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Pension and Retirement Plans (Tables)
3 Months Ended
Mar. 31, 2023
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost (Credit)

The components of net periodic benefit cost (credit) were as follows:

 

 

 

Three Months Ended March 31,

 

 

 

Pension Plan

 

 

Supplemental
Retirement Plan

 

 

Retirement Healthcare Plan

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

(dollars in thousands)

 

Net periodic benefit cost (credit)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

 

 

$

 

 

$

68

 

 

$

101

 

 

$

4

 

 

$

8

 

Interest cost

 

 

452

 

 

 

310

 

 

 

100

 

 

 

59

 

 

 

5

 

 

 

5

 

Expected return on assets

 

 

(801

)

 

 

(936

)

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of net actuarial (gain) loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6

)

 

 

 

Net periodic benefit cost (credit)

 

$

(349

)

 

$

(626

)

 

$

168

 

 

$

160

 

 

$

3

 

 

$

13