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COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS
3 Months Ended
Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]  
COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS
COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS

The components of net periodic expense for the Corporation’s pension and other benefit plans for the periods indicated are as follows (in thousands):
 
 
Three Months Ended 
 March 31,
 
 
2017
 
2016
Qualified Pension Plan
 
 
 
 
Service cost, benefits earned during the period
 
$

 
$
296

Interest cost on projected benefit obligation
 
403

 
470

Expected return on plan assets
 
(785
)
 
(755
)
Amortization of unrecognized transition obligation
 

 

Amortization of unrecognized prior service cost
 

 
2

Amortization of unrecognized net loss
 
58

 
384

Net periodic pension cost
 
$
(324
)
 
$
397

 
 
 
 
 
Supplemental Pension Plan
 
 

 
 

Service cost, benefits earned during the period
 
$

 
$
11

Interest cost on projected benefit obligation
 
12

 
13

Expected return on plan assets
 

 

Amortization of unrecognized prior service cost
 

 

Amortization of unrecognized net loss
 
1

 
6

Net periodic supplemental pension cost
 
$
13

 
$
30

 
 
 
 
 
Postretirement Plan, Medical and Life
 
 

 
 

Service cost, benefits earned during the period
 
$

 
$
12

Interest cost on projected benefit obligation
 
4

 
17

Expected return on plan assets
 

 

Amortization of unrecognized prior service cost
 
(55
)
 
(24
)
Amortization of unrecognized net loss
 
29

 
6

Net periodic postretirement, medical and life cost
 
$
(22
)
 
$
11