Components of Net Periodic Benefit Cost

6 Months Ended

Jun. 30, 2011

Components of Net Periodic Benefit Cost

Components of Net Periodic Benefit Cost

7. Components of Net Periodic Benefit Cost

	Three Months Ended June 30,										Six Months Ended June 30,
	(000’s)										(000’s)
							Post-Retirement										Post-Retirement
	Pension Benefits						Health Benefits				Pension Benefits						Health Benefits
	2011			2010			2011		2010		2011			2010			2011		2010
Service cost	$	775		$	773		$	27	$	16	$	1,550		$	1,546		$	55	$	33
Interest cost	824			828			60		55		1,648			1,657			120		109
Expected return on plan assets	(964		)	(850		)	—		—		(1,929		)	(1,700		)	—		—
Amortization of transition obligation	—			—			15		15		—			—			30		30
Net amortization of prior service cost	(4		)	(4		)	—		—		(9		)	(9		)	—		—
Net amortization of net (gain) loss	161			245			—		3		321			491			0		6
Net Periodic Benefit Cost	$	792		$	992		$	102	$	89	$	1,581		$	1,985		$	205	$	178

Employer Contributions

First Financial Corporation previously disclosed in its financial statements for the year ended December 31, 2010 that it expected to contribute $4.9 and $1.4 million respectively to its Pension Plan and ESOP and $210,000 to the Post Retirement Health Benefits Plan in 2011. Contributions of $122 thousand have been made through the first six months of 2011 for the Post Retirement Health Benefits plan.