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Components of Net Periodic Benefit Costs (Tables)
6 Months Ended
Jun. 30, 2020
Retirement Benefits [Abstract]  
Schedule of Net Benefit Costs
Net periodic benefit (income) cost for Pension Plan, RIM Plan, Post-retirement Plan and split-dollar life insurance arrangement plan benefits for the three and six months ended June 30, 2020 and 2019, includes the following components:
 
For the Three Months Ended June 30,
 
 
 
Pension Plan
 
RIM Plan
 
Post-retirement Plan
 
Split-Dollar Life Insurance
 
 
 
2020
 
2019
 
2020
 
2019
 
2020
 
2019
 
2020
 
2019
 
 Affected Line Item in the Consolidated Statements of Income
 
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
1,937

 
$
1,501

 
$
67

 
$
53

 
$
99

 
$
84

 
$
120

 
$
88

 
Compensation and employee benefits
Interest cost
2,031

 
2,194

 
102

 
116

 
171

 
207

 
131

 
114

 
Other non-interest expense
Expected return on plan assets
(5,737
)
 
(4,727
)
 

 

 

 

 

 

 
Other non-interest expense
Amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost

 

 

 

 

 

 
14

 
14

 
Other non-interest expense
Net loss
781

 
765

 
99

 
61

 
77

 
37

 
113

 
62

 
Other non-interest expense
Net periodic (income) benefit cost
$
(988
)
 
$
(267
)
 
$
268

 
$
230

 
$
347

 
$
328

 
$
378

 
$
278

 
 
 
For the Six Months Ended June 30,
 
 
 
Pension Plan
 
RIM Plan
 
Post-retirement Plan
 
Split-Dollar Life Insurance
 
 
 
2020
 
2019
 
2020
 
2019
 
2020
 
2019
 
2020
 
2019
 
 Affected Line Item in the Consolidated Statements of Income
 
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
3,874

 
$
3,002

 
$
134

 
$
106

 
$
198

 
$
168

 
$
226

 
$
176

 
Compensation and employee benefits
Interest cost
4,062

 
4,388

 
204

 
232

 
342

 
414

 
245

 
228

 
Other non-interest expense
Expected return on plan assets
(11,474
)
 
(9,454
)
 

 

 

 

 

 

 
Other non-interest expense
Amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost

 

 

 

 

 

 
28

 
28

 
Other non-interest expense
Net loss
1,562

 
1,530

 
198

 
122

 
154

 
74

 
226

 
124

 
Other non-interest expense
Net periodic (income) benefit cost
$
(1,976
)
 
$
(534
)
 
$
536

 
$
460

 
$
694

 
$
656

 
$
725

 
$
556