EMPLOYEE BENEFIT PLANS

9 Months Ended

Sep. 30, 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 September 30, 2017 and 2016 were as follows:

Supplemental Executive Retirement Plan:

	Three Months Ended   September 30,				Nine Months Ended   September 30,
Net periodic benefit cost	2017		2016		2017		2016
Service cost	$	84	$	77	$	252	$	231
Interest cost	113		108		339		324
Recognized net actuarial loss	61		55		185		165
Recognized prior service cost	—		2		—		6
Net period benefit cost(1)	$	258	$	242	$	776	$	726

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

Other Postretirement Benefit Plan:

	Three Months Ended   September 30,						Nine Months Ended   September 30,
Net periodic benefit cost	2017			2016			2017			2016
Service cost	$	13		$	15		$	39		$	45
Interest cost	36			38			108			114
Recognized net actuarial loss	10			8			30			24
Amortization of prior service credit	(6		)	(6		)	(18		)	(18		)
Net period benefit cost(1)	$	53		$	55		$	159		$	165

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