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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Schedule of Retirement Plan's Funded Status
The Retirement Plan’s funded status and amounts recognized in the Company’s consolidated financial statements for the Retirement Plan as of and for the years ended December 31, 2024 and 2023 are as follows (in thousands):
 20242023
Change in benefit obligation:  
Projected benefit obligation—beginning of year$15,569 $17,240 
Interest cost767 809 
Benefits paid(1,564)(1,151)
Actuarial gain(523)(1,329)
Projected benefit obligation—end of year$14,249 $15,569 
Change in plan assets:  
Fair value of plan assets—beginning of year$15,045 $15,661 
Actual gain on plan assets2,112 449 
Employer contributions— 86 
Benefits paid(1,564)(1,151)
Fair value of plan assets—end of year$15,593 $15,045 
Funded status$1,344 $(524)
Amounts recognized in the consolidated balance sheet—asset (liability)$1,344 $(524)
Amounts recognized in accumulated other comprehensive loss—net actuarial loss$(1,881)$(3,799)
Schedule of Components of Net Period Benefit and Other Amounts Recognized in AOCI
The components of net periodic cost (benefit) and other amounts recognized in accumulated other comprehensive loss for the years ended December 31, 2024, 2023 and 2022, are as follows (in thousands):
 202420232022
Net periodic cost (benefit):  
Interest cost$767 $809 $544 
Expected return on plan assets(916)(889)(1,044)
Amortization of net actuarial loss198 162 255 
Net periodic cost (benefit)49 82 (245)
Adjustment to accumulated other comprehensive loss:   
Net actuarial (gain) loss(1,720)(889)1,929 
Amortization of net actuarial loss(198)(162)(255)
Total adjustment to accumulated other comprehensive loss(1,918)(1,051)1,674 
Total recognized in net periodic cost (benefit) and accumulated other comprehensive loss$(1,869)$(969)$1,429 
Schedule of Weighted-Average Assumptions
The weighted-average assumptions used to determine benefit obligations as of December 31, 2024 and 2023 were as follows:
 20242023
Discount rate5.10%5.40%
Rate of compensation increaseN/AN/A
The weighted-average assumptions used to determine net periodic expense for the years ended December 31, 2024, 2023 and 2022, were as follows:
 202420232022
Discount rate5.40%5.00%2.75%
Rate of compensation increaseN/AN/AN/A
Expected long-term return on plan assets6.20%6.21%5.32%
Schedule of Retirement Plan's Assets at Fair Value
The Retirement Plan’s assets at fair value as of December 31, 2024 and 2023, are as follows (in thousands):
Asset Category20242023
Pooled and/or collective funds:  
Equity funds:
  
Large cap
$1,798 $2,785 
Mid cap
740 1,113 
Small cap
451 500 
International
682 838 
Fixed-income funds—U.S. bonds and short term
11,922 9,809 
Total$15,593 $15,045 
Schedule of Future Benefit Payments
The Company’s funding policy is to contribute amounts sufficient to meet minimum requirements but not more than the maximum tax-deductible amount. The Company does not expect to have a minimum required contribution in 2025 and expects future benefit payments to be paid as follows (in thousands):    
2025$1,552 
20262,112 
20271,173 
20281,784 
2029989 
2030-20344,556 
 $12,166