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Benefit Plans (Tables)
 9 Months Ended
Sep. 30, 2019
Compensation And Retirement Disclosure [Abstract]  
Schedule of Defined Benefit Pension Plan

The following table presents the net periodic pension cost for WesBanco’s Defined Benefit Pension Plan (the “Plan”) and the related components:

 

 

 

For the Three Months

Ended September 30,

 

 

For the Nine Months

Ended September 30,

 

(unaudited, in thousands)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Service cost – benefits earned during year

 

$

567

 

 

$

715

 

 

$

1,681

 

 

$

2,121

 

Interest cost on projected benefit obligation

 

 

1,327

 

 

 

1,242

 

 

 

3,938

 

 

 

3,684

 

Expected return on plan assets

 

 

(2,235

)

 

 

(2,416

)

 

 

(6,633

)

 

 

(7,169

)

Amortization of prior service cost

 

 

7

 

 

 

6

 

 

 

20

 

 

 

19

 

Amortization of net loss

 

 

817

 

 

 

766

 

 

 

2,424

 

 

 

2,274

 

Net periodic pension cost

 

$

483

 

 

$

313

 

 

$

1,430

 

 

$

929