Benefit Plans

3 Months Ended

Mar. 31, 2013

Benefit Plans

Benefit Plans

7) Benefit Plans

Supplemental Retirement Plan

        The Company has a supplemental retirement plan (the "Plan") covering current and former key executives and directors. The Plan is a nonqualified defined benefit plan. Benefits are unsecured as there are no Plan assets. The following table presents the amount of periodic cost recognized for the periods indicated:

	Three Months Ended March 31,
	2013		2012
	(Dollars in thousands)
Components of net periodic benefit cost:
Service cost	$	304	$	294
Interest cost		196		193
Amortization of prior service cost		—		7
Amortization of net actuarial loss		71		63
Net periodic benefit cost	$	571	$	557

Split-Dollar Life Insurance Benefit Plan

        The Company maintains life insurance policies for current and former directors and officers that are subject to split-dollar life insurance agreements. The following table sets forth the funded status of the split-dollar life insurance benefits for the periods indicated:

	March 31, 2013		December 31, 2012
	(Dollars in thousands)
Change in projected benefit obligation
Projected benefit obligation at beginning of year	$	4,717	$	4,525
Interest cost		44		185
Actuarial gain		3		7
Projected benefit obligation at end of period	$	4,764	$	4,717

        Amounts recognized in accumulated other comprehensive income at March 31, 2013 and December 31, 2012 consist of the following:

	March 31, 2013		December 31, 2012
	(Dollars in thousands)
Net actuarial loss	$	669	$	624
Prior transition obligation		1,665		1,685
Accumulated other comprehensive loss	$	2,334	$	2,309