XML 27 R16.htm IDEA: XBRL DOCUMENT v3.25.3
Retirement Plans and Other Postretirement Benefits
 9 Months Ended
Sep. 30, 2025
Retirement Benefits [Abstract]  
Retirement Plans and Other Postretirement Benefits Retirement Plans and Other Postretirement Benefits
Information with respect to the Retirement Plans and Other Postretirement Benefits follows: 
 Three Months Ended September 30,
 2025202420252024
(Dollars in thousands)Retirement PlansOther Post Retirement
Benefits
Service cost$137 $141 $10 $14 
Interest cost604 596 27 27 
Expected loss on plan assets(895)(870)— — 
Amortization of net actuarial loss (gain)64 175 (27)(28)
Net periodic benefit (income) cost$(90)$42 $10 $13 
 Nine Months Ended September 30,
 2025202420252024
(Dollars in thousands)Retirement PlansOther Post Retirement
Benefits
Service cost$411 $424 $32 $42 
Interest cost1,812 1,788 81 81 
Expected loss on plan assets(2,685)(2,610)— — 
Amortization of net actuarial loss (gain)188 526 (76)(85)
Net periodic benefit (income) cost$(274)$128 $37 $38 

The components of net periodic benefit cost, other than the service cost component, are included in other noninterest expense in the condensed consolidated statements of income.

The Corporation expects to make total contributions of $156 thousand to the Retirement Plans and $107 thousand to Other Postretirement Benefit Plans in 2025. During the nine months ended September 30, 2025, the Corporation contributed $117 thousand to its Retirement Benefit Plans and $82 thousand to its Other Postretirement Benefit Plans. During the nine months ended September 30, 2025, $2.1 million was paid to participants from the Retirement Plans and $82 thousand was paid to participants from the Other Postretirement Benefit Plans.