Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2019

Benefit Plans [Abstract]

Net Periodic Benefit

The table below outlines the components of the Company’s net periodic benefit recognized during the three and nine months ended September 30, 2019 and 2018 for its pension and other postretirement benefit plans:

	Three months ended September 30,
	Pension Benefits						Other Postretirement Benefits
(dollars in thousands)	2019			2018			2019			2018
Service cost	$	10			8			17			-
Interest cost		311			299			60			47
Expected return on plan assets		(702	)		(753	)		(248	)		(323	)
Amortization of net (gain) loss		14			-			(49	)		(189	)
Amortization of prior service cost		-			-			(83	)		(73	)
Net periodic benefit	$	(367	)		(446	)		(303	)		(538	)

	Nine months ended September 30,
	Pension Benefits						Other Postretirement Benefits
(dollars in thousands)	2019			2018			2019			2018
Service cost	$	31			25			49			52
Interest cost		933			898			180			156
Expected return on plan assets		(2,108	)		(2,259	)		(743	)		(704	)
Amortization of net loss (gain)		44			-			(147	)		(367	)
Amortization of prior service cost		-			-			(250	)		(28	)
Net periodic benefit	$	(1,100	)		(1,336	)		(911	)		(891	)