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EMPLOYEE BENEFITS (Tables)
6 Months Ended
Jun. 30, 2014
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)

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

Service cost

 

$

227

 

$

232

 

$

33

 

$

37

 

$

451

 

$

462

 

$

66

 

$

73

 

Interest cost

 

160

 

140

 

22

 

19

 

318

 

279

 

44

 

38

 

Expected return on plan assets

 

(406

)

(345

)

 

 

(808

)

(686

)

 

 

Amortization of net loss

 

7

 

81

 

 

4

 

14

 

153

 

 

8

 

Amortization of unrecognized prior service cost

 

(19

)

(19

)

 

 

(39

)

(38

)

 

 

Amortization of unrecognized transition obligation

 

 

 

7

 

7

 

 

 

14

 

14

 

Net periodic benefit cost

 

$

(31

)

$

89

 

$

62

 

$

67

 

$

(64

)

$

170

 

$

124

 

$

133