Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v3.7.0.1
EMPLOYEE BENEFIT PLANS (Tables)
 3 Months Ended
Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]  
Schedule of expected benefit payments related to the defined benefit pension plan
Three Months Ended March 31,
(Dollars in Thousands) 2017 2016
Service Cost $ 1,688 $ 1,613
Interest Cost 1,437 1,397
Expected Return on Plan Assets (2,006) (1,934)
Prior Service Cost Amortization 56 69
Net Loss Amortization 953 801
Net Periodic Benefit Cost $ 2,128 $ 1,946
Discount Rate 4.21% 4.52%
Long-term Rate of Return on Assets 7.25% 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 March 31,
(Dollars in Thousands) 2017 2016
Interest Cost $ 48 $ 40
Net Loss Amortization 149 190
Net Periodic Benefit Cost $ 197 $ 230
Discount Rate 3.92% 4.13%