Note 13 - Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

Schedule of Changes in Fair Value of Plan Assets [Table Text Block]

(Dollar amounts in thousands)	2019			2018
Change in plan assets:
Fair value of plan assets at beginning of year	$	9,482		$	10,159
Actual return on plan assets		1,534			(479	)
Employer contribution		—			500
Benefits paid		(417	)		(698	)
Fair value of plan assets at end of year		10,599			9,482
Change in benefit obligation:
Benefit obligation at beginning of year		10,628			11,801
Interest cost		443			423
Actuarial (gain) loss		(22	)		85
Effect of change in assumptions		1,672			(983	)
Benefits paid		(417	)		(698	)
Benefit obligation at end of year		12,304			10,628
Funded status (plan assets less benefit obligation)	$	(1,705	)	$	(1,146	)
Amounts recognized in accumulated other comprehensive loss consists of:
Accumulated net actuarial loss	$	6,616		$	6,126
Accumulated prior service benefit		—			—
Amount recognized, end of year	$	6,616		$	6,126

Schedule of Allocation of Plan Assets [Table Text Block]

(Dollar amounts in thousands)			(Level 1)		(Level 2)		(Level 3)
			Quoted Prices in		Significant		Significant
			Active Markets		Other		Unobservable
			for Identical		Observable		Inputs
Description	Total		Assets		Inputs
December 31, 2019:
Money markets	$	385	$	385	$	—	$	—
Mutual funds - debt		4,322		4,322		—		—
Mutual funds - equity		4,981		4,981		—		—
Emclaire stock		911		911		—		—
	$	10,599	$	10,599	$	—	$	—
December 31, 2018:
Money markets	$	77	$	77	$	—	$	—
Mutual funds - debt		4,183		4,183		—		—
Mutual funds - equity		4,373		4,373		—		—
Emclaire stock		849		849		—		—
	$	9,482	$	9,482	$	—	$	—

Schedule of Net Benefit Costs [Table Text Block]

(Dollar amounts in thousands)	2019			2018
Interest cost	$	443		$	423
Expected return on plan assets		(626	)		(672	)
Amortization of prior service beneft and net loss		252			251
Net periodic pension cost		69			2
Amortization of prior service benefit and net loss		(252	)		(251	)
Net loss		742			253
Total recognized in other comprehensive loss		490			2
Total recognized in net periodic benefit and other comprehensive loss	$	559		$	4

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

	2019			2018
Discount rate for net periodic benefit cost		4.26	%		3.62	%
Discount rate for benefit obligations		3.28	%		4.26	%
Expected rate of return on plan assets		6.75	%		6.75	%

Schedule of Pension Plan Assets Allocation [Table Text Block]

Asset Category	Target Allocation		Percentage of Plan Assets at Year End				Weighted-Average Expected Long-Term Rate of Return
	2020		2019		2018		2019
Equity securities		55%		56%		55%		5.02%
Debt securities		37%		41%		44%		1.70%
Money markets		8%		3%		1%		0.03%
		100%		100%		100%		6.75%

Schedule of Expected Benefit Payments [Table Text Block]

(Dollar amounts in thousands)	Pension
For year ended December 31,	Benefits
2020	$	450
2021		451
2022		491
2023		492
2024		500
2025-2029		2,715