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Components of Net Periodic Benefit Cost | 9 Months Ended
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Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract] |
Components of Net Periodic Benefit Cost |
7. | Components of Net Periodic Benefit Cost
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | (000's) |  | (000's)
|  | Pension Benefits |  | Post-Retirement Health Benefits |  | Pension Benefits |  | Post-Retirement Health Benefits
|  | 2013 |  | 2012 |  | 2013 |  | 2012 |  | 2013 |  | 2012 |  | 2013 |  | 2012
Service cost |  | $ | 559 |  |  | $ | 1,218 |  |  | $ | 17 |  |  | $ | 15 |  |  | $ | 1,678 |  |  | $ | 3,654 |  |  | $ | 51 |  |  | $ | 82 |
Interest cost |  | 846 |  |  | 917 |  |  | 43 |  |  | 43 |  |  | 2,537 |  |  | 2,750 |  |  | 130 |  |  | 180 |
Expected return on plan assets |  | (827 | ) |  | (815 | ) |  | — |  |  | — |  |  | (2,482 | ) |  | (2,444 | ) |  | — |  |  | — |
Amortization of transition obligation |  | — |  |  | — |  |  | 15 |  |  | 15 |  |  | — |  |  | — |  |  | 44 |  |  | 45 |
Net amortization of prior service cost |  | (4 | ) |  | 41 |  |  | — |  |  | — |  |  | (12 | ) |  | 124 |  |  | — |  |  | — |
Net amortization of net (gain) loss |  | 523 |  |  | 567 |  |  | — |  |  | — |  |  | 1,568 |  |  | 1,702 |  |  | — |  |  | — |
Net Periodic Benefit Cost |  | $ | 1,097 |  |  | $ | 1,928 |  |  | $ | 75 |  |  | $ | 73 |  |  | $ | 3,289 |  |  | $ | 5,786 |  |  | $ | 225 |  |  | $ | 307 |
Employer Contributions First Financial Corporation previously disclosed in its financial statements for the year ended December 31, 2012 that it expected to contribute $2.1 million and $550 thousand respectively to its Pension Plan and ESOP and $234 thousand to the Post Retirement Health Benefits Plan in 2013. Contributions of $1.5 million have been made to the Pension Plan. Contributions of $156 thousand have been made through the first nine months of 2013 for the Post Retirement Health Benefits plan. No contributions have been made in 2013 for the ESOP. The Pension plan was frozen for most employees at the end of 2012 and for those employees there will be discretionary contributions to the ESOP plan and a 401K plan in place of the former Pension benefit. In the first nine months of 2013 there has been $1.1 million of expense accrued for potential contributions to these alternative retirement benefit options.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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