EMPLOYEE BENEFIT PLANS

6 Months Ended

Jun. 30, 2019

Retirement Benefits [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 periodic benefit cost for the periods ended June 30, 2019 and 2018, were as follows:

Supplemental Executive Retirement Plan:

(In thousands)		Three Months Ended June 30,				Six Months Ended June 30,
Net periodic pension cost	Income Statement Presentation	2019		2018		2019		2018
Service cost	Salaries and employee benefits	$	99	$	111	$	198	$	223
Interest cost	Other expenses	130		122		261		244
Recognized net actuarial loss	Other expenses	61		140		122		280
Total		$	290	$	373	$	581	$	747

Other Postretirement Benefit Plan:

(In thousands)		Three Months Ended June 30,						Six Months Ended June 30,
Net periodic postretirement benefit cost	Income Statement Presentation	2019			2018			2019			2018
Service cost	Salaries and employee benefits	$	12		$	11		$	24		$	23
Interest cost	Other expenses	37			33			74			66
Recognized net actuarial loss	Other expenses	6			14			12			27
Amortization of prior service credit	Other expenses	(6		)	(6		)	(12		)	(12		)
Total		$	49		$	52		$	98		$	104