EMPLOYEE BENEFIT PLANS

3 Months Ended

Mar. 31, 2014

Compensation and Retirement Disclosure [Abstract]

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

The Company sponsors unfunded, non-qualified SERPs for certain officers and provides medical and life insurance to certain eligible retired employees. The components of net period benefit cost for the periods ended March 31, 2014 and 2013 were as follows:

Supplemental Executive Retirement Plan:

	Three Months Ended   March 31,
Net period benefit cost	2014		2013
Service cost	$	67	$	82
Interest cost	114		94
Recognized net actuarial loss	35		56
Recognized prior service cost	5		5
Net period benefit cost(1)	$	221	$	237

(1) Presented within the consolidated statements of income within salaries and employee benefits.

Other Postretirement Benefit Plan:

	Three Months Ended   March 31,
Net period benefit cost	2014		2013
Service cost	$	11	$	19
Interest cost	33		35
Recognized net actuarial loss	2		11
Net period benefit cost (1)	$	46	$	65

(1) Presented within the consolidated statements of income within salaries and employee benefits.

In the first quarter of 2014, the Company amended its terms of the postretirement plan impacting the eligibility of employees. The amendment to the plan does not have a material effect on the Company's consolidated financial statements.