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COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS (Tables)
6 Months Ended
Jun. 30, 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 
 June 30,
 
Six Months Ended 
 June 30,
 
 
2016
 
2015
 
2016
 
2015
Qualified Pension Plan
 
 
 
 
 
 
 
 
Service cost, benefits earned during the period
 
$
298

 
$
353

 
$
594

 
$
707

Interest cost on projected benefit obligation
 
470

 
457

 
940

 
914

Expected return on plan assets
 
(756
)
 
(824
)
 
(1,511
)
 
(1,647
)
Amortization of unrecognized transition obligation
 

 

 

 

Amortization of unrecognized prior service cost
 
2

 
3

 
4

 
5

Amortization of unrecognized net loss
 
383

 
369

 
767

 
737

Net periodic pension cost
 
$
397

 
$
358

 
$
794

 
$
716

 
 
 
 
 
 
 
 
 
Supplemental Pension Plan
 
 

 
 

 
 

 
 

Service cost, benefits earned during the period
 
$
10

 
$
11

 
$
21

 
$
22

Interest cost on projected benefit obligation
 
13

 
12

 
26

 
24

Expected return on plan assets
 

 

 

 

Amortization of unrecognized prior service cost
 

 

 

 

Amortization of unrecognized net loss
 
7

 
13

 
13

 
26

Net periodic supplemental pension cost
 
$
30

 
$
36

 
$
60

 
$
72

 
 
 
 
 
 
 
 
 
Postretirement Plan, Medical and Life
 
 

 
 

 
 

 
 

Service cost, benefits earned during the period
 
$
12

 
$
12

 
$
24

 
$
24

Interest cost on projected benefit obligation
 
18

 
16

 
35

 
32

Expected return on plan assets
 

 

 

 

Amortization of unrecognized prior service cost
 
(25
)
 
(24
)
 
(49
)
 
(48
)
Amortization of unrecognized net loss
 
6

 
2

 
12

 
4

Net periodic postretirement, medical and life cost
 
$
11

 
$
6

 
$
22

 
$
12