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EMPLOYEE BENEFIT PLANS (Tables)
9 Months Ended
Sep. 30, 2012
EMPLOYEE BENEFIT PLANS  
Components of the net periodic benefit cost of the Company's defined benefit pension plan and unfunded excess benefits plan

 

 

 

 

For The

 

For The

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

 

 

(Dollars In Thousands)

 

Service cost – benefits earned during the period

 

$

2,561

 

$

2,194

 

$

7,683

 

$

6,582

 

Interest cost on projected benefit obligation

 

2,604

 

2,508

 

7,812

 

7,524

 

Expected return on plan assets

 

(2,673

)

(2,512

)

(8,019

)

(7,536

)

Amortization of prior service cost

 

(95

)

(98

)

(285

)

(294

)

Amortization of actuarial losses

 

2,175

 

1,388

 

6,525

 

4,164

 

Total benefit cost

 

$

4,572

 

$

3,480

 

$

13,716

 

$

10,440