Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v3.10.0.1
EMPLOYEE BENEFIT PLANS (Tables)
 9 Months Ended
Sep. 30, 2018
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) 2018 2017 2018 2017
Service Cost $ 1,721 $ 1,688 $ 5,163 $ 5,064
Interest Cost 1,415 1,437 4,246 4,312
Expected Return on Plan Assets (2,391) (2,006) (7,173) (6,019)
Prior Service Cost Amortization 50 56 150 167
Net Loss Amortization 918 953 2,754 2,859
Net Periodic Benefit Cost $ 1,713 $ 2,128 $ 5,140 $ 6,383
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 September 30, Nine Months Ended September 30,
(Dollars in Thousands) 2018 2017 2018 2017
Interest Cost $ 57 $ 48 $ 170 $ 143
Net Loss Amortization 406 149 1,220 448
Net Periodic Benefit Cost $ 463 $ 197 $ 1,390 $ 591
Discount Rate 3.53% 3.92% 3.53% 3.92%