EMPLOYEE BENEFIT PLANS (Tables) |
6 Months Ended |
|---|---|
Jun. 30, 2021 | |
| Defined Benefit Pension Plan [Member] | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Schedule of Net Benefit Costs |
Three Months Ended June 30,
Six Months Ended June 30,
(Dollars in Thousands)
2021
2020
2021
2020
Service Cost
$
1,743
$
1,457
$
3,486
$
2,914
Interest Cost
1,221
1,400
2,442
2,811
Expected Return on Plan Assets
(2,787)
(2,748)
(5,574)
(5,496)
Prior Service Cost Amortization
4
4
8
8
Net Loss Amortization
1,691
974
3,382
1,985
Settlement Loss
2,000
-
2,000
-
Special Termination
-
-
-
61
Net Periodic Benefit Cost
$
3,872
$
1,087
$
5,744
$
2,283
Discount Rate
2.88%
3.53%
2.88%
3.53%
Long-term Rate of Return on Assets
6.75%
7.00%
6.75%
7.00%
|
| Supplemental Executive Retirement Plan [Member] | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Schedule of Net Benefit Costs |
The components of the net periodic benefit cost for the Company's
Three Months Ended June 30,
Six Months Ended June 30,
(Dollars in Thousands)
2021
2020
2021
2020
Service Cost
$
9
$
10
$
18
$
10
Interest Cost
61
83
120
155
Prior Service Cost Amortization
69
109
88
109
Net Loss Amortization
243
71
441
318
Net Periodic Benefit Cost
$
382
$
273
$
667
$
592
Discount Rate
2.38%
3.16%
2.38%
3.16%
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|