Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v3.8.0.1
EMPLOYEE BENEFIT PLANS (Tables)
 3 Months Ended
Mar. 31, 2018
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) 2018 2017
Service Cost $ 1,721 $ 1,688
Interest Cost 1,415 1,437
Expected Return on Plan Assets (2,391) (2,006)
Prior Service Cost Amortization 50 56
Net Loss Amortization 918 953
Net Periodic Benefit Cost $ 1,713 $ 2,128
Discount Rate Used for Benefit Cost 3.71% 4.21%
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) 2018 2017
Interest Cost $ 57 $ 48
Net Loss Amortization 406 149
Net Periodic Benefit Cost $ 463 $ 197
Discount Rate Used for Benefit Cost 3.53% 3.92%