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OTHER POSTRETIREMENT BENEFIT PLANS (Tables)
3 Months Ended
Mar. 31, 2015
Compensation And Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Cost

Components of net periodic benefit cost are as follows:

 

 

For the Three Months Ended March 31,

 

 

2015

 

 

2014

 

 

(Dollars in thousands)

 

Service cost

$

 

 

$

 

Interest cost

 

13

 

 

 

14

 

Expected return on plan assets

 

 

 

 

 

Net amortization of prior service cost

 

(19

)

 

 

(19

)

Recognized net actuarial gain

 

(22

)

 

 

(36

)

Net periodic benefit cost/(gain)

$

(28

)

 

$

(41

)

 

 

 

 

 

 

 

 

Assumptions used in the valuations were as follows:

 

 

 

 

 

 

 

Weighted average discount rate

 

3.40

%

 

 

3.95

%