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COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS (Tables)
3 Months Ended
Mar. 31, 2017
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,
 
 
2017
 
2016
Qualified Pension Plan
 
 
 
 
Service cost, benefits earned during the period
 
$

 
$
296

Interest cost on projected benefit obligation
 
403

 
470

Expected return on plan assets
 
(785
)
 
(755
)
Amortization of unrecognized transition obligation
 

 

Amortization of unrecognized prior service cost
 

 
2

Amortization of unrecognized net loss
 
58

 
384

Net periodic pension cost
 
$
(324
)
 
$
397

 
 
 
 
 
Supplemental Pension Plan
 
 

 
 

Service cost, benefits earned during the period
 
$

 
$
11

Interest cost on projected benefit obligation
 
12

 
13

Expected return on plan assets
 

 

Amortization of unrecognized prior service cost
 

 

Amortization of unrecognized net loss
 
1

 
6

Net periodic supplemental pension cost
 
$
13

 
$
30

 
 
 
 
 
Postretirement Plan, Medical and Life
 
 

 
 

Service cost, benefits earned during the period
 
$

 
$
12

Interest cost on projected benefit obligation
 
4

 
17

Expected return on plan assets
 

 

Amortization of unrecognized prior service cost
 
(55
)
 
(24
)
Amortization of unrecognized net loss
 
29

 
6

Net periodic postretirement, medical and life cost
 
$
(22
)
 
$
11