Components of Quarterly and Year-to-Date Net Periodic Benefit Costs

9 Months Ended

Sep. 30, 2012

Components of Quarterly and Year-to-Date Net Periodic Benefit Costs [Abstract]

Components of Quarterly and Year-to-Date Net Periodic Benefit Costs

10.           Components of Quarterly and Year-to-Date Net Periodic Benefit Costs

	Nine Months Ended						Three Months Ended
	September 30,			September 30,			September 30,			September 30,
	2012			2011			2012			2011
Qualified Pension
Service cost, benefits earned during the period	$	970,053		$	777,402		$	323,351		$	259,134
Interest cost on projected benefit obligation		1,218,330			1,178,868			406,110			392,956
Expected return on plan assets		(1,990,479	)		(1,757,019	)		(663,493	)		(585,673	)
Amortization of unrecognized transition obligation		-			-			-			-
Amortization of unrecognized prior service cost		10,392			22,410			3,464			7,470
Amortization of unrecognized net loss		991,704			507,339			330,568			169,113
Net periodic pension expense	$	1,200,000		$	729,000		$	400,000		$	243,000
Supplemental Pension
Service cost, benefits earned during the period	$	26,076		$	22,968		$	8,692		$	7,656
Interest cost on projected benefit obligation		38,320			40,330			12,773			13,443
Expected return on plan assets		-			-			-			-
Amortization of unrecognized prior service cost		-			-			-			-
Amortization of unrecognized net loss		14,940			7,098			4,980			2,366
Net periodic supplemental pension expense	$	79,336		$	70,396		$	26,445		$	23,465
Postretirement, Medical and Life
Service cost, benefits earned during the period	$	26,250		$	24,750		$	8,750		$	8,250
Interest cost on projected benefit obligation		54,000			56,250			18,000			18,750
Expected return on plan assets		-			-			-			-
Amortization of unrecognized prior service cost		(72,750	)		(72,750	)		(24,250	)		(24,250	)
Amortization of unrecognized net gain		-			-			-			-
Net periodic postretirement, medical and life expense	$	7,500		$	8,250		$	2,500		$	2,750