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EMPLOYEE BENEFITS (Tables)
6 Months Ended
Jun. 30, 2012
EMPLOYEE BENEFITS  
Components of net periodic benefit cost and other amounts recognized in Other Comprehensive Income

 

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

 

 

Pension Benefits

 

SERP Benefits

 

Pension Benefits

 

SERP Benefits

 

(In thousands)

 

2012

 

2011

 

2012

 

2011

 

2012

 

2011

 

2012

 

2011

 

Service cost

 

$

281

 

$

229

 

$

30

 

$

27

 

$

563

 

$

456

 

$

60

 

$

54

 

Interest cost

 

126

 

121

 

13

 

14

 

252

 

240

 

26

 

28

 

Expected return on plan assets

 

(247

)

(189

)

 

 

(494

)

(377

)

 

 

Amortization of net loss

 

62

 

25

 

 

 

124

 

50

 

 

 

Amortization of unrecognized prior service cost

 

3

 

2

 

 

 

5

 

4

 

 

 

Amortization of unrecognized transition (asset) obligation

 

 

 

7

 

7

 

 

 

14

 

14

 

Net periodic benefit cost

 

$

225

 

$

188

 

$

50

 

$

48

 

$

450

 

$

373

 

$

100

 

$

96