COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS (Tables)

9 Months Ended

Sep. 30, 2014

COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS [Abstract]

Components of net periodic benefit costs

The components of net periodic expense for the Corporation's pension and other benefit plans for the periods indicated are as follows (dollars in thousands):

	Nine Months Ended						Three Months Ended
	September 30, 2014			September 30, 2013			September 30, 2014			September 30, 2013
Qualified Pension
Service cost, benefits earned during the period	$	813		$	1,048		$	271		$	349
Interest cost on projected benefit obligation		1,305			1,226			435			409
Expected return on plan assets		(2,379	)		(2,181	)		(793	)		(727	)
Amortization of unrecognized prior service cost		6			10			2			3
Amortization of unrecognized net loss		480			1,172			160			391
Net periodic pension expense	$	225		$	1,275		$	75		$	425
Supplemental Pension
Service cost, benefits earned during the period	$	30		$	30		$	10		$	10
Interest cost on projected benefit obligation		40			36			14			12
Amortization of unrecognized net loss		19			26			9			9
Net periodic supplemental pension expense	$	89		$	92		$	33		$	31
Postretirement, Medical and Life
Service cost, benefits earned during the period	$	33		$	36		$	11		$	12
Interest cost on projected benefit obligation		54			48			18			16
Amortization of unrecognized prior service cost		(72	)		(73	)		(24	)		(24	)
Amortization of unrecognized net loss		-			4			-			1
Net periodic postretirement, medical and life expense	$	15		$	15		$	5		$	5