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Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2021
Benefit Plans [Abstract]  
Net Periodic Benefit
The table below outlines the components of the Company’s net periodic benefit recognized during the three and nine months ended September 30, 2021 and 2020 for its pension and other postretirement benefit plans:

 
Three months ended September 30,
 
 
Pension Benefits
   
Other Postretirement Benefits
 
(dollars in thousands)
 
2021
   
2020
   
2021
   
2020
 

                       
Service (credit) cost
 
$
-
     
9
     
9
     
15
 
Interest cost
   
214
     
269
     
60
     
40
 
Expected return on plan assets
   
(712
)
   
(755
)
   
(274
)
   
(296
)
Amortization of net loss (gain)
   
-
     
(5
)
   
(137
)
   
(217
)
Amortization of prior service cost (credit)
   
-
     
-
     
177
     
(49
)
Net periodic benefit
 
$
(498
)
   
(482
)
   
(165
)
   
(507
)

 
Nine months ended September 30,
 
 
Pension Benefits
   
Other Postretirement Benefits
 
(dollars in thousands)
 
2021
   
2020
   
2021
   
2020
 
                         
Service cost
 
$
-
     
28
     
57
     
55
 
Interest cost
   
642
     
807
     
143
     
152
 
Expected return on plan assets
   
(2,135
)
   
(2,265
)
   
(891
)
   
(887
)
Amortization of net loss (gain)
   
-
     
-
     
(534
)
   
(531
)
Amortization of prior service cost (credit)
   
-
     
-
     
227
     
(147
)
Net periodic benefit
 
$
(1,493
)
   
(1,430
)
   
(998
)
   
(1,358
)