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

 

 

 

 

Three months ended September 30,

 

Nine months ended September 30,

 

 

 

Pension Benefits

 

SERP Benefits

 

Pension Benefits

 

SERP Benefits

 

(In thousands)

 

2012

 

2011

 

2012

 

2011

 

2012

 

2011

 

2012

 

2011

 

Service cost

 

$

284

 

$

231

 

$

30

 

$

27

 

$

847

 

$

687

 

$

90

 

$

81

 

Interest cost

 

128

 

121

 

13

 

15

 

380

 

361

 

39

 

43

 

Expected return on plan assets

 

(250

)

(192

)

 

 

(744

)

(569

)

 

 

Amortization of net loss

 

62

 

26

 

1

 

 

186

 

76

 

1

 

 

Amortization of unrecognized prior service cost

 

3

 

3

 

 

 

8

 

7

 

 

 

Amortization of unrecognized transition (asset) obligation

 

 

 

7

 

7

 

 

 

21

 

21

 

Net periodic benefit cost

 

$

227

 

$

189

 

$

51

 

$

49

 

$

677

 

$

562

 

$

151

 

$

145