Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2014

Compensation and Retirement Disclosure [Abstract]

Net periodic benefit cost for both the Executive Retirement Plan and the Outside Director Plan

Net periodic benefit cost for the Executive Retirement Plan for the three years in the period ended December 31, 2014 is comprised of the following:

	Year Ended December 31,
(Dollars in thousands)	2014			2013			2012
Service cost	$	88		$	86		$	77
Interest cost	687			597			725
Amortization of prior service cost	(1,189		)	(1,189		)	(723		)
Amortization of net gain	469			1,380			990
	55			874			1,069
Net (gain) loss recognized in Accumulated other comprehensive income (loss)	2,570			(2,143		)	(1,240		)
Total recognized in net periodic benefit gain and Accumulated other comprehensive income (loss)	$	2,625		$	(1,269	)	$	(171	)

Change in benefit obligation

The following table sets forth the benefit obligations as of December 31, 2014 and 2013.

	Year Ended December 31,
(Dollars in thousands)	2014			2013
Benefit obligation at beginning of year	$	13,890		$	15,201
Service cost	88			86
Interest cost	687			597
Benefits paid	(42		)	(42		)
Actuarial (gain) loss, net	1,850			(1,952		)
Benefit obligation at end of year	$	16,473		$	13,890

Amounts recognized in the Consolidated Balance Sheets

Amounts recognized in the Consolidated Balance Sheets are as follows:

	Year Ended December 31,
(Dollars in thousands)	2014			2013
Net liabilities included in other liabilities	$	(13,954	)	$	(13,941	)
Amounts recognized in accumulated other comprehensive income (loss)	(2,519		)	51

Schedule of assumptions used

The Company's assumed discount rates and compensation increases, which are used to measure the year-end benefit obligations and earnings for the subsequent year related to the Executive Retirement Plan are detailed in the following table for the three years ended December 31, 2014:

	2014		2013		2012
Discount rates	4.08	%	4.92	%	3.91	%
Compensation increases	2.7	%	2.7	%	2.7	%