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Pension
 6 Months Ended
Jun. 30, 2021
Pension [Abstract]  
Pension Note 10. Pension

The components of pension expense for the periods presented are as follows:

Three Months Ended

Six Months Ended

June 30,

June 30,

(Dollars in thousands)

2021

2020

2021

2020

Components of net periodic cost:

Service cost

$

107

$

83

$

205

$

166

Interest cost

96

131

183

262

Expected return on plan assets

(280)

(269)

(554)

(539)

Settlement expense

90

—

198

—

Recognized net actuarial loss

283

226

568

452

Total pension expense

$

296

$

171

$

600

$

341

The service cost component of pension expense is recorded in the salaries and employee benefits line and all other cost components are recorded in the nonservice pension line of the Consolidated Statements of Income.