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Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2018
Supplemental Retirement Plan  
Benefit plans  
Schedule of components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

    

 

 

June 30, 

 

June 30, 

 

 

    

2018

    

2017

    

2018

    

2017

 

 

 

(Dollars in thousands)

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

62

 

$

81

 

$

124

 

$

162

 

Interest cost

 

 

237

 

 

259

 

 

474

 

 

518

 

Amortization of net actuarial loss

 

 

73

 

 

69

 

 

146

 

 

138

 

Net periodic benefit cost

 

$

372

 

$

409

 

$

744

 

$

818

 

 

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

 

 

 

 

 

 

 

 

 

    

June 30, 

    

December 31, 

 

 

 

2018

    

2017

 

 

 

(Dollars in thousands)

 

Change in projected benefit obligation:

 

 

 

 

 

 

 

Projected benefit obligation at beginning of year

 

$

6,711

 

$

6,301

 

Interest cost

 

 

113

 

 

243

 

Actuarial loss

 

 

 —

 

 

167

 

Projected benefit obligation at end of period

 

$

6,824

 

$

6,711

 

 

Schedule of amounts recognized in accumulated other comprehensive loss

 

 

 

 

 

 

 

 

 

    

June 30, 

    

December 31,

 

 

 

2018

    

2017

 

 

 

(Dollars in thousands)

 

Net actuarial loss

 

$

2,530

 

$

2,453

 

Prior transition obligation

 

 

1,194

 

 

1,238

 

Accumulated other comprehensive loss

 

$

3,724

 

$

3,691

 

 

Schedule of components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

    

 

 

June 30, 

 

June 30, 

 

 

    

2018

    

2017

    

2018

    

2017

 

 

 

(Dollars in thousands)

 

Amortization of prior transition obligation

 

$

(16)

 

$

(17)

 

$

(32)

 

$

(35)

 

Interest cost

 

 

56

 

 

60

 

 

113

 

 

121

 

Net periodic benefit cost

 

$

40

 

$

43

 

$

81

 

$

86