EMPLOYEE BENEFITS (Tables)

3 Months Ended

Mar. 31, 2015

EMPLOYEE BENEFITS

Components of net periodic benefit cost/(recovery)

	Three Months Ended March 31,
	Pension Benefits						SERP Benefits
(In thousands)	2015			2014			2015		2014
Service cost	$	280		$	224		$	42	$	33
Interest cost	174			158			22		22
Expected return on plan assets	(453		)	(402		)	—		—
Amortization of net loss	93			7			8		—
Amortization of unrecognized prior service cost	(20		)	(20		)	—		—
Amortization of unrecognized transition obligation	—			—			7		7
Net periodic benefit cost/(recovery)	$	74		$	(33	)	$	79	$	62