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EMPLOYEE BENEFIT PLANS
3 Months Ended
Mar. 31, 2019
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS
EMPLOYEE BENEFIT PLANS
Components of the net periodic benefit cost for the three months ended March 31, 2019 and 2018, are as follows:
 
For The
Three Months Ended
March 31,
 
2019
 
2018
 
Qualified
Pension
Plan
 
Nonqualified
Excess
Pension Plan
 
Qualified
Pension
Plan
 
Nonqualified
Excess
Pension Plan
 
(Dollars In Thousands)
Service cost — benefits earned during the period
$
3,114

 
$
285

 
$
3,441

 
$
387

Interest cost on projected benefit obligation
2,778

 
371

 
2,397

 
359

Expected return on plan assets
(4,463
)
 

 
(4,026
)
 

Amortization of prior service cost

 


 

 

Amortization of actuarial loss

 
74

 

 
265

Total net periodic benefit costs
$
1,429

 
$
730

 
$
1,812

 
$
1,011


During the three months ended March 31, 2019, the Company did not make a contribution to its defined benefit pension plan. The Company will make contributions in future periods as necessary to at least satisfy minimum funding requirements, to maintain an adjusted funding target attainment percentage (“AFTAP”) of at least 80% and to avoid certain Pension Benefit Guaranty Corporation (“PBGC”) reporting triggers. The Company may also make additional discretionary contributions in excess of the contribution amounts established by the current funding policy.