Annual report pursuant to Section 13 and 15(d)

10. PENSION PLANS (Details - Retirement Plans)

v3.3.1.900
10. PENSION PLANS (Details - Retirement Plans) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Other changes recognized in other comprehensive income:      
Total recognized in other comprehensive income $ 1,040 $ 0 $ 0
Retirement Plan [Member]      
Amounts at the end of the year      
Accumulated/projected benefit obligation 16,552    
Fair value of plan assets 12,567    
Funded status, (underfunded)/overfunded (3,985)    
Amounts recognized in the consolidated balance sheets:      
Other liabilities (3,985)    
Accumulated other comprehensive income, unrecognized net income (885)    
Amounts recognized in the plan for the year:      
Company contributions 0    
Participant contributions 0    
Benefits paid (315)    
Net periodic benefit cost 49    
Other changes recognized in other comprehensive income:      
Net gain 885    
Amortization of net gain/(loss) 0    
Total recognized in other comprehensive income $ 885    
Assumptions used in computation benefit obligations:      
Discount rate 4.23%    
Expected long-term return on plan assets 7.75%    
Rate of compensation increase 0.00%    
Postretirement Plan [Member]      
Amounts at the end of the year      
Accumulated/projected benefit obligation $ 3,619    
Fair value of plan assets 0    
Funded status, (underfunded)/overfunded (3,619)    
Amounts recognized in the consolidated balance sheets:      
Accrued liabilities (214)    
Other liabilities (3,405)    
Accumulated other comprehensive income, unrecognized net income (155)    
Amounts recognized in the plan for the year:      
Company contributions 20    
Participant contributions 15    
Benefits paid (35)    
Net periodic benefit cost 97    
Other changes recognized in other comprehensive income:      
Net gain 155    
Amortization of net gain/(loss) 0    
Total recognized in other comprehensive income $ 155    
Assumptions used in computation benefit obligations:      
Discount rate 3.95%