v3.25.4
EMPLOYEE BENEFIT PLANS (Tables)
 12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Schedule of Employer Contributions
The following table summarizes certain information regarding contributions made by the Company to the CRF:
(In thousands)ContributionsCompany contributions greater than 5% of total contributions received by the CRF?
Year Ended December 31,
2025$8,165 Yes
20247,634 Yes
20237,222 Yes
Schedule of Changes in Benefit Obligations and Plan Assets
The following table summarizes the plans’ benefit obligation, the changes in the plans’ benefit obligation, changes in plan assets and the plan’s funded status:
Year Ended December 31,
(In thousands)20252024
Change in benefit obligation:
Benefit obligation at beginning of year$2,111 $2,468 
Service cost— — 
Interest cost97 106 
Actuarial loss
109 1 
Benefits paid(452)(464)
Benefit obligation at end of year$1,865 $2,111 
Change in plan assets:
Employer contributions$452 $464 
Benefits paid(452)(464)
Plan assets at end of year$— $— 
Benefit obligation, included in other liabilities$1,865 $2,111 
Schedule of Amounts Recognized in Accumulated Other Comprehensive Income (Loss)

The following table presents before tax effected amounts recognized in accumulated other comprehensive income (loss) at December 31:
(In thousands)202520242023
Net actuarial loss$2,015 $2,100 $2,300 
Prior service credit(207)(236)(263)
Total amount recognized$1,808 $1,864 $2,037 
Schedule of Net Periodic Benefit Costs and Other Amounts Recognized in Other Comprehensive Income
The following table summarizes the components of net periodic benefit cost and other amounts recognized in other comprehensive income during the year:
(In thousands)202520242023
Components of net periodic benefit cost:
Service cost$— $— $— 
Interest cost97 106 132 
Prior service credit amortization(29)(29)(29)
Recognized actuarial loss193 203 225 
Net periodic benefit261 280 328 
Components of other amounts:
Net regular actuarial (gain) loss$108 $1 $(47)
Recognized actuarial loss(193)(202)(225)
Prior service credit amortization29 29 29 
Total recognized in other comprehensive income(56)(172)(243)
Total recognized in comprehensive income$205 $108 $85 
Schedule of Net Periodic Benefit Costs and Other Amounts Recognized in Other Comprehensive Income
The following table summarizes the components of net periodic benefit cost and other amounts recognized in other comprehensive income during the year:
(In thousands)202520242023
Components of net periodic benefit cost:
Service cost$— $— $— 
Interest cost97 106 132 
Prior service credit amortization(29)(29)(29)
Recognized actuarial loss193 203 225 
Net periodic benefit261 280 328 
Components of other amounts:
Net regular actuarial (gain) loss$108 $1 $(47)
Recognized actuarial loss(193)(202)(225)
Prior service credit amortization29 29 29 
Total recognized in other comprehensive income(56)(172)(243)
Total recognized in comprehensive income$205 $108 $85 
Assumptions Used to Measure Plans' Benefit Obligation and Net Periodic Benefit Expense
The following table summarizes certain weighted average assumptions used to measure the plans’ obligation at the end of the year as well as net periodic benefit expense during the year:
202520242023
Weighted average assumptions used to determine benefit obligations:
Discount rate4.69 %5.16 %4.76 %
Weighted average assumptions used to determine net periodic benefit cost:
Discount rate5.19 %4.76 %5.01 %
Schedule of Expected Benefit Payments
The following table presents the future estimated benefit payments for the next five years and thereafter as of December 31, 2025:
(In thousands)As of December 31, 2025
2026$309 
2027285 
2028255 
2029210 
2030191 
Thereafter671 
Total estimated future payments1,921 
Schedule of Stock Option Activity
A summary of the status of the Company’s options as of December 31, 2025 is as follows:
Number of OptionsWeighted Average Exercise PriceWeighted Average Remaining Contractual Term
Intrinsic Value
(in thousands)
Outstanding, January 1, 2025106,620 $13.56 2.0years
Granted— — —
Forfeited/ Expired(15,780)11.00 —
Exercised(90,840)14.01 —
Outstanding, December 31, 2025— — 0years$— 
Vested and Exercisable, December 31, 2025— $— 0years$— 
Schedule of Restricted Stock Unit Activity
A summary of the status of the Company’s time-based vesting RSUs as of December 31, 2025 is as follows:
SharesGrant Date Fair Value
Unvested, January 1, 2025297,817 $22.90 
Awarded182,481 32.90 
Forfeited/Expired(2,568)26.85 
Vested(163,299)22.78 
Unvested and Expected to Vest, December 31, 2025314,431 $28.74 
A summary of the status of the Company’s PRSUs as of December 31, 2025 is as follows:

SharesGrant Date Fair Value
Unvested, January 1, 2025242,240 $21.83 
Performance Addition25,418 8.84 
Awarded59,415 36.78 
Forfeited/Expired— — 
Vested(76,245)17.71 
Unvested and Expected to Vest, December 31, 2025250,828 $26.20 
A summary of the status of the Company’s DSUs as of December 31, 2025 is as follows:
SharesGrant Date Fair Value
Unvested, January 1, 2025— $— 
Deferred bonus 16,304 29.87 
Employer match 16,304 29.87 
Forfeited/Expired— — 
Vested(16,304)29.87 
Unvested and Expected to Vest, December 31, 202516,304 $29.87