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Employee Benefits (Tables)
12 Months Ended
Dec. 31, 2012
Compensation and Retirement Disclosure [Abstract]  
Change in benefit obligation, plan assets funded status and net periodic pension cost (benefit) [Table Text Block]
The following table presents information regarding this plan (dollars in thousands):
 
 
December 31,
 
 
2012
 
2011
Change in projected benefit obligation:
 
 
 
 
Projected benefit obligation at beginning of year
 
$
50,213

 
$
48,373

Interest cost
 
1,925

 
2,157

Actuarial loss
 
2,786

 
2,461

Benefits paid
 
(2,194
)
 
(2,778
)
Plan amendments
 
$
(4,702
)
 

Projected benefit obligation at end of year1,2
 
$
48,028

 
$
50,213

Change in plan assets:
 
 
 
 

Plan assets at fair value at beginning of year
 
$
43,859

 
$
44,477

Actual return on plan assets
 
4,255

 
2,160

Benefits paid
 
(2,194
)
 
(2,778
)
Plan assets at fair value at end of year
 
$
45,920

 
$
43,859

 
 
 
 
 
Funded status of the plan
 
$
(2,108
)
 
$
(6,354
)
Components of net periodic benefit costs:
 
 
 
 

Interest cost
 
$
1,925

 
$
2,157

Expected return on plan assets
 
(2,062
)
 
(1,957
)
Amortization of unrecognized net loss
 
3,461

 
3,659

Net periodic pension cost
 
$
3,324

 
$
3,859


1 
Projected benefit obligation equals accumulated benefit obligation.
2 
Projected benefit obligation is based on January 1 measurement date.
Valuation assumptions used [Table Text Block]

Weighted-average assumptions as of December 31:
 
2012
 
2011
Discount rate
 
3.36
%
 
4.11
%
Expected return on plan assets
 
5.25
%
 
5.25
%
Expected future benefit payments [Table Text Block]
As of December 31, 2012, expected future benefit payments related to the Pension Plan were as follows (in thousands):
2013
$
3,629

2014
3,298

2015
3,372

2016
3,771

2017
3,488

Thereafter
16,227

 
$
33,785