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COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS (Tables)
3 Months Ended
Mar. 31, 2016
Compensation and Retirement Disclosure [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 (in thousands):
 
 
Three Months Ended 
 March 31,
 
 
2016
 
2015
Qualified Pension Plan
 
 
 
 
Service cost, benefits earned during the period
 
$
296

 
$
354

Interest cost on projected benefit obligation
 
470

 
457

Expected return on plan assets
 
(755
)
 
(823
)
Amortization of unrecognized transition obligation
 

 

Amortization of unrecognized prior service cost
 
2

 
2

Amortization of unrecognized net loss
 
384

 
368

Net periodic pension cost
 
$
397

 
$
358

 
 
 
 
 
Supplemental Pension Plan
 
 

 
 

Service cost, benefits earned during the period
 
$
11

 
$
11

Interest cost on projected benefit obligation
 
13

 
12

Expected return on plan assets
 

 

Amortization of unrecognized prior service cost
 

 

Amortization of unrecognized net loss
 
6

 
13

Net periodic supplemental pension cost
 
$
30

 
$
36

 
 
 
 
 
Postretirement Plan, Medical and Life
 
 

 
 

Service cost, benefits earned during the period
 
$
12

 
$
12

Interest cost on projected benefit obligation
 
17

 
16

Expected return on plan assets
 

 

Amortization of unrecognized prior service cost
 
(24
)
 
(24
)
Amortization of unrecognized net loss
 
6

 
2

Net periodic postretirement, medical and life cost
 
$
11

 
$
6