EMPLOYEE BENEFITS (Tables)

3 Months Ended

Mar. 31, 2016

EMPLOYEE BENEFITS

Components of net periodic benefit cost and other amounts recognized in Other Comprehensive Income

	Three Months Ended March 31,
	Pension Benefits						SERP Benefits
(In thousands)	2016			2015			2016		2015
Service cost	$	291		$	280		$	44	$	42
Interest cost		196			174			26		22
Expected return on plan assets		(455	)		(453	)		-		-
Amortization of net loss		99			93			7		8
Amortization of unrecognized prior service cost		(19	)		(20	)		-		-
Amortization of unrecognized transition obligation		-			-			7		7
Net periodic benefit cost/(recovery)	$	112		$	74		$	84	$	79