Directors Retirement Plan (Tables) - Director

12 Months Ended

Dec. 31, 2017

Status of Directors Retirement Plan

The measurement date for the accumulated benefit obligation is December 31 of the years presented.

	December 31,
	2017		2016
	(in thousands)
Accrued plan cost included in other liabilities	$	673	$	671
Amount not recognized as component of net postretirement benefit cost
Recognized in accumulated other comprehensive income
Net actuarial gain	$	28	$	(2	)
Unrecognized prior service cost	—		—
Amounts not recognized as a component of net postretirement benefit (benefit)	$	28	$	(2	)

Components of Net Periodic Pension Cost

	Years Ended December 31,
	2017		2016		2015
	(in thousands)
Net periodic plan cost included the following components:
Service cost	$	21	$	19	$	19
Interest cost	23		26		46
Amortization of prior service cost	3		12		13
	$	47	$	57	$	78

Benefits Expected to be Paid

The director’s retirement plan holds no plan assets. The benefits expected to be paid in each of the next five years and in aggregate for the five years thereafter are as follows (in thousands):

2018	$	75
2019	63
2020	63
2021	37
2022	37
2023-2027	240