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Pension
9 Months Ended
Sep. 30, 2023
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)

2023

2022

2023

2022

Components of net periodic cost:

Service cost

$

54

$

86

$

162

$

257

Interest cost

202

168

605

504

Expected return on plan assets

(231)

(249)

(693)

(746)

Recognized net actuarial loss

150

449

Total pension expense

$

25

$

155

$

74

$

464

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.