Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v3.19.3
EMPLOYEE BENEFIT PLANS (Tables)
 9 Months Ended
Sep. 30, 2019
Defined Benefit Pension Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs
Three Months Ended September 30, Nine Months Ended September 30,
(Dollars in Thousands) 2019 2018 2019 2018
Service Cost $ 1,529 $ 1,721 $ 4,587 $ 5,163
Interest Cost 1,545 1,415 4,635 4,246
Expected Return on Plan Assets (2,382) (2,391) (7,146) (7,173)
Prior Service Cost Amortization 4 50 12 150
Net Loss Amortization 965 918 2,895 2,754
Net Periodic Benefit Cost $ 1,661 $ 1,713 $ 4,983 $ 5,140
Discount Rate 4.43% 3.71% 4.43% 3.71%
Long-term Rate of Return on Assets 7.25% 7.25% 7.25% 7.25%
Supplemental Executive Retirement Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs
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) 2019 2018 2019 2018
Interest Cost $ 87 $ 57 $ 261 $ 170
Net Loss Amortization 190 406 570 1,220
Net Periodic Benefit Cost $ 277 $ 463 $ 831 $ 1,390
Discount Rate 4.23% 3.53% 4.23% 3.53%