XML 26 R17.htm IDEA: XBRL DOCUMENT v3.23.1
Employee Benefit Plans
3 Months Ended
Mar. 31, 2023
Employee Benefit Plans  
Employee Benefit Plans

NOTE 9: Employee Benefit Plans

The following table summarizes the components of net periodic benefit cost for the Bank’s non-contributory cash balance pension plan.

Three Months Ended March 31, 

(Dollars in thousands)

    

2023

    

2022

Components of net periodic benefit cost:

Service cost, included in salaries and employee benefits

$

358

$

479

Other components of net periodic benefit cost:

Interest cost

 

182

 

124

Expected return on plan assets

 

(325)

 

(418)

Amortization of prior service credit

 

(17)

 

(17)

Recognized net actuarial losses

 

38

 

9

Other components of net periodic benefit cost, included in other noninterest expense

(122)

(302)

Net periodic benefit cost

$

236

$

177