Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v3.10.0.1
EMPLOYEE BENEFIT PLANS (Tables)
 6 Months Ended
Jun. 30, 2018
Compensation and Retirement Disclosure [Abstract]  
Schedule of expected benefit payments related to the defined benefit pension plan
Three Months Ended June 30, Six Months Ended June 30,
(Dollars in Thousands) 2018 2017 2018 2017
Service Cost $ 1,721 $ 1,688 $ 3,442 $ 3,376
Interest Cost 1,415 1,437 2,830 2,874
Expected Return on Plan Assets (2,391) (2,006) (4,782) (4,012)
Prior Service Cost Amortization 50 56 100 112
Net Loss Amortization 918 953 1,837 1,906
Net Periodic Benefit Cost $ 1,713 $ 2,128 $ 3,427 $ 4,256
Discount Rate 3.71% 4.21% 3.71% 4.21%
Long-term Rate of Return on Assets 7.25% 7.25% 7.25% 7.25%
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 June 30, Six Months Ended June 30,
(Dollars in Thousands) 2018 2017 2018 2017
Interest Cost $ 57 $ 48 $ 113 $ 96
Net Loss Amortization 406 149 813 298
Net Periodic Benefit Cost $ 463 $ 197 $ 926 $ 394
Discount Rate 3.53% 3.92% 3.53% 3.92%