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Retirement Plans
12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Retirement Plans

Note 14 -- Retirement Plans

The Company has a defined contribution retirement plan which covers substantially all employees, which for 2024, provided a Company matching contribution of up to 100% of the first 3% and 50% of the next 2% of pre-tax contributions made by each participant. Employee contributions are limited to the 402(g) limit of compensation. The total expense for the plan amounted to $4.8 million, $4.0 million and $3.9 million in 2024, 2023, and 2022, respectively. The Company also has an agreement in place to pay $50,000 annually for 20 years from the retirement date to a senior officer that retired December 31, 2013. Total expense under this agreement amounted to $22,000, $24,000 and $24,000 in 2024, 2023, and 2022 respectively. The current liability recorded for this agreement was $366,000 and $368,000, as of December 31, 2024 and 2023, respectively.