XML 42 R32.htm IDEA: XBRL DOCUMENT v3.23.3
Pension and Retirement Plans (Tables)
9 Months Ended
Sep. 30, 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 September 30,

 

 

 

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

 

 

$

100

 

 

$

5

 

 

$

6

 

Interest cost

 

 

451

 

 

 

328

 

 

 

100

 

 

 

65

 

 

 

7

 

 

 

4

 

Expected return on assets

 

 

(801

)

 

 

(968

)

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of net actuarial (gain) loss

 

 

 

 

 

 

 

 

 

 

 

7

 

 

 

(5

)

 

 

 

Net periodic benefit cost (credit)

 

$

(350

)

 

$

(640

)

 

$

168

 

 

$

172

 

 

$

7

 

 

$

10

 

 

 

 

Nine Months Ended September 30,

 

 

 

Pension Plan

 

 

Supplemental
Retirement Plan

 

 

Retirement Healthcare Plan

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

(dollars in thousands)

 

Net periodic benefit cost (credit)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

 

 

$

 

 

$

204

 

 

$

299

 

 

$

13

 

 

$

20

 

Interest cost

 

 

1,354

 

 

 

982

 

 

 

300

 

 

 

195

 

 

 

18

 

 

 

14

 

Expected return on assets

 

 

(2,403

)

 

 

(2,907

)

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of net actuarial (gain) loss

 

 

 

 

 

 

 

 

 

 

 

21

 

 

 

(16

)

 

 

 

Net periodic benefit cost (credit)

 

$

(1,049

)

 

$

(1,925

)

 

$

504

 

 

$

515

 

 

$

15

 

 

$

34