Directors Retirement Plan (Tables) - Director

12 Months Ended

Dec. 31, 2019

Status of Directors Retirement Plan

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

	December 31,
(in thousands)	2019		2018
Accrued plan cost included in other liabilities	$	646	$	604
Amount not recognized as component of net postretirement benefit cost
Recognized in accumulated other comprehensive income
Net actuarial loss (gain)	$	64	$	(29	)
Unrecognized prior service cost	—		—
Amounts not recognized as a component of net postretirement benefit	$	64	$	(29	)

Components of Net Periodic Pension Cost

	Years Ended December 31,
(in thousands)	2019			2018		2017
Service cost	$	14		$	15	$	21
Interest cost	22			20		23
Amortization of prior service cost	—			—		3
Amortization of gain	(2		)	—		—
	$	34		$	35	$	47

Benefits Expected to be Paid

The directors' 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)
2020	$	63
2021	37
2022	38
2023	38
2024	52
2025-2029	210