    

 

 

-    

Employer contributions

 

 

192 

 

 

1,349 

Benefits paid

 

 

(192)

 

 

(1,349)

Fair value of plan assets at the end of year

 

 

-    

 

 

-    

 

 

 

 

 

 

 

Funded status

 

$

(4,555)

 

$

(3,923)

 

 

 

 

 

 

 

Amount recognized in the Consolidated Balance Sheets consist of:

 

 

 

 

 

 

Accrued benefit liabilities

 

$

(4,555)

 

$

(3,923)

 

 

 

 

 

 

 

Amount recognized in the Accumulated Other Comprehensive Loss consists of:

 

 

 

 

 

 

Net actuarial loss

 

$

1,601 

 

$

1,188 

Prior service cost

 

 

249 

 

 

280 

Net amount recognized in equity - pre-tax

 

$

1,850 

 

$

1,468 

 

 

 

 

 

 

 

Net amount recognized on Consolidated Balance Sheets in Other Liabilities

 

$

(2,705)

 

$

(2,455)

 

 

 

 

 

 

 

Accumulated benefit obligation at year end

 

$

3,944 

 

$

3,385 

 

Schedule Of Assumptions Used

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2012

Discount rate for projected benefit obligation

 

3.30 

%

 

4.15 

%

 

3.17 

%

Discount rate for net periodic pension cost

 

4.15 

%

 

3.17 

%

 

4.34 

%

Salary scale

 

3.50 

%

 

3.50 

%

 

3.50 

%

 

Schedule Of Net Periodic Benefit Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2012

 

 

(in thousands)

Service cost

 

$

168 

 

$

165 

 

$

180 

Interest cost

 

 

159 

 

 

125 

 

 

153 

Net amortization and deferral

 

 

115 

 

 

180 

 

 

195 

Settlement charge

 

 

-    

 

 

105 

 

 

-    

Net periodic benefit cost

 

$

442 

 

$

575 

 

$

528 

 

Schedule Of Expected Benefit Payments

 

 

 

 

 

 

 

 

 

 

(in thousands)

2015 

 

$

192,672 
2016 

 

 

192,672 
2017 

 

 

192,672 
2018 

 

 

192,672 
2019 

 

 

1,865,999 

Year 2020 - 2024

 

 

1,609,213