Employee Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2019

Employee Benefit Plans

Schedule of employee benefits charged to operating expenses

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2019		2018		2019		2018
Payroll taxes	$	256	$	261	$	871	$	913
Medical plans		432		490		1,359		1,650
401(k) match and profit sharing		349		261		929		684
Periodic pension cost		358		470		1,073		1,280
Other		15		12		40		37
Total employee benefits	$	1,410	$	1,494	$	4,272	$	4,564

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 September 30, (actual)	$	358	$	470
Net periodic pension cost for the nine months ended September 30, (actual)	$	1,073	$	1,280

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