v3.26.1
Employee Benefit Plans
3 Months Ended
Mar. 31, 2026
Employee Benefit Plans  
Employee Benefit Plans

NOTE 8: Employee Benefit Plans

The following table summarizes the components of net periodic benefit cost for the Bank’s non-contributory cash balance pension plan.

Three Months Ended March 31, 

 

(Dollars in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

 

Components of net periodic benefit cost:

Service cost, included in salaries and employee benefits

$

353

$

346

Other components of net periodic benefit cost:

Interest cost

 

228

 

218

Expected return on plan assets

 

(410)

 

(369)

Amortization of prior service credit

 

(17)

 

(17)

Recognized net actuarial losses

 

 

5

Other components of net periodic benefit cost, included in other noninterest expense

(199)

(163)

Net periodic benefit cost

$

154

$

183