EMPLOYEE BENEFIT PLANS

3 Months Ended

Mar. 31, 2023

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 pension and postretirement benefit costs were as follows for the following periods:

Supplemental Executive Retirement Plan:

(In thousands)	Location on Consolidated Statements of Income	Three Months Ended March 31,
Net periodic pension cost		2023		2022
Service cost	Salaries and employee benefits	$	70	$	133
Interest cost	Other expenses	189		115
Recognized net actuarial loss	Other expenses	—		216
Total		$	259	$	464

Other Postretirement Benefit Plan:

(In thousands)	Location on Consolidated Statements of Income	Three Months Ended March 31,
Net periodic postretirement benefit cost		2023		2022
Service cost	Salaries and employee benefits	$	3	$	5
Interest cost	Other expenses	40		28
Recognized net actuarial (gain) loss	Other expenses	(1)		22
Amortization of prior service credit	Other expenses	(6)		(6)
Total		$	36	$	49