Components of Net Periodic Benefit Cost

3 Months Ended

Mar. 31, 2012

Components of Net Periodic Benefit Cost

Components of Net Periodic Benefit Cost

7. Components of Net Periodic Benefit Cost

	Three Months ended March 31,
	(000’s)
							Post-Retirement
	Pension Benefits						Health Benefits
	2012			2011			2012		2011
Service cost	$	1,218		$	775		$	15	$	27
Interest cost	917			824			43		60
Expected return on plan assets	(815		)	(964		)	—		—
Amortization of transition obligation	—			—			15		15
Net amortization of prior service cost	41			(4		)	—		—
Net amortization of net (gain) loss	567			161			—		—
Net Periodic Benefit Cost	$	1,928		$	792		$	73	$	102

Employer Contributions

First Financial Corporation previously disclosed in its financial statements for the year ended December 31, 2011 that it expected to contribute $3.8 and $1.5 million respectively to its Pension Plan and ESOP and $225,000 to the Post Retirement Health Benefits Plan in 2012. Contributions of $660 thousand and $51 thousand have been made through the first three months of 2012 for the Pension Plan and the Post Retirement Health Benefits plan, respectively.