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Pension
3 Months Ended
Mar. 31, 2022
Pension [Abstract]  
Pension Note 10. Pension

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

Three Months Ended

March 31,

(Dollars in thousands)

2022

2021

Components of net periodic cost:

Service cost

$

86

$

99

Interest cost

168

87

Expected return on plan assets

(249)

(274)

Settlement expense

108

Recognized net actuarial loss

150

285

Total pension expense

$

155

$

305

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.