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Pension
9 Months Ended
Sep. 30, 2022
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)

2022

2021

2022

2021

Components of net periodic cost:

Service cost

$

86

$

107

$

257

$

312

Interest cost

168

96

504

279

Expected return on plan assets

(249)

(280)

(746)

(834)

Settlement expense

158

356

Recognized net actuarial loss

150

283

449

850

Total pension expense

$

155

$

364

$

464

$

963

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.