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Employee Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2015
Defined SERP  
Net Periodic Benefit Cost

The following table presents the components of the SERP’s net periodic pension cost in the periods indicated:

 

     Three Months Ended March 31,  
     2015      2014  
(Amounts in thousands)              

Service cost

   $ 33       $ 26   

Interest cost

     70         73   

Amortization of losses

     2         —     

Amortization of prior service cost

     47         47   
  

 

 

    

 

 

 

Net periodic cost

$ 152    $ 146   
  

 

 

    

 

 

 
Directors Plan  
Net Periodic Benefit Cost

The following table presents the components of the Directors’ Plan’s net periodic pension cost in the periods indicated:

 

     Three Months Ended March 31,  
     2015      2014  
(Amounts in thousands)              

Service cost

   $ 12       $ 5   

Interest cost

     13         12   

Amortization of losses

     15         —     

Amortization of prior service cost

     18         18   
  

 

 

    

 

 

 

Net periodic cost

$ 58    $ 35