PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS (Tables)

6 Months Ended

Jun. 30, 2023

Retirement Benefits [Abstract]

Schedule of Defined Benefit Plans Disclosures

The following table presents the components of net periodic benefit cost for the SERPs for the periods indicated:

	Three Months Ended June 30,				Six Months Ended June 30,
(dollars in thousands)	2023		2022		2023		2022
Interest cost	$	112	$	75	$	224	$	150
Amortization of net actuarial (gain) loss	(19)		21		(38)		42
Amortization of net transition obligation	2		4		4		8
Net periodic benefit cost	$	95	$	100	$	190	$	200

The following table presents the components of net periodic benefit cost for the defined benefit retirement plan for the periods indicated:

	Three Months Ended June 30,				Six Months Ended June 30,
(dollars in thousands)	2023		2022		2023		2022
Interest cost	$	—	$	212	$	—	$	212
Expected return on plan assets	—		(195)		—		(207)
Amortization of net actuarial loss	—		112		—		224
Settlement	—		4,884		—		4,884
Net periodic benefit cost	$	—	$	5,013	$	—	$	5,113