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Employee Benefit Plans
9 Months Ended
Jun. 30, 2015
Employee Benefit Plans [Abstract]  
Employee Benefit Plans

 

(5)Employee Benefit Plans

 

The components of net periodic benefit cost for pension and other benefits were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension Benefits

Three Months Ended
June 30,

 

Nine Months Ended
June 30,

(Dollars in Thousands)

2015

 

2014

 

2015

 

2014

Interest cost

$

364 

 

$

375 

 

$

1,092 

 

$

1,125 

Expected return on plan assets

 

(396)

 

 

(377)

 

 

(1,188)

 

 

(1,131)

Amortization of net loss

 

85 

 

 

48 

 

 

253 

 

 

145 

Net periodic benefit cost

$

53 

 

$

46 

 

$

157 

 

$

139 

 

 

 

 

 

 

 

 

 

 

 

 

Other Benefits

Three Months Ended
June 30,

 

Nine Months Ended
June 30,

(Dollars in Thousands)

2015

 

2014

 

2015

 

2014

Service cost

$

13 

 

$

15 

 

$

38 

 

$

46 

Interest cost

 

 

 

13 

 

 

24 

 

 

38 

Amortization of net gain

 

(12)

 

 

(2)

 

 

(36)

 

 

(8)

Net periodic benefit cost

$

 

$

26 

 

$

26 

 

$

76 

 

The Company, under the IRS minimum funding standards, has no required contributions to make to its defined benefit pension plan during fiscal 2015.

 

The Company maintains 401(k) Retirement Savings Plans for certain employees, which may provide for employer matching contributions, and a supplemental defined contribution plan for certain executives, which provides for employer contributions at the discretion of the Company.  Amounts expensed for Company contributions under these plans during the three months ended June 30, 2015 and 2014 were $500 and $495, respectively.  Amounts expensed during the nine months ended June 30, 2015 and 2014 were $1,349 and $1,354, respectively.