v3.25.4
Employee Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2025
Retirement Benefits, Description [Abstract]  
Schedule of Accumulated Post-retirement Benefit Obligation and Funded Status
The following table sets forth the accumulated post-retirement benefit obligation and funded status:
At December 31,202520242023
Change in benefit obligations
Benefit obligation at beginning of year:$843,000 $919,000 $1,050,000 
Interest cost42,000 41,000 48,000 
Benefits paid(66,000)(73,000)(79,000)
Actuarial gain1,000 (44,000)(100,000)
Benefit obligation at end of year:$820,000 $843,000 $919,000 
Funded status  
Benefit obligation at end of year$(820,000)$(843,000)$(919,000)
Unamortized gain(304,000)(363,000)(384,000)
Accrued benefit cost$(1,124,000)$(1,206,000)$(1,303,000)
Weighted average discount rate as of December 314.91 %5.30 %4.67 %
Schedule of Net Pension Costs
The following table sets forth the net periodic benefit cost:
For the years ended December 31,202520242023
Components of net periodic benefit cost
Interest cost$42,000 $41,000 $48,000 
Amortization of gains(33,000)(33,000)— 
Other settlement income(24,000)(31,000)(33,000)
Net periodic benefit (credit) cost$(15,000)$(23,000)$15,000 
Weighted average discount rate for net periodic cost5.30 %4.67 %4.75 %
Schedule of Net Periodic Benefit Cost Not Yet Recognized
In accordance with FASB ASC Topic 715, "Compensation – Retirement Benefits", amounts not yet reflected in net periodic benefit cost and included in AOCI are as follows:
At December 31,20252024Portion to Be Recognized in
Income in 2026
Unamortized net actuarial gain $304,000 $363,000 $— 
Deferred tax expense at 21% (64,000)(76,000)— 
Net unrecognized post-retirement benefits included in accumulated other comprehensive income $240,000 $287,000 $—