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EMPLOYEE BENEFIT PLANS
9 Months Ended
Sep. 30, 2019
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS
EMPLOYEE BENEFIT PLANS
 
The Company sponsors unfunded, non-qualified SERPs for certain officers and provides medical and life insurance to certain eligible retired employees. 
The components of net periodic benefit cost for the periods ended September 30, 2019 and 2018, were as follows:

Supplemental Executive Retirement Plan:
(In thousands)
 
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
Net periodic pension cost
 
Income Statement Presentation
 
2019
 
2018
 
2019
 
2018
Service cost
 
Salaries and employee benefits
 
$
98

 
$
112

 
$
296

 
$
335

Interest cost
 
Other expenses
 
131

 
122

 
392

 
366

Recognized net actuarial loss
 
Other expenses
 
61

 
140

 
183

 
420

Total
 
 
 
$
290

 
$
374

 
$
871

 
$
1,121



Other Postretirement Benefit Plan:
(In thousands)
 
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
Net periodic postretirement benefit cost
 
Income Statement Presentation
 
2019
 
2018
 
2019
 
2018
Service cost
 
Salaries and employee benefits
 
$
12

 
$
12

 
$
36

 
$
35

Interest cost
 
Other expenses
 
37

 
33

 
111

 
99

Recognized net actuarial loss
 
Other expenses
 
7

 
12

 
19

 
39

Amortization of prior service credit
 
Other expenses
 
(6
)
 
(6
)
 
(18
)
 
(18
)
Total
 
 
 
$
50

 
$
51

 
$
148

 
$
155