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Benefit Plans (Tables)
9 Months Ended
Sep. 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 nine months ended  September 30, 2022 and 2021 for its pension and other postretirement benefit plans:

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

                       
Service cost
 
$
-
     
-
     
4
     
9
 
Interest cost
   
222
     
214
     
52
     
60
 
Expected return on plan assets
   
(807
)
   
(712
)
   
(333
)
   
(274
)
Amortization of net gain
   
-
     
-
     
(280
)
   
(137
)
Amortization of prior service (credit) cost
   
-
     
-
     
(78
)
   
177
 
Net periodic benefit
 
$
(585
)
   
(498
)
   
(635
)
   
(165
)

 
Nine months ended September 30,
 
 
Pension Benefits
   
Other Postretirement Benefits
 
(dollars in thousands)
 
2022
   
2021
   
2022
   
2021
 
                         
Service cost
 
$
-
     
-
     
13
     
57
 
Interest cost
   
666
     
642
     
155
     
143
 
Expected return on plan assets
   
(2,420
)
   
(2,135
)
   
(999
)
   
(891
)
Amortization of net gain
   
-
     
-
     
(784
)
   
(534
)
Amortization of prior service cost (credit)
   
-
     
-
     
(235
)
   
227
 
Net periodic benefit
 
$
(1,754
)
   
(1,493
)
   
(1,850
)
   
(998
)