Postretirement Benefits

6 Months Ended

Jun. 30, 2011

Postretirement Benefits

Postretirement Benefits

(8) Postretirement Benefits

The Company has a postretirement benefit plan whereby the Company pays postretirement health care benefits for certain of its retirees that have met minimum age and service requirements. Net periodic postretirement benefit cost for the six- and three-month periods ended June 30, 2011 and 2010 includes the following components.

	Six months ended June  30, (Dollars in thousands)
	2011		2010
Components of net periodic cost:
Service cost	$	4	$	2
Interest cost		18		21
Prior service cost		—		(4	)
Net periodic postretirement benefit cost	$	22	$	19
	Three months ended June 30, (Dollars in thousands)
	2011		2010
Components of net periodic cost:
Service cost	$	2	$	1
Interest cost		9		11
Prior service cost		—		(2	)
Net periodic postretirement benefit cost	$	11	$	10

The Company expects to contribute $43 thousand to its postretirement benefit plan in 2011. No contributions were made in the first six months of 2010. For additional information related to the plan, refer to the Company's Form 10-K for the year ended December 31, 2010.