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Employee Benefits (Tables)
12 Months Ended
Dec. 31, 2013
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 (in thousands):
 
 
December 31,
 
 
2013
 
2012
Change in projected benefit obligation:
 
 
 
 
Projected benefit obligation at beginning of year
 
$
48,028

 
$
50,213

Interest cost
 
1,532

 
1,925

Actuarial (gain) loss
 
(1,543
)
 
2,786

Benefits paid
 
(3,252
)
 
(2,194
)
Plan amendments
 
$

 
(4,702
)
Projected benefit obligation at end of year1,2
 
$
44,765

 
$
48,028

Change in plan assets:
 
 
 
 

Plan assets at fair value at beginning of year
 
$
45,920

 
$
43,859

Actual return on plan assets
 
6,144

 
4,255

Benefits paid
 
(3,252
)
 
(2,194
)
Plan assets at fair value at end of year
 
$
48,812

 
$
45,920

 
 
 
 
 
Funded status of the plan
 
$
4,047

 
$
(2,108
)
Components of net periodic benefit costs:
 
 
 
 

Interest cost
 
$
1,532

 
$
1,925

Expected return on plan assets
 
(2,185
)
 
(2,062
)
Recognized prior service cost
 
(1,175
)
 

Amortization of unrecognized net loss
 
3,830

 
3,461

Net periodic pension cost
 
$
2,002

 
$
3,324


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:
 
2013
 
2012
Discount rate
 
4.05
%
 
3.36
%
Expected return on plan assets
 
6.00
%
 
5.25
%
Expected future benefit payments [Table Text Block]
As of December 31, 2013, expected future benefit payments related to the Pension Plan were as follows (in thousands):
2014
$
3,886

2015
3,713

2016
3,386

2017
3,351

2018
3,488

Thereafter
40,394

 
$
58,218