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RETIREMENT PLANS (Tables) | 12 Months Ended
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Dec. 31, 2016
Postemployment Benefits [Abstract] |
Schedule of Benefit Plan Funded Status | A measurement date of December 31 has been used for the fiscal years ended December 31, 2016 and 2015.
In thousands | 2016 |  | 2015
Change in benefit obligation: |  |  |
Benefit obligation at beginning of year | $ | 26,670 |  |  | $ | 27,165 |
Service cost | 795 |  |  | 881 |
Interest cost | 1,136 |  |  | 1,040 |
Change in assumptions | 1,059 |  |  | (1,438 | )
Benefits paid | (1,035 | ) |  | (978 | )
Benefit obligation at end of year | 28,625 |  |  | 26,670 |
Change in plan assets: |  |  |
Fair value of plan assets at beginning of year | 36,880 |  |  | 38,163 |
Actual return on plan assets | 2,870 |  |  | (305 | )
Employer contribution | — |  |  | — |
Benefits paid | (1,035 | ) |  | (978 | )
Fair value of plan assets at end of year | 38,715 |  |  | 36,880 |
Funded Status, included in other assets | $ | 10,090 |  |  | $ | 10,210 |
Amounts recognized in accumulated other comprehensive loss: |  |  |
Total net actuarial loss | $ | 8,859 |  |  | $ | 8,923 |
Prior service cost | — |  |  | 1 |
Total included in accumulated other comprehensive loss (pretax) | $ | 8,859 |  |  | $ | 8,924 |
Estimated Costs To Be Amortized From AOCI Into Net Periodic Pension Cost During The Next Fiscal Year | The estimated costs that will be amortized from accumulated other comprehensive loss into net periodic pension cost during the next fiscal year are as follows:
In thousands |
Net loss | $ | 677 |
Prior service cost | — |
| $ | 677 |
Components Of Net Periodic Benefit Costs (Income) | The components of net periodic benefit costs (income) related to the non-contributory, defined benefit pension plan for the years ended December 31 are as follows:
In thousands | 2016 |  | 2015 |  | 2014
Components of net periodic benefit cost (income): |  |  |  |  |
Service cost | $ | 795 |  |  | $ | 881 |  |  | $ | 689 |
Interest cost | 1,136 |  |  | 1,040 |  |  | 1,035 |
Expected return on plan assets | (2,429 | ) |  | (2,542 | ) |  | (2,311 | )
Recognized net actuarial loss | 682 |  |  | 481 |  |  | 21 |
Amortization of prior service cost | 1 |  |  | 24 |  |  | 40 |
Net Periodic Benefit Cost (Income) | 185 |  |  | (116 | ) |  | (526 | )
Net loss | 618 |  |  | 1,409 |  |  | 4,349 |
Amortization of net loss | (682 | ) |  | (481 | ) |  | (21 | )
Amortization of prior service cost | (1 | ) |  | (24 | ) |  | (40 | )
Total recognized in other comprehensive (income) loss | $ | (65 | ) |  | $ | 904 |  |  | $ | 4,288 |
Total recognized in net periodic benefit cost and other comprehensive loss | $ | 120 |  |  | $ | 788 |  |  | $ | 3,762 |
Assumptions Used To Determine The Benefit Obligation and Net Periodic Benefit Cost (Income) | For the years ended December 31, 2016, 2015 and 2014, the assumptions used to determine the benefit obligation are as follows:
| 2016 |  | 2015 |  | 2014
Discount rate | 4.05 | % |  | 4.35 | % |  | 3.90 | %
Rate of compensation increase | 3.50 | % |  | 3.50 | % |  | 3.75 | %
For the years ended December 31, 2016, 2015 and 2014, the assumptions used to determine the net periodic benefit cost (income) are as follows:
| 2016 |  | 2015 |  | 2014
Discount rate | 4.35 | % |  | 3.90 | % |  | 4.75 | %
Expected long-term rate of return on plan assets | 6.75 | % |  | 6.75 | % |  | 6.75 | %
Rate of compensation increase | 3.50 | % |  | 3.75 | % |  | 3.75 | %
Pension Plan Weighted-Average Assets' Allocations | The Corporation’s pension plan weighted-average assets’ allocations at December 31, 2016 and 2015, are as follows:
| 2016 |  | 2015
Equity securities | 48 | % |  | 48 | %
Debt securities | 46 | % |  | 47 | %
Short-term fixed income | — | % |  | — | %
Real estate | 6 | % |  | 5 | %
| 100 | % |  | 100 | %
Fair Value Measurements | Fair value measurements at December 31, 2016, are as follows:
In thousands | Total |  | Level 1 |  | Level 2 |  | Level 3
Equity securities | $ | 18,687 |  |  | $ | 2,175 |  |  | $ | 16,512 |  |  | $ | — |
Debt securities | 17,888 |  |  | — |  |  | 17,888 |  |  | — |
Real estate | 2,140 |  |  | — |  |  | 2,140 |  |  | — |
Fair value measurements at December 31, 2015, are as follows:
In thousands | Total |  | Level 1 |  | Level 2 |  | Level 3
Equity securities | $ | 17,618 |  |  | $ | 1,437 |  |  | $ | 16,181 |  |  | $ | — |
Debt securities | 17,463 |  |  | — |  |  | 17,463 |  |  | — |
Real estate | 1,799 |  |  | — |  |  | 1,799 |  |  | — |
Future Benefit Payments | Based on current data and assumptions, the following benefit payments, which reflect expected future service, as appropriate, are:
Years Ending | In thousands
2017 | $ | 1,220 |
2018 | 1,300 |
2019 | 1,400 |
2020 | 1,430 |
2021 | 1,630 |
2022 - 2026 | 8,910 |

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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e2439-114920 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e2417-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e2410-114920 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=73719040&loc=d3e4179-114921 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920 + Details
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