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EMPLOYEE BENEFIT PLANS
9 Months Ended
Sep. 30, 2013
Employee Benefit Plans [Abstract]  
EMPLOYEE BENEFIT PLANS
NOTE 6. EMPLOYEE BENEFIT PLANS
 
Components of net periodic benefit cost:
 
 
 
Nine Months Ended September 30,
 
 
 
Pension Benefits
 
SERP Benefits
 
 
 
2013
 
2012
 
2013
 
2012
 
Interest cost
 
$
87
 
$
95
 
$
34
 
$
38
 
Expected return on plan assets
 
 
(90)
 
 
(102)
 
 
(56)
 
 
(56)
 
Recognized net actuarial (gain) loss
 
 
113
 
 
102
 
 
70
 
 
62
 
Net pension expense (benefit)
 
$
110
 
$
95
 
$
48
 
$
44
 
 
 
 
Three Months Ended September 30,
 
 
 
Pension Benefits
 
SERP Benefits
 
 
 
2013
 
2012
 
2013
 
2012
 
Interest cost
 
$
29
 
$
31
 
$
11
 
$
12
 
Expected return on plan assets
 
 
(30)
 
 
(34)
 
 
(19)
 
 
(18)
 
Recognized net actuarial (gain) loss
 
 
38
 
 
35
 
 
24
 
 
20
 
Net pension expense (benefit)
 
$
37
 
$
32
 
$
16
 
$
14
 
 
                The Company previously disclosed in its financial statements for the year ended December 31, 2012 that it expected to contribute $211,000 to its pension plan and $80,000 to its Supplemental Executive Retirement Plan (“SERP”) in 2013.  The Company has contributed $160,000 to its pension plan and $80,000 to its SERP as of September 30, 2013.  The Company does not expect to make any additional contributions to its pension or SERP during the remainder of 2013.