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EMPLOYEE BENEFIT PLANS (Tables)
3 Months Ended
Mar. 31, 2020
Retirement Benefits [Abstract]  
Employee Benefit Plan Amounts Recognized in the Consolidated Balance Sheets and Consolidated Statements of Income
As a result of the plan’s actuarial projections, First Financial recorded expense as set forth in the following table. The amounts are recognized in First Financial’s Consolidated Statements of Income related to the Company's pension plan.
 
 
Three months ended
 
 
March 31,
(Dollars in thousands)
 
2020
 
2019
Service cost
 
$
1,850

 
$
1,750

Interest cost
 
600

 
700

Expected return on assets
 
(2,475
)
 
(2,450
)
Amortization of prior service cost
 
(100
)
 
(100
)
Net actuarial loss
 
525

 
475

     Net periodic benefit cost (income)
 
$
400

 
$
375