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Employee Benefits (Tables)
9 Months Ended
Sep. 30, 2015
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)
2015
 
2014
 
2015
 
2014
Components of Net Periodic Pension Cost

 

 

 

Service cost—benefits earned during the period
$
606

 
$
516

 
$
1,951

 
$
1,778

Interest cost on projected benefit obligation
1,120

 
1,141

 
3,319

 
3,353

Expected return on plan assets
(1,772
)
 
(1,710
)
 
(5,385
)
 
(5,180
)
Amortization of prior service (credit) cost
(34
)
 
(34
)
 
(104
)
 
(104
)
Recognized net actuarial loss
586

 
287

 
1,521

 
705

Net Periodic Pension Expense
$
506

 
$
200

 
$
1,302

 
$
552