Benefit Plans

9 Months Ended

Sep. 30, 2016

Benefit Plans

Benefit Plans

14. Benefit Plans

The following table sets forth the components of net periodic benefit cost for the three and nine months ended September 30, 2016 and 2015, recorded as a component of salaries and employee benefits in the consolidated statements of income:

	Pension Benefits				Other Benefits
(dollars in thousands)	2016		2015		2016		2015
Three Months Ended September 30,
Service cost	$	215	$	202	$	193	$	176
Interest cost		2,172		2,166		210		198
Expected return on plan assets		(1,180)		(1,042)		—		—
Prior service credit		—		—		(107)		(107)
Recognized net actuarial loss		1,774		2,451		—		34
Total net periodic benefit cost	$	2,981	$	3,777	$	296	$	301
Nine Months Ended September 30,
Service cost	$	644	$	605	$	577	$	527
Interest cost		6,486		6,498		631		594
Expected return on plan assets		(3,515)		(3,125)		—		—
Prior service credit		—		—		(321)		(322)
Recognized net actuarial loss		5,319		7,353		—		103
Total net periodic benefit cost	$	8,934	$	11,331	$	887	$	902