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Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2020
Supplemental Retirement Plan  
Benefit plans  
Schedule of components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

Three Months Ended

    

 

 

March 31, 

 

 

    

2020

    

2019

 

 

 

(Dollars in thousands)

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

Service cost

 

$

123

 

$

55

 

Interest cost

 

 

231

 

 

264

 

Amortization of net actuarial loss

 

 

85

 

 

46

 

  Net periodic benefit cost

 

$

439

 

$

365

 

 

 

 

 

 

 

 

 

 

Split-Dollar Life Insurance Benefit Plan  
Benefit plans  
Schedule of components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

Three Months Ended

    

 

 

March 31, 

 

 

    

2020

    

2019

 

 

 

(Dollars in thousands)

 

Amortization of prior transition obligation

 

$

(15)

 

$

(25)

 

Interest cost

 

 

62

 

 

70

 

Net periodic benefit cost

 

$

47

 

$

45

 

 

 

 

 

 

 

 

 

 

Schedule of change in projected benefit obligation

 

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31, 

 

 

 

2020

    

2019

 

 

 

(Dollars in thousands)

 

Change in projected benefit obligation:

 

 

 

 

 

 

 

Projected benefit obligation at beginning of year

 

$

8,198

 

$

6,903

 

Interest cost

 

 

62

 

 

278

 

Actuarial loss (gain)

 

 

 —

 

 

1,017

 

Projected benefit obligation at end of period

 

$

8,260

 

$

8,198

 

 

Schedule of amounts recognized in accumulated other comprehensive loss

 

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31,

 

 

 

2020

    

2019

 

 

 

(Dollars in thousands)

 

Net actuarial loss

 

$

3,813

 

$

3,776

 

Prior transition obligation

 

 

1,037

 

 

1,059

 

Accumulated other comprehensive loss

 

$

4,850

 

$

4,835