Retirement Benefits

3 Months Ended

Mar. 31, 2012

Retirement Benefits

Retirement Benefits

3.Retirement Benefits

The components of net periodic benefit cost (income) related to the non-contributory, defined benefit pension plan for the three month period ended March 31 were as follows:

	Three Months Ended March 31,
In thousands	2012			2011
Service cost	$	163		$	143
Interest cost	231			240
Expected return on plan assets	(443		)	(457		)
Amortization of net loss	153			35
Amortization of transition obligation	2			3
Amortization of prior service cost	10			10
Net Periodic Benefit Cost (Income)	$	116		$	(26	)

The Corporation previously disclosed in its consolidated financial statements for the year ended December 31, 2011, that it had not yet determined the amount the Bank plans on contributing to the plan in 2012.  As of March 31, 2012, this contribution amount has still not been determined.  Effective April 1, 2012, no inactive or former participant in the plan will be eligible to again participate in the plan, and no employee hired after March 31, 2012, will be eligible to participate in the plan.