v3.25.2
Defined Benefit Pension Plans (Tables)
 6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost
The following table presents components of net periodic benefit cost and other amounts recognized in other comprehensive income (loss), on a pre-tax basis:
(Dollars in thousands)Qualified Pension PlanNon-Qualified Retirement Plans
Three MonthsSix Months Three MonthsSix Months
Periods ended June 30, 20252024202520242025202420252024
Net Periodic Benefit Cost:
Service cost (1)
$— $125 $— $250 $— $— $— $— 
Interest cost (2)
— 833 15 1,666 163 163 326 325 
Expected return on plan assets (2)
— (1,028)(34)(2,056)— — — — 
Recognized net actuarial loss (2)
— — — — 29 30 58 61 
Net periodic benefit cost before settlement— (70)(19)(140)192 193 384 386 
Pension plan settlement charge— — 6,436 — — — — — 
Net periodic benefit cost$— ($70)$6,417 ($140)$192 $193 $384 $386 
(1)Included in salaries and employee benefits expense in the Unaudited Consolidated Statements of Income. Service cost for 2024 represents administrative expenses related to the termination of the qualified pension plan.
(2)Included in other expenses in the Unaudited Consolidated Statements of Income.