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Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2017
Supplemental Retirement Plan  
Benefit plans  
Schedule of components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

Three Months Ended

    

 

 

March 31, 

 

 

    

2017

    

2016

 

 

 

(Dollars in thousands)

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

Service cost

 

$

81

 

$

133

 

Interest cost

 

 

259

 

 

259

 

Amortization of net actuarial loss

 

 

69

 

 

60

 

Net periodic benefit cost

 

$

409

 

$

452

 

 

Split-Dollar Life Insurance Benefit Plan  
Benefit plans  
Schedule of change in projected benefit obligation

 

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31, 

 

 

 

2017

    

2016

 

 

 

(Dollars in thousands)

 

Change in projected benefit obligation:

 

 

 

 

 

 

 

Projected benefit obligation at beginning of year

 

$

6,301

 

$

6,215

 

Interest cost

 

 

61

 

 

248

 

Actuarial gain

 

 

 —

 

 

(162)

 

Projected benefit obligation at end of period

 

$

6,362

 

$

6,301

 

 

Schedule of amounts recognized in accumulated other comprehensive loss

 

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31, 

 

 

 

2017

    

2016

 

 

 

(Dollars in thousands)

 

Net actuarial loss

 

$

2,166

 

$

2,126

 

Prior transition obligation

 

 

1,306

 

 

1,328

 

Accumulated other comprehensive  loss

 

$

3,472

 

$

3,454

 

 

Schedule of components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

Three Months Ended

    

 

 

March 31, 

 

 

    

2017

    

2016

 

 

 

(Dollars in thousands)

 

Amortization of prior transition obligation

 

$

(18)

 

$

(13)

 

Interest cost

 

 

61

 

 

62

 

Net periodic benefit cost

 

$

43

 

$

49