Employee Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2019

Employee Benefit Plans

Schedule of employee benefits charged to operating expenses

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2019		2018		2019		2018
Payroll taxes	$	269	$	301	$	615	$	652
Medical plans		477		612		927		1,160
401(k) match and profit sharing		304		237		580		423
Periodic pension cost		336		405		715		810
Other		10		10		25		25
Total employee benefits	$	1,396	$	1,565	$	2,862	$	3,070

Schedule of components of net pension cost

	Pension Benefits
(in thousands)	2019		2018
Service cost - benefits earned during the year	$	1,431	$	1,707
Interest costs on projected benefit obligations (a)		1,168		1,037
Expected return on plan assets (a)		(1,467)		(1,327)
Expected administrative expenses (a)		122		93
Amortization of prior service cost (a)		79		79
Amortization of unrecognized net loss (a)		—		140
Net periodic pension cost	$	1,333	$	1,729
Net periodic pension cost for the three months ended June 30, (actual)	$	336	$	405
Net periodic pension cost for the six months ended June 30, (actual)	$	715	$	810

(a) The components of net periodic pension cost other than the service cost component are included in other non-interest expense.