Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v3.5.0.2
EMPLOYEE BENEFIT PLANS (Tables)
 6 Months Ended
Jun. 30, 2016
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) 2016 2015 2016 2015
Service Cost $ 1,613 $ 1,675 $ 3,226 $ 3,350
Interest Cost 1,397 1,425 2,794 2,850
Expected Return on Plan Assets (1,934) (1,950) (3,870) (3,900)
Prior Service Cost Amortization 69 75 139 150
Net Loss Amortization 801 800 1,602 1,600
Net Periodic Benefit Cost $ 1,946 $ 2,025 $ 3,891 $ 4,050
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 (income) for the Company's SERP were as follows:
Three Months Ended June 30, Six Months Ended June 30,
(Dollars in Thousands) 2016 2015 2016 2015
Interest Cost $ 40 $ 28 $ 80 $ 55
Prior Service Cost Amortization - 2 - 5
Net Loss (Gain) Amortization 190 (90) 380 (180)
Net Periodic Benefit Cost (Income) $ 230 $ (60) $ 460 $ (120)
Discount Rate 4.13% 4.15% 4.13% 4.15%