Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v3.5.0.2
EMPLOYEE BENEFIT PLANS (Tables)
 9 Months Ended
Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Schedule of expected benefit payments related to the defined benefit pension plan
Three Months Ended September 30, Nine Months Ended September 30,
(Dollars in Thousands) 2016 2015 2016 2015
Service Cost $ 1,613 $ 1,715 $ 4,839 $ 5,145
Interest Cost 1,397 1,438 4,191 4,313
Expected Return on Plan Assets (1,934) (1,955) (5,802) (5,865)
Prior Service Cost Amortization 69 77 207 232
Net Loss Amortization 801 891 2,403 2,673
Net Periodic Benefit Cost $ 1,946 $ 2,166 $ 5,838 $ 6,498
Discount Rate 4.52% 4.15% 4.52% 4.15%
Long-term Rate of Return on Assets 7.50% 7.50% 7.50% 7.50%
Schedule of expected benefit payments related to the SERP
The components of the net periodic benefit cost for the Company's SERP were as follows:
Three Months Ended September 30, Nine Months Ended September 30,
(Dollars in Thousands) 2016 2015 2016 2015
Interest Cost $ 40 $ 34 $ 120 $ 101
Prior Service Cost Amortization - 2 - 5
Net Loss Amortization 190 44 570 134
Net Periodic Benefit Cost $ 230 $ 80 $ 690 $ 240
Discount Rate 4.13% 4.15% 4.13% 4.15%