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Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]  
Components of Net Periodic Pension Cost and Other Changes in Plan Assets and Benefit
The following table summarizes the components of net periodic pension cost for the periods presented: 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(dollars in thousands)
2014
 
2013
 
2014
 
2013
Components of Net Periodic Pension Cost

 

 

 

Service cost—benefits earned during the period
$
631

 
$
708

 
$
1,262

 
$
1,416

Interest cost on projected benefit obligation
1,106

 
996

 
2,212

 
1,992

Expected return on plan assets
(1,735
)
 
(1,565
)
 
(3,470
)
 
(3,130
)
Amortization of prior service cost (credit)
(35
)
 
(34
)
 
(70
)
 
(68
)
Recognized net actuarial loss
209

 
588

 
418

 
1,176

Net Periodic Pension Expense
$
176

 
$
693

 
$
352

 
$
1,386