Net periodic (income) benefit cost for the Pension Plan, RIM Plan, Post-retirement Plan and Split-Dollar Life Insurance plan benefits for the three and six months ended June 30, 2025 and 2024, includes the following components:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | | | Pension Plan | | RIM Plan | | Post-retirement Plan | | Split-Dollar Life Insurance | | | | 2025 | | 2024 | | 2025 | | 2024 | | 2025 | | 2024 | | 2025 | | 2024 | | Affected Line Item in the Consolidated Statements of Income | | (In thousands) | | | | | | | | | | | | | | | | | | | | | Service cost | $ | 1,017 | | | $ | 1,212 | | | $ | 52 | | | $ | 61 | | | $ | 51 | | | $ | 54 | | | $ | 57 | | | $ | 57 | | | Compensation and employee benefits | Interest cost | 3,294 | | | 3,100 | | | 169 | | | 162 | | | 287 | | | 248 | | | 216 | | | 208 | | | Other non-interest expense | Expected return on plan assets | (8,607) | | | (8,119) | | | — | | | — | | | — | | | — | | | — | | | — | | | Other non-interest expense | Amortization: | | | | | | | | | | | | | | | | | | Prior service cost | — | | | — | | | — | | | — | | | — | | | — | | | 13 | | | 14 | | | Other non-interest expense | Net loss | — | | | 512 | | | — | | | 28 | | | — | | | — | | | (22) | | | — | | | Other non-interest expense | Net periodic (income) benefit cost | $ | (4,296) | | | $ | (3,295) | | | $ | 221 | | | $ | 251 | | | $ | 338 | | | $ | 302 | | | $ | 264 | | | $ | 279 | | | | | | | | | | | | | | | | | | | | | |
13. Components of Net Periodic Benefit Cost (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Six Months Ended June 30, | | | | Pension Plan | | RIM Plan | | Post-retirement Plan | | Split-Dollar Life Insurance | | | | 2025 | | 2024 | | 2025 | | 2024 | | 2025 | | 2024 | | 2025 | | 2024 | | Affected Line Item in the Consolidated Statements of Income | | (In thousands) | | | | | | | | | | | | | | | | | | | | | Service cost | $ | 2,034 | | | $ | 2,424 | | | $ | 104 | | | $ | 122 | | | $ | 102 | | | $ | 108 | | | $ | 114 | | | $ | 114 | | | Compensation and employee benefits | Interest cost | 6,587 | | | 6,200 | | | 338 | | | 324 | | | 574 | | | 496 | | | 432 | | | 416 | | | Other non-interest expense | Expected return on plan assets | (17,214) | | | (16,239) | | | — | | | — | | | — | | | — | | | — | | | — | | | Other non-interest expense | Amortization: | | | | | | | | | | | | | | | | | | Prior service cost | — | | | — | | | — | | | — | | | — | | | — | | | 26 | | | 28 | | | Other non-interest expense | Net loss | — | | | 1,024 | | | — | | | 56 | | | — | | | — | | | (44) | | | — | | | Other non-interest expense | Net periodic (income) benefit cost | $ | (8,593) | | | $ | (6,591) | | | $ | 442 | | | $ | 502 | | | $ | 676 | | | $ | 604 | | | $ | 528 | | | $ | 558 | | | | | | | | | | | | | | | | | | | | | |
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