Pension

3 Months Ended

Mar. 31, 2023

Pension [Abstract]

Pension

Pension

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

	For the Three Months Ended March 31
(In thousands)	2023		2022
Service cost	$	116	$	132
Interest cost on projected benefit obligation	1,158		665
Expected return on plan assets	(1,001)		(1,126)
Amortization of prior service cost	(67)		(68)
Amortization of unrecognized net loss	427		498
Net periodic pension cost	$	633	$	101

All benefits accrued under the Company’s defined benefit pension plan have been frozen since January 1, 2011. During the first three months of 2023, 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.