XML 138 R120.htm IDEA: XBRL DOCUMENT v3.22.0.1
Post-Retirement Benefits (Details)
 12 Months Ended
Dec. 31, 2021
USD ($)
item
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Post-Retirement Benefits      
Number of post-retirement health and life insurance benefit plans | item 2    
Change in benefit obligation:      
Benefit obligation at beginning of year $ 0    
Benefit obligation at end of year 0 $ 0  
Weighted-average assumptions used to determine net periodic pension cost      
Discount rate (as a percent)     4.10%
Other Comprehensive Income      
Change in benefit obligation:      
Interest cost     $ 1,157,000
Components of net periodic pension cost and other amounts recognized in other comprehensive income      
Interest cost     1,157,000
Recognized net actuarial loss     483,000
Net periodic pension expense     (600,000)
Net loss     2,722,000
Amortization of gain (loss)     (483,000)
Total amount recognized in other comprehensive income     (7,887,000)
Total recognized in net periodic benefit cost and other comprehensive income     1,639,000
SCBT Post-retirement Benefit Plan      
Change in benefit obligation:      
Benefit obligation at beginning of year 209,000 254,000 309,000
Interest cost 3,000 6,000 11,000
Actuarial (gain) loss 11,000 (19,000) (33,000)
Benefits paid (28,000) (32,000) (33,000)
Benefit obligation at end of year 195,000 209,000 254,000
Change in plan assets:      
Employer contribution 28,000 32,000 33,000
Benefits paid (28,000) (32,000) (33,000)
Funded (unfunded) status $ (195,000) $ (209,000) $ (254,000)
Weighted-average assumptions used to determine the benefit obligation      
Discount rate (as a percent) 2.10% 1.60% 2.70%
Weighted-average assumptions used to determine net periodic pension cost      
Discount rate (as a percent) 1.60% 2.70% 3.80%
Assumed health care cost trend rates      
Health care cost trend rate assumed for next fiscal year (as a percent) 5.00% 5.00% 5.00%
Components of net periodic pension cost and other amounts recognized in other comprehensive income      
Interest cost $ 3,000 $ 6,000 $ 11,000
Estimated net loss for the retiree medical plan that will be amortized from other comprehensive income into periodic benefit cost over the next fiscal year      
Estimated net loss for the plan that will be amortized from other comprehensive income into periodic benefit cost over the next fiscal year 1,000    
Estimated future benefit payments (including expected future service as appropriate)      
2022 27,000    
2023 25,000    
2024 23,000    
2025 22,000    
2026 20,000    
2027-2031 67,000    
Estimated future benefit payments 184,000    
Expected contributions in the next fiscal year      
Amount of expected contributions in the next fiscal year 27,000    
SCBT Post-retirement Benefit Plan | Other Comprehensive Income      
Change in benefit obligation:      
Interest cost 3,000 6,000 11,000
Components of net periodic pension cost and other amounts recognized in other comprehensive income      
Interest cost 3,000 6,000 11,000
Recognized net actuarial loss   2,000 6,000
Net periodic pension expense 3,000 8,000 17,000
Net loss 11,000 (19,000) (33,000)
Amortization of gain (loss)   (2,000) (6,000)
Total amount recognized in other comprehensive income 11,000 (21,000) (39,000)
Total recognized in net periodic benefit cost and other comprehensive income 14,000 (13,000) (22,000)
FFCH Post-retirement Benefit Plan      
Change in benefit obligation:      
Benefit obligation at beginning of year 2,070,000 2,109,000 2,281,000
Interest cost 31,000 54,000 82,000
Actuarial (gain) loss (110,000) 180,000 7,000
Benefits paid (246,000) (285,000) (273,000)
less: federal subsidy on benefits paid 9,000 12,000 12,000
Benefit obligation at end of year 1,754,000 2,070,000 2,109,000
Change in plan assets:      
Employer contribution 236,000 273,000 261,000
Participants' contributions 10,000 12,000 12,000
Benefits paid (246,000) (285,000) (273,000)
Funded (unfunded) status $ (1,754,000) $ (2,070,000) $ (2,109,000)
Weighted-average assumptions used to determine the benefit obligation      
Discount rate (as a percent) 2.10% 1.60% 2.70%
Weighted-average assumptions used to determine net periodic pension cost      
Discount rate (as a percent) 1.60% 2.70% 3.80%
Assumed health care cost trend rates      
Health care cost trend rate assumed for next fiscal year (as a percent) 5.00% 5.00% 5.00%
Components of net periodic pension cost and other amounts recognized in other comprehensive income      
Interest cost $ 31,000 $ 54,000 $ 82,000
Estimated net loss for the retiree medical plan that will be amortized from other comprehensive income into periodic benefit cost over the next fiscal year      
Estimated net loss for the plan that will be amortized from other comprehensive income into periodic benefit cost over the next fiscal year 141,000    
Estimated future benefit payments (including expected future service as appropriate)      
2022 216,000    
2023 203,000    
2024 189,000    
2025 174,000    
2026 159,000    
2027-2031 583,000    
Estimated future benefit payments 1,524,000    
Expected contributions in the next fiscal year      
Amount of expected contributions in the next fiscal year 216,000    
FFCH Post-retirement Benefit Plan | Other Comprehensive Income      
Change in benefit obligation:      
Interest cost 31,000 54,000 82,000
Components of net periodic pension cost and other amounts recognized in other comprehensive income      
Interest cost 31,000 54,000 82,000
Recognized net actuarial loss 174,000 151,000 160,000
Net periodic pension expense 205,000 205,000 242,000
Net loss (110,000) 180,000 7,000
Amortization of gain (loss) 174,000 151,000 160,000
Total amount recognized in other comprehensive income (284,000) 29,000 (153,000)
Total recognized in net periodic benefit cost and other comprehensive income $ (79,000) $ 234,000 $ 89,000