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Employee Benefit Plan (Tables)
6 Months Ended
Jun. 30, 2012
Components of Net Periodic Benefit Cost for SERP

The Company has established a Supplemental Retirement Plan (“SERP”) for its Chief Executive Officer. The components of net periodic benefit cost for the SERP are set forth in the table below:

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2012     2011      2012     2011  
     (In thousands)  

Service cost

   $ 51      $ 50       $ 102      $ 99   

Interest cost

     41        36         80        71   

Expected return on plan assets

     —          —           —          —     

Amortization of prior service cost

     4        4         8        8   

Amortization of net actuarial loss

     (11 )      2         (23 )      3   
  

 

 

   

 

 

    

 

 

   

 

 

 

Net periodic SERP cost

   $ 85      $ 92       $ 167      $ 181