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PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS (Tables)
6 Months Ended
Jun. 30, 2015
Pension Plan  
PENSION PLANS  
Schedule of components of net periodic benefit cost

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

 

 

(Dollars in thousands)

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

Interest cost

 

$

348

 

$

366

 

$

696

 

$

732

 

Expected return on assets

 

(472

)

(524

)

(944

)

(1,048

)

Amortization of net actuarial losses

 

393

 

304

 

786

 

608

 

Net periodic cost

 

$

269

 

$

146

 

$

538

 

$

292

 

 

SERPs  
PENSION PLANS  
Schedule of components of net periodic benefit cost

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

Interest cost

 

$

110

 

$

113

 

$

220

 

$

226

 

Amortization of net transition obligation

 

4

 

4

 

8

 

8

 

Amortization of prior service cost

 

5

 

5

 

10

 

10

 

Amortization of net actuarial losses

 

28

 

1

 

55

 

2

 

Net periodic cost

 

$

147

 

$

123

 

$

293

 

$

246