BENEFIT PLANS

12 Months Ended

Dec. 31, 2019

BENEFIT PLANS

BENEFIT PLANS

NOTE 9. BENEFIT PLANS

Savings Plan - Effective November 1, 1995, the Company adopted a savings plan, which qualifies under Section 401(k) of the Internal Revenue Code. Under the plan, participating employees may defer up to 100% of their pre-tax compensation, but not more than statutory limits. The Company’s matching contributions were approximately $482 thousand, $436 thousand, and $379 thousand for years ended December 31, 2019, 2018 and 2017, respectively.