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Pension and Other Postretirement Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2025
Pension and Other Postretirement Benefit Plans  
Schedule of net expense for the pension and other postretirement benefit plans

 

Three months ended

 

Nine months ended

 

September 30, 

 

September 30, 

(In thousands)

    

2025

    

2024

    

2025

    

2024

Employee Pension Plan:

 

  

 

  

 

  

 

  

Interest cost

$

203

$

193

$

610

$

581

Expected return on plan assets

 

(277)

 

(284)

 

(831)

 

(852)

Net employee pension benefit (1)

$

(74)

$

(91)

$

(221)

$

(271)

Outside Director Pension Plan:

 

  

 

  

 

  

 

  

Service cost

$

2

$

2

$

6

$

6

Interest cost

 

12

 

11

 

36

 

33

Amortization of unrecognized gain

 

(25)

 

(38)

 

(75)

 

(114)

Net outside director pension (benefit) expense (2)

$

(11)

$

(25)

$

(33)

$

(75)

Other Postretirement Benefit Plans:

 

  

 

  

 

  

 

  

Service cost

$

38

$

41

$

114

$

125

Interest cost

 

115

 

96

 

345

 

288

Amortization of unrecognized gain

(48)

(54)

(144)

(162)

Net other postretirement expense (1)

$

105

$

83

$

315

$

251

(1) Reported in the Consolidated Statements of Operations as part of salaries and employee benefits.

(2) Reported in the Consolidated Statements of Operations as part of other operating expenses.