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Pension
6 Months Ended
Jun. 30, 2022
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)

2022

2021

2022

2021

Components of net periodic cost:

Service cost

$

85

$

107

$

171

$

205

Interest cost

168

96

336

183

Expected return on plan assets

(248)

(280)

(497)

(554)

Settlement expense

90

198

Recognized net actuarial loss

149

283

299

568

Total pension expense

$

154

$

296

$

309

$

600

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.