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Benefit Plans
3 Months Ended
Mar. 31, 2012
Benefit Plans [Abstract]  
Benefit Plans

(8) Benefit Plans

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 three months ended March 31, 2012 and 2011 includes the following components.

 

     Three months ended
March 31,
 
Components of Net Periodic Benefit Cost    2012      2011  
     (Dollars in thousands)  

Service cost

   $ 2       $ 2   

Interest cost

     9         9   

Prior service cost

     —           —     

Amortization of (gain) loss

     3        —     
  

 

 

    

 

 

 

Net periodic postretirement benefit cost

   $ 14       $ 11   
  

 

 

    

 

 

 

The Company expects to contribute $56 thousand to its postretirement benefit plan in 2012. No contributions were made in the first quarter of 2012.

Stock Option and Restricted Option Plans

During the quarter ended March 31, 2012 19,556 stock options were forfeited. There was no other activity during the quarter.