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PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS (Tables)
3 Months Ended
Mar. 31, 2015
Pension Plan  
PENSION PLANS  
Schedule of components of net periodic benefit cost

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2015

 

2014

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Interest cost

 

$

348

 

$

366

 

Expected return on assets

 

(472

)

(524

)

Amortization of net actuarial losses

 

393

 

304

 

Net periodic cost

 

$

269

 

$

146

 

 

SERPs  
PENSION PLANS  
Schedule of components of net periodic benefit cost

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2015

 

2014

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Interest cost

 

$

110 

 

$

113 

 

Amortization of net transition obligation

 

 

 

Amortization of prior service cost

 

 

 

Amortization of net actuarial losses

 

27 

 

 

Net periodic cost

 

$

146 

 

$

123