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EMPLOYEE BENEFITS (Tables)
9 Months Ended
Sep. 30, 2013
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)

 

2013

 

2012

 

2013

 

2012

 

2013

 

2012

 

2013

 

2012

 

Service cost

 

$

235

 

$

284

 

$

38

 

$

30

 

$

697

 

$

847

 

$

112

 

$

90

 

Interest cost

 

142

 

128

 

19

 

13

 

421

 

380

 

57

 

39

 

Expected return on plan assets

 

(349

)

(250

)

 

 

(1,036

)

(744

)

 

 

Amortization of net loss

 

82

 

62

 

4

 

1

 

243

 

186

 

11

 

1

 

Amortization of unrecognized prior service cost

 

(19

)

3

 

 

 

(58

)

8

 

 

 

Amortization of unrecognized transition (asset) obligation

 

 

 

7

 

7

 

 

 

21

 

21

 

Net periodic benefit cost

 

$

91

 

$

227

 

$

68

 

$

51

 

$

267

 

$

677

 

$

201

 

$

151