Pension and Other Postretirement Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

Schedule of net expense for the pension and other postretirement benefit plans

	Three months ended				Nine months ended
	September 30,				September 30,
(In thousands)	2023		2022		2023		2022
Employee Pension Plan:
Interest cost	$	203	$	138	$	609	$	414
Amortization of unrecognized loss		—		1		—		3
Expected return on plan assets		(278)		(257)		(832)		(772)
Net employee pension benefit (1)	$	(75)	$	(118)	$	(223)	$	(355)
Outside Director Pension Plan:
Service cost	$	2	$	3	$	6	$	9
Interest cost		15		11		44		34
Amortization of unrecognized gain		(40)		(7)		(120)		(21)
Net outside director pension (benefit) expense (2)	$	(23)	$	7	$	(70)	$	22
Other Postretirement Benefit Plans:
Service cost	$	40	$	67	$	120	$	201
Interest cost		95		70		286		209
Amortization of unrecognized gain		(60)		—		(180)		—
Amortization of past service credit		—		(7)		—		(21)
Net other postretirement expense (1)	$	75	$	130	$	226	$	389

(2) Reported in the Consolidated Statements of Income as part of other operating expenses.