Retirement Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2020

The following tables provide the components of net periodic benefit costs for the three and nine month periods ended September 30, 2020 and 2019.


	Employees'		Select Executive		Postretirement
	Pension		Retirement		Benefit
	Plan		Plan		Plans
Net Periodic (Benefit) Cost
For the Three Months Ended September 30, 2020:
Service Cost 1	$	416	$	102	$	30
Interest Cost 2	387		48		78
Expected Return on Plan Assets 2	(902)		—		—
Amortization of Prior Service Cost 2	15		11		27
Amortization of Net Loss 2	20		37		—
Net Periodic (Benefit) Cost	$	(64)	$	198	$	135

Plan Contributions During the Period	$	—	$	116	$	54

For the Three Months Ended September 30, 2019:
Service Cost 1	$	382	$	81	$	30
Interest Cost 2	513		54		91
Expected Return on Plan Assets 2	(765)		—		—
Amortization of Prior Service Cost 2	17		14		25
Amortization of Net Loss (Gain) 2	153		29		(10)
Net Periodic Cost	$	300	$	178	$	136

Plan Contributions During the Period	$	—	$	117	$	51


Net Periodic Benefit Cost
For the Nine Months Ended September 30, 2020:
Service Cost 1	$	1,247	$	306	$	92
Interest Cost 2	1,159		144		233
Expected Return on Plan Assets 2	(2,706)		—		—
Amortization of Prior Service Cost 2	47		32		80
Amortization of Net Loss 2	61		110		—
Net Periodic (Benefit) Cost	$	(192)	$	592	$	405

Plan Contributions During the Period	$	—	$	349	$	191

Estimated Future Contributions in the Current Fiscal Year	$	—	$	—	$	—

For the Nine Months Ended September 30, 2019:
Service Cost 1	$	1,146	$	243	$	91
Interest Cost 2	1,253		162		273
Expected Return on Plan Assets 2	(2,296)		—		—
Amortization of Prior Service Cost 2	52		41		76
Amortization of Net Loss (Benefit) 2	460		86		(32)
Net Periodic Cost	$	615	$	532	$	408

Plan Contributions During the Period	$	—	$	350	$	142

Footnotes:

1. Included in Salaries and Employee Benefits on the Consolidated Statements of Income

2. Included in Other Operating Expense on the Consolidated Statements of Income