Defined Benefit Plans

3 Months Ended

Mar. 31, 2013

Note 8. Defined Benefit Plans

The Company maintains a Supplemental Executive Retention Plan (the “SERP”) for key members of senior management. The following sets forth the components of the net periodic pension cost of the Company’s domestic non-contributory, non-qualified defined SERP for the periods indicated:


	Three Months Ended
	March 31,
	2013		2012
(Amounts in thousands)
Service cost	$	34	$	39
Interest cost		61		51
Amortization of losses		12		11
Amortization of prior service cost		47		34

Net periodic cost	$	154	$	135

The Company maintains a Directors’ Supplemental Retirement Plan (the “Directors’ Plan”) for its non-management directors. The following sets forth the components of the net periodic pension cost of the Company’s domestic non-contributory, non-qualified Directors’ Plan for the periods indicated:


	Three Months Ended
	March 31,
	2013		2012
(Amounts in thousands)
Service cost	$	7	$	7
Interest cost		10		10
Amortization of prior service cost		22		22

Net periodic cost	$	39	$	39