Pension and Other Postretirement Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2024

Notes Tables

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

	Three months ended
	March 31,
(In thousands)	2024		2023
Employee Pension Plan:
Interest cost	$	194	$	203
Expected return on plan assets		(284)		(277)
Net employee pension benefit (1)	$	(90)	$	(74)
Outside Director Pension Plan:
Service cost	$	2	$	2
Interest cost		11		15
Amortization of unrecognized gain		(38)		(40)
Net outside director pension (benefit) expense (2)	$	(25)	$	(23)
Other Postretirement Benefit Plans:
Service cost	$	42	$	40
Interest cost		96		95
Amortization of unrecognized gain		(54)		(60)
Net other postretirement expense (1)	$	84	$	75

(1) Reported in the Consolidated Statements of Income as part of salaries and employee benefits.

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