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Employee Benefits (Tables)
9 Months Ended
Sep. 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 September 30,
 
Nine Months Ended September 30,
(dollars in thousands)
2014
 
2013
 
2014
 
2013
Components of Net Periodic Pension Cost

 

 

 

Service cost—benefits earned during the period
$
516

 
$
659

 
$
1,778

 
$
2,075

Interest cost on projected benefit obligation
1,141

 
997

 
3,353

 
2,989

Expected return on plan assets
(1,710
)
 
(1,526
)
 
(5,180
)
 
(4,656
)
Amortization of prior service cost (credit)
(34
)
 
(34
)
 
(104
)
 
(102
)
Recognized net actuarial loss
287

 
642

 
705

 
1,818

Net Periodic Pension Expense
$
200

 
$
738

 
$
552

 
$
2,124