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Employee Benefit Plans
3 Months Ended
Mar. 31, 2015
Employee Benefit Plans  
Employee Benefit Plans

NOTE 7: Employee Benefit Plans

 

The Bank has a non-contributory defined benefit pension plan for which the components of net periodic benefit cost are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

 

(Dollars in thousands)

    

2015

    

2014

 

Service cost

 

$

267 

 

$

191 

 

Interest cost

 

 

117 

 

 

113 

 

Expected return on plan assets

 

 

(253)

 

 

(208)

 

Amortization of prior service cost

 

 

(14)

 

 

(17)

 

Amortization of net loss

 

 

29 

 

 

 

Net periodic benefit cost

 

$

146 

 

$

87