Pension

6 Months Ended

Jun. 30, 2012

Pension [Abstract]

Pension

Pension

The amount of net pension cost is shown in the table below:

	For the Three Months Ended June 30						For the Six Months Ended June 30
(In thousands)	2012			2011			2012			2011
Service cost - benefits earned during the period	$	104		$	88		$	207		$	176
Interest cost on projected benefit obligation	1,286			1,362			2,573			2,724
Expected return on plan assets	(1,645		)	(1,675		)	(3,290		)	(3,350		)
Amortization of unrecognized net loss	730			540			1,460			1,080
Net periodic pension cost	$	475		$	315		$	950		$	630

Substantially all benefits accrued under the Company’s defined benefit pension plan were frozen effective January 1, 2005, and the remaining benefits were frozen effective January 1, 2011. During the first six months of 2012, the Company made no funding contributions to its defined benefit pension plan and made minimal funding contributions to a supplemental executive retirement plan (the CERP), which carries no segregated assets. The Company has no plans to make any further contributions, other than those related to the CERP, during the remainder of 2012.