Defined Benefit Plans

6 Months Ended

Jun. 30, 2011

Defined Benefit Plans

Defined Benefit Plans

11. Defined Benefit Plans

        The following amounts relate to the defined benefit plans in aggregate for the three months and six months ended June 30, 2011 and 2010.

		Three Months Ended June 30,						Six Months Ended June 30,
		2011			2010			2011			2010
		(dollars in thousands)						(dollars in thousands)
Components of net periodic benefit cost included in employee compensation and benefits
	Service cost	$	—		$	—		$	—		$	—
	Interest cost		66			79			138			158
	Expected return on plan assets		(65	)		(74	)		(136	)		(147	)
	Amortization of (loss) / gain		—			—			—			—
	Amortization of prior service cost		5			5			10			11
	Effect of settlement		(18	)		—			(31	)		—
	Net periodic benefit cost	$	(12	)	$	10		$	(19	)	$	22

        In July 2011, the Company contributed $0.6 million to its defined benefit plan. The amount to be contributed to this plan in 2011 will be determined in the fourth quarter.