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Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2022
Benefit Plans [Abstract]  
Net Periodic Benefit
The table below outlines the components of the Company’s net periodic benefit recognized during the three and six months ended June 30, 2022 and 2021 for its pension and other postretirement benefit plans:

 
Three months ended June 30,
 
 
Pension Benefits
   
Other Postretirement Benefits
 
(dollars in thousands)
 
2022
   
2021
   
2022
   
2021
 

                       
Service cost
 
$
-
     
(11
)
   
(9
)
   
26
 
Interest cost
   
221
     
212
     
51
     
39
 
Expected return on plan assets
   
(796
)
   
(662
)
   
(333
)
   
(290
)
Amortization of net gain
   
-
     
-
     
(426
)
   
(169
)
Amortization of prior service cost
   
-
     
-
     
123
     
102
 
Net periodic benefit
 
$
(575
)
   
(461
)
   
(594
)
   
(292
)

 
Six months ended June 30,
 
 
Pension Benefits
   
Other Postretirement Benefits
 
(dollars in thousands)
 
2022
   
2021
   
2022
   
2021
 
                         
Service cost
 
$
-
     
-
     
9
     
48
 
Interest cost
   
444
     
428
     
103
     
83
 
Expected return on plan assets
   
(1,613
)
   
(1,423
)
   
(666
)
   
(617
)
Amortization of net gain
   
-
     
-
     
(504
)
   
(397
)
Amortization of prior service cost (credit)
   
-
     
-
     
(157
)
   
50
 
Net periodic benefit
 
$
(1,169
)
   
(995
)
   
(1,215
)
   
(833
)