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Pension
 9 Months Ended
Sep. 30, 2021
Pension [Abstract]  
Pension Note 10. Pension

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

Three Months Ended

Nine Months Ended

September 30,

September 30,

(Dollars in thousands)

2021

2020

2021

2020

Components of net periodic cost:

Service cost

$

107

$

83

$

312

$

249

Interest cost

96

131

279

394

Expected return on plan assets

(280)

(269)

(834)

(809)

Settlement expense

158

—

356

—

Recognized net actuarial loss

283

226

850

678

Total pension expense

$

364

$

171

$

963

$

512

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.