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Benefit Plan
 6 Months Ended
Jun. 30, 2021
Retirement Benefits [Abstract]  
Benefit Plan Benefit Plans
 
Park has a noncontributory defined benefit pension plan (the "Pension Plan") covering substantially all of its employees. The Pension Plan provides benefits based on an employee’s years of service and compensation.
 
There were no Pension Plan contributions for any of the three-month or six-month periods ended June 30, 2021 and 2020.
 
The following table shows the components of net periodic pension benefit expense:

Three Months Ended
June 30,		Six Months Ended
June 30,		Affected Line Item in the Consolidated
Condensed Statements of Income
(In thousands)2021202020212020
Service cost$2,479 $2,080 $4,958 $4,160 Employee benefits
Interest cost1,340 1,320 2,680 2,640 Other components of net
periodic pension benefit income
Expected return on plan assets(3,933)(3,602)(7,866)(7,204)Other components of net
periodic pension benefit income
Recognized net actuarial loss and prior service costs555 294 1,110 588 Other components of net
periodic pension benefit income
Net periodic pension benefit expense$441 $92 $882 $184 

Park has entered into Supplemental Executive Retirement Plan Agreements (the “SERP Agreements”) with certain key officers of the Corporation and its subsidiaries which provide defined pension benefits in excess of limits imposed by federal tax law. The expense for the Corporation related to the SERP Agreements for the three months and six months ended June 30, 2021 and 2020 was as follows:

Three Months Ended
June 30,		Six Months Ended
June 30,		Affected Line Item in the Consolidated
Condensed Statements of Income
(In thousands)2021202020212020
Service cost$204 $219 $408 $583 Employee benefits
Interest cost149 133 298 267 Miscellaneous expense
Total SERP expense$353 $352 $706 $850