XML 26 R16.htm IDEA: XBRL DOCUMENT v3.20.2
Employee Benefit Plans
6 Months Ended
Jun. 30, 2020
Employee Benefit Plans  
Employee Benefit Plans

NOTE 8: Employee Benefit Plans

​

The following table summarizes the components of net periodic benefit cost for the Bank’s non-contributory cash balance pension plan.

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

Six Months Ended June 30, 

(Dollars in thousands)

    

2020

    

2019

    

2020

    

2019

    

Components of net periodic benefit cost:

​

​

​

​

​

​

​

​

​

​

​

​

​

Service cost, included in salaries and employee benefits

​

$

415

​

$

316

​

$

801

​

$

609

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Other components of net periodic benefit cost:

​

​

​

​

​

​

​

​

​

​

​

​

​

Interest cost

​

 

140

​

 

151

​

 

275

​

 

304

​

Expected return on plan assets

​

 

(371)

​

 

(319)

​

 

(745)

​

 

(649)

​

Amortization of prior service credit

​

 

(17)

​

 

(17)

​

 

(34)

​

 

(34)

​

Amortization of net obligation at transition

​

 

—

​

 

—

​

 

—

​

 

—

​

Recognized net actuarial losses

​

 

57

​

 

52

​

 

99

​

 

94

​

Other components of net periodic benefit cost, included in other noninterest income

​

​

(191)

​

​

(133)

​

​

(405)

​

​

(285)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Net periodic benefit cost

​

$

224

​

$

183

​

$

396

​

$

324

​

​