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COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS
 3 Months Ended
Mar. 31, 2014
COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS [Abstract]  
COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS
NOTE 9    COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIOD BENEFIT COSTS
 
The components of net periodic expense for the Corporation’s pension and other benefit plans for the periods indicated are as follows (dollars in thousands):
 
   
Three Months Ended
 
(dollars in thousands)
 
March 31, 2014
  
March 31, 2013
 
Qualified Pension
      
Service cost, benefits earned during the period
 $271  $349 
Interest cost on projected benefit obligation
  435   409 
Expected return on plan assets
  (793 )  (727 )
Amortization of unrecognized transition obligation
  -   - 
Amortization of unrecognized prior service cost
  2   3 
Amortization of unrecognized net loss
  160   380 
  Net periodic pension expense
 $75  $414 
          
Supplemental Pension
        
Service cost, benefits earned during the period
 $10  $10 
Interest cost on projected benefit obligation
  13   11 
Expected return on plan assets
  -   - 
Amortization of unrecognized prior service cost
  -   - 
Amortization of unrecognized net loss
  5   8 
  Net periodic supplemental pension expense
 $28  $29 
          
Postretirement, Medical and Life
        
Service cost, benefits earned during the period
 $11  $11 
Interest cost on projected benefit obligation
  18   15 
Expected return on plan assets
  -   - 
Amortization of unrecognized prior service cost
  (24 )  (24 )
Amortization of unrecognized net loss
  -   1 
  Net periodic postretirement, medical and life expense
 $5  $3