Pension Plans (Tables)

9 Months Ended

Sep. 30, 2012

Pension Plans Tables

The following table contains the components of the pension expense

The following table contains the components of the pension expense.

	For the Three Months Ended September 30,
	2012			2011			2012			2011		2012 Total			2011 Total
($ in thousands)	Pension Plan			Pension Plan			SERP			SERP		Both Plans			Both Plans
Service cost – benefits earned during the period	$	386			478			67			99		453			577
Interest cost		326			432			61			102		387			534
Expected return on plan assets		(492	)		(444	)		─			─		(492	)		(444	)
Amortization of transition obligation		—			1			─			─		—			1
Amortization of net (gain)/loss		71			114			(17	)		26		54			140
Amortization of prior service cost		3			3			5			5		8			8
Net periodic pension cost	$	294			584			116			232		410			816

The following table contains the components of the pension expense.

	For the Nine Months Ended September 30,
	2012			2011			2012		2011		2012 Total			2011 Total
($ in thousands)	Pension Plan			Pension Plan			SERP		SERP		Both Plans			Both Plans
Service cost – benefits earned during the period	$	1,449			1,434			236		345		1,685			1,779
Interest cost		1,125			1,296			219		306		1,344			1,602
Expected return on plan assets		(1,477	)		(1,332	)		─		─		(1,477	)		(1,332	)
Amortization of transition obligation		2			3			─		─		2			3
Amortization of net (gain)/loss		474			342			17		78		491			420
Amortization of prior service cost		9			9			14		15		23			24
Net periodic pension cost	$	1,582			1,752			486		744		2,068			2,496