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COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS (Tables)
6 Months Ended
Jun. 30, 2018
Retirement Benefits [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,
 
 
2018
 
2017
 
2018
 
2017
Qualified Pension Plan
 
 
 
 
 
 
 
 
Service cost, benefits earned during the period
 
$

 
$

 
$

 
$

Interest cost on projected benefit obligation
 
384

 
403

 
769

 
806

Expected return on plan assets
 
(826
)
 
(785
)
 
(1,652
)
 
(1,570
)
Amortization of unrecognized transition obligation
 

 

 

 

Amortization of unrecognized prior service cost
 

 

 

 

Amortization of unrecognized net loss
 
44

 
58

 
87

 
116

Net periodic pension benefit
 
$
(398
)
 
$
(324
)
 
$
(796
)
 
$
(648
)
 
 
 
 
 
 
 
 
 
Supplemental Pension Plan
 
 

 
 

 
 

 
 

Service cost, benefits earned during the period
 
$

 
$

 
$

 
$

Interest cost on projected benefit obligation
 
12

 
12

 
24

 
24

Expected return on plan assets
 

 

 

 

Amortization of unrecognized prior service cost
 

 

 

 

Amortization of unrecognized net loss
 
2

 
1

 
4

 
2

Net periodic supplemental pension cost
 
$
14

 
$
13

 
$
28

 
$
26

 
 
 
 
 
 
 
 
 
Postretirement Plan, Medical and Life
 
 

 
 

 
 

 
 

Service cost, benefits earned during the period
 
$

 
$

 
$

 
$

Interest cost on projected benefit obligation
 
4

 
4

 
7

 
8

Expected return on plan assets
 

 

 

 

Amortization of unrecognized prior service cost
 
(55
)
 
(55
)
 
(110
)
 
(110
)
Amortization of unrecognized net loss
 
27

 
29

 
55

 
58

Net periodic postretirement, medical and life benefit
 
$
(24
)
 
$
(22
)
 
$
(48
)
 
$
(44
)