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Retirement Benefits (Tables)
12 Months Ended
Dec. 31, 2011
Retirement Benefits [Abstract]  
Schedule of Changes in Projected Benefit Obligations
Following is a summary of the projected benefit obligation as of December 31, 2011 and 2010:
(Dollars in thousands)
2011
 
2010
Projected benefit obligation:
 

 
 

Beginning of year
$
51,828

 
$
45,889

Interest cost
2,716

 
2,675

Actuarial loss
2,243

 
3,264

End of year
$
56,787

 
$
51,828

Schedule of Amounts Recognized in Other Comprehensive Income (Loss)
Following is a summary of the amounts recognized in accumulated other comprehensive income (loss) as of December 31, 2011 and 2010:
(Dollars in thousands)
2011
 
2010
Net actuarial loss
$
10,007

 
$
9,093

Prior service cost
12,035

 
15,059

Net pension asset
$
22,042

 
$
24,152

Schedule of Net Benefit Costs
The components of net periodic pension benefit cost are as follows:
(Dollars in thousands)
2011
 
2010
 
2009
Components of net periodic benefit cost:
 

 
 

 
 

Interest cost
$
2,716

 
$
2,675

 
$
2,631

Amortization of unrecognized:


 


 


Prior service costs
3,023

 
3,023

 
3,023

Net actuarial loss
1,330

 
424

 

Net periodic pension cost
$
7,069

 
$
6,122

 
$
5,654

Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)
The changes in plan assets and projected benefit obligation recognized in other comprehensive income (loss) are as follows:
(Dollars in thousands)
2011
 
2010
Changes in plan assets and projected benefit obligation:
 

 
 

Net actuarial loss
$
2,243

 
$
3,264

Amortization of:


 


Net actuarial loss
(1,330
)
 
(424
)
Prior service costs
(3,023
)
 
(3,023
)
Total recognized in other comprehensive income (loss)
$
(2,110
)
 
$
(183
)