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COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS
6 Months Ended
Jun. 30, 2017
Retirement Benefits [Abstract]  
COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS
COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS

The components of net periodic expense for the Corporation’s pension and other benefit plans for the periods indicated are as follows (in thousands):
 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
 
2017
 
2016
 
2017
 
2016
Qualified Pension Plan
 
 
 
 
 
 
 
 
Service cost, benefits earned during the period
 
$

 
$
298

 
$

 
$
594

Interest cost on projected benefit obligation
 
403

 
470

 
806

 
940

Expected return on plan assets
 
(785
)
 
(756
)
 
(1,570
)
 
(1,511
)
Amortization of unrecognized transition obligation
 

 

 

 

Amortization of unrecognized prior service cost
 

 
2

 

 
4

Amortization of unrecognized net loss
 
58

 
383

 
116

 
767

Net periodic pension cost (benefit)
 
$
(324
)
 
$
397

 
$
(648
)
 
$
794

 
 
 
 
 
 
 
 
 
Supplemental Pension Plan
 
 

 
 

 
 

 
 

Service cost, benefits earned during the period
 
$

 
$
10

 
$

 
$
21

Interest cost on projected benefit obligation
 
12

 
13

 
24

 
26

Expected return on plan assets
 

 

 

 

Amortization of unrecognized prior service cost
 

 

 

 

Amortization of unrecognized net loss
 
1

 
7

 
2

 
13

Net periodic supplemental pension cost
 
$
13

 
$
30

 
$
26

 
$
60

 
 
 
 
 
 
 
 
 
Postretirement Plan, Medical and Life
 
 

 
 

 
 

 
 

Service cost, benefits earned during the period
 
$

 
$
12

 
$

 
$
24

Interest cost on projected benefit obligation
 
4

 
18

 
8

 
35

Expected return on plan assets
 

 

 

 

Amortization of unrecognized prior service cost
 
(55
)
 
(25
)
 
(110
)
 
(49
)
Amortization of unrecognized net loss
 
29

 
6

 
58

 
12

Net periodic postretirement, medical and life cost (benefit)
 
$
(22
)
 
$
11

 
$
(44
)
 
$
22