EMPLOYEE BENEFIT PLANS

3 Months Ended

Mar. 31, 2017

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, 2017 and 2016 were as follows:

Supplemental Executive Retirement Plan:

	Three Months Ended   March 31,
Net periodic benefit cost	2017		2016
Service cost	$	84	$	77
Interest cost	113		108
Recognized net actuarial loss	62		55
Recognized prior service cost	—		2
Net period benefit cost(1)	$	259	$	242

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

Other Postretirement Benefit Plan:

	Three Months Ended March 31,
Net periodic benefit cost	2017			2016
Service cost	$	13		$	15
Interest cost	36			38
Recognized net actuarial loss	10			8
Amortization of prior service credit	(6		)	(6		)
Net period benefit cost(1)	$	53		$	55

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