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PENSION AND OTHER POST RETIREMENT BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2024

Retirement Benefits [Abstract]

Schedule of Plans' Funded Status and Amounts Recognized in the Balance Sheets

The table below sets forth the plans’ funded status and amounts recognized in the Consolidated Balance Sheets at December 31, using measurement dates of December 31, 2024 and 2023.

			2024						2023
Change in Benefit Obligation:
Benefit obligation at beginning of year			$	55,761					$	55,764
Interest cost			2,632						2,876
Actuarial (gain) loss			(2,678)						2,386
Benefits paid			(7,317)						(5,265)
Benefit obligation at end of year			$	48,398					$	55,761
Change in Plan Assets:
Fair value of plan assets at beginning of year			$	82,258					$	77,534
Actual return on plan assets			4,006						9,395
Employer contributions			588						594
Benefits paid			(7,317)						(5,265)
End of year			79,535						82,258
Funded status at end of year			$	31,137					$	26,497
Assets and Liabilities Recognized in the Balance Sheets:
Deferred tax asset			$	505					$	1,141
Assets			$	33,217					$	29,262
Liabilities			$	2,081					$	2,765

Schedule of Accumulated Benefit Obligation in Excess of Plan Assets

Information for pension plans with an accumulated benefit obligation in excess of plan assets consists solely of the non-qualified plans for certain employees, former employees and former non-employee directors, and is included in the table below.

			December 31, 2024						December 31, 2023
Projected benefit obligation			$	2,081					$	2,765
Accumulated benefit obligation			$	2,081					$	2,765
Fair value of plan assets			$	—					$	—

Schedule of Net Periodic Pension Costs

The following table shows the components of net periodic pension benefit cost:

			December 31, 2024						December 31, 2023						December 31, 2022
Interest cost			2,632						2,876						1,905
Expected return on plan assets			(4,133)						(3,887)						(4,544)
Amortization of prior service cost			49						87						87
Amortization of net loss			1						80						13
Net periodic pension benefit cost			$	(1,451)					$	(844)					$	(2,539)

Schedule of Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss)

Other changes in plan assets and benefit obligations recognized in other comprehensive income (loss):

			December 31, 2024						December 31, 2023						December 31, 2022
Net periodic pension benefit cost			$	(1,451)					$	(844)					$	(2,539)
Net gain (loss)			2,551						3,121						(1,797)
Amortization of net loss			49						80						13
Amortization of prior service cost			1						87						87
Total recognized in other comprehensive income (loss)			2,601						3,288						(1,697)
Total recognized in net periodic pension benefit cost and other comprehensive income (loss)			$	4,052					$	4,132					$	842

Schedule of Assumptions Used

Significant assumptions include:

			December 31, 2024						December 31, 2023						December 31, 2022
Weighted-average Assumptions Used to Determine Benefit Obligation:
Discount rate			5.60		%				5.10		%				5.40		%
Rate of compensation increase for accruing active participants			n/a						n/a						n/a
Weighted-average Assumptions Used to Determine Cost:
Discount rate			5.10		%				5.40		%				2.70		%
Expected return on plan assets			5.25		%				5.25		%				5.00		%
Rate of compensation increase for accruing active participants			n/a						n/a						n/a

At December 31, 2024 and 2023, the Corporation based its estimate of the expected long-term rate of return on analysis of the historical returns of the plans and current market information available.

Schedule of Expected Benefit Payments

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid as of December 31, 2024. The minimum contribution required in 2025 will likely be zero, but the Corporation may decide to make a discretionary contribution during the year.

2025			$	5,274
2026			5,110
2027			4,832
2028			4,663
2029			4,493
After 2029			18,420
			$	42,792

Schedule of Allocation of Plan Assets

Plan assets are re-balanced quarterly. At December 31, 2024 and 2023, plan assets by category are as follows:

			December 31, 2024												December 31, 2023
			Actual						Target						Actual						Target
Cash and cash equivalents			3.3		%				3.0		%				3.0		%				3.0		%
Equity securities			27.3						20.0						53.4						53.0
Debt securities			69.4						77.0						41.9						42.0
Alternative investments			—						—						1.7						2.0
			100.0		%				100.0		%				100.0		%				100.0		%

Following is a description of the valuation methodologies used for pension plan assets measured at fair value on a recurring basis, as well as the general classification of pension plan assets pursuant to the valuation hierarchy.

Where quoted market prices are available in an active market, plan assets are classified within Level 1 of the valuation hierarchy.  Level 1 plan assets total $69.2 million and $76.8 million as of December 31, 2024 and 2023, respectively, and include cash and cash equivalents, common stocks, mutual funds and corporate bonds and notes.  If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of plan assets with similar characteristics or discounted cash flows.  Level 2 plan assets total $10.3 million and $5.4 million as of December 31, 2024 and 2023, respectively, and include governmental agencies, taxable municipal bonds and notes, and certificates of deposit.  In certain cases where Level 1 or Level 2 inputs are not available, plan assets are classified within Level 3 of the hierarchy.  There are no assets classified within Level 3 of the hierarchy at December 31, 2024 and 2023.

									Fair Value Measurements Using
									Quoted Prices in Active Markets for Identical Assets						Significant Other Observable Inputs						Significant Unobservable Inputs
December 31, 2024			Fair Value						(Level 1)						(Level 2)						(Level 3)
Cash & Cash Equivalents			$	2,609					$	2,609					$	—					$	—
Corporate Bonds and Notes			29,206						29,206						—						—
Government Agency and Municipal Bonds and Notes			10,089						—						10,089						—
Certificates of Deposit			246						—						246						—
Party-in-Interest Investments
Common Stock			2,413						2,413						—						—
Mutual Funds and Exchange Traded Funds
Taxable Bond			15,648						15,648						—						—
Large Cap Equity			11,047						11,047						—						—
Mid Cap Equity			3,403						3,403						—						—
Small Cap Equity			1,275						1,275						—						—
International Equity			3,599						3,599						—						—
			$	79,535					$	69,200					$	10,335					$	—

									Fair Value Measurements Using
									Quoted Prices in Active Markets for Identical Assets						Significant Other Observable Inputs						Significant Unobservable Inputs
December 31, 2023			Fair Value						(Level 1)						(Level 2)						(Level 3)
Cash & Cash Equivalents			$	2,433					$	2,433					$	—					$	—
Corporate Bonds and Notes			17,224						17,224						—						—
Government Agency and Municipal Bonds and Notes			5,164						—						5,164						—
Certificates of Deposit			245						—						245						—
Party-in-Interest Investments
Common Stock			2,243						2,243						—						—
Mutual Funds and Exchange Traded Funds
Taxable Bond			11,834						11,834						—						—
Large Cap Equity			24,787						24,787						—						—
Mid Cap Equity			9,520						9,520						—						—
Small Cap Equity			4,900						4,900						—						—
International Equity			2,494						2,494						—						—
Specialty Alternative Equity			1,414						1,414						—						—
			$	82,258					$	76,849					$	5,409					$	—

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