Defined Benefit Plans

9 Months Ended

Sep. 30, 2012

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 September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Expected return on plan assets, net of expenses	$	(2,603	)	$	(2,859	)	$	(7,809	)	$	(8,576	)
Interest cost on projected benefit obligation		1,951			1,973			5,851			5,919
Net amortization and deferral		1,427			783			4,084			2,348
Net periodic cost (benefit)	$	775		$	(103	)	$	2,126		$	(309	)

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 nine months ended September 30, 2012. The Corporation does not expect to make any contributions to the qualified defined benefit pension plan during the remainder of 2012.