Employee Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2022

Retirement Benefits [Abstract]

Schedule of Employee Benefits Charged to Operating Expenses

Employee benefits charged to operating expenses are summarized in the table below for the periods indicated.

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2022		2021		2022		2021
Payroll taxes	$	338	$	310	$	1,123	$	1,102
Medical plans	426		436		1,368		1,405
401(k) match and profit sharing	411		513		1,206		1,456
Periodic pension cost	402		449		1,206		1,347
Other	20		3		32		10
Total employee benefits	$	1,597	$	1,711	$	4,936	$	5,320

Schedule of Components of Net Pension Cost

The following items are components of net pension cost for the periods indicated:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2022		2021		2022		2021
Service cost - benefits earned during the year	$	373	$	423	$	1,118	$	1,269
Interest costs on projected benefit obligations (a)	294		268		881		804
Expected return on plan assets (a)	(570)		(461)		(1,711)		(1,382)
Expected administrative expenses	29		26		89		78
Amortization of prior service cost (a)	—		—		—		—
Amortization of unrecognized net loss (a)	—		92		—		275
Net periodic pension cost	$	125	$	348	$	376	$	1,044

(a)The components of net periodic pension cost other than the service cost and expected administrative expenses are included in other non-interest expense.