EMPLOYEE BENEFITS (Tables)

6 Months Ended

Jun. 30, 2017

EMPLOYEE BENEFITS

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

	Three Months Ended June 30,										Six Months Ended June 30,
	Pension Benefits						SERP Benefits				Pension Benefits						SERP Benefits
(In thousands)	2017			2016			2017		2016		2017			2016			2017		2016
Service cost	$	293		$	286		$	52	$	44	$	585		$	577		$	105	$	88
Interest cost		185			201			26		26		370			397			52		52
Expected return on plan assets		(520	)		(510	)		-		-		(1,040	)		(965	)		-		-
Amortization of net loss		112			104			13		7		225			203			26		14
Amortization of prior service credit		(19	)		(19	)		-		-		(38	)		(38	)		-		-
Amortization of transition obligation		-			-			7		7		-			-			14		14
Net periodic benefit cost	$	51		$	62		$	98	$	84	$	102		$	174		$	197	$	168