v2.4.0.6
Employee Retirement Plans
3 Months Ended
Mar. 31, 2013
Asset Retirement Obligation Disclosure [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
6. Employee Retirement Plans

 

The components of the Company’s net pension expense were:

 

    Three Months Ended March 31,  
    2013     2012  
    (Dollars in thousands)  
Benefits earned during the period   $ 385     $ 399  
Interest cost on projected benefit obligation     578       602  
Expected return on plan assets     (519 )     (482 )
Net amortization and deferral     381       470  
 Net pension expense   $ 825     $ 989