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Defined Benefit Plans
3 Months Ended
Mar. 31, 2012
Defined Benefit Plans [Abstract]  
Defined Benefit Plans

Note 11 – Defined Benefit Plans

The components of the combined net periodic cost (benefit) for the Corporation's defined benefit pension plans were as follows:

 

     Three Months Ended
March 31,
 
     2012     2011  

Expected return on plan assets, net of expenses

   $ (2,603   $ (2,859

Interest cost on projected benefit obligation

     1,950        1,973   

Net amortization and deferral

     1,229        783   
  

 

 

   

 

 

 

Net periodic cost (benefit)

   $ 576      $ (103
  

 

 

   

 

 

 

The Corporation's non-qualified defined benefit pension plan is not funded. No contributions to the qualified defined benefit pension plan were made during the three months ended March 31, 2012. The Corporation does not expect to make any contributions to the qualified defined benefit plan during the remainder of 2012.