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PENSION PLANS (Tables)
3 Months Ended
Mar. 31, 2014
Pension Plan
 
PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS  
Schedule of components of net periodic benefit cost

 

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2014

 

2013

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Interest cost

 

$

366

 

$

348

 

Expected return on assets

 

(524

)

(470

)

Amortization of net actuarial losses

 

304

 

599

 

Net periodic cost

 

$

146

 

$

477

 

SERPs
 
PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS  
Schedule of components of net periodic benefit cost

 

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2014

 

2013

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Interest cost

 

$

113

 

$

103

 

Amortization of net transition obligation

 

4

 

4

 

Amortization of prior service cost

 

5

 

5

 

Amortization of net actuarial losses

 

1

 

18

 

Net periodic cost

 

$

123

 

$

130