Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v3.19.1
EMPLOYEE BENEFIT PLANS (Tables)
 3 Months Ended
Mar. 31, 2019
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) 2019 2018
Service Cost $ 1,529 $ 1,721
Interest Cost 1,545 1,415
Expected Return on Plan Assets (2,382) (2,391)
Prior Service Cost Amortization 4 50
Net Loss Amortization 965 918
Net Periodic Benefit Cost $ 1,661 $ 1,713
Discount Rate Used for Benefit Cost 4.43% 3.71%
Long-term Rate of Return on Assets 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 March 31,
(Dollars in Thousands) 2019 2018
Interest Cost $ 87 $ 57
Net Loss Amortization 190 406
Net Periodic Benefit Cost $ 277 $ 463
Discount Rate Used for Benefit Cost 4.23% 3.53%