Retirement Plans (Tables)

12 Months Ended

Dec. 31, 2021

Retirement Benefits [Abstract]

Schedule of Benefit Obligation

The benefit obligation at December 31, 2021 and December 31, 2020 was calculated as follows:

	2021		2020
	(Dollars in thousands)
Benefit obligation, January 1	$	6,482	$	5,949
Service (benefit)/cost	(498)		361
Interest cost	350		336
Benefits paid	(233)		(164)
Accrued liability at December 31	$	6,101	$	6,482

Schedule of Net Periodic Pension Cost

The net SERP pension benefit for 2021 and cost for 2020 was calculated as follows:

	2021		2020
	(Dollars in thousands)
Service (benefit)/cost	$	(498)	$	361
Interest cost	350		336
	$	(148)	$	697