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EMPLOYEE BENEFIT PLANS (Tables)
3 Months Ended
Mar. 31, 2025
EMPLOYEE BENEFIT PLANS  
Schedule of shares held by the ESOP

As of March 31,

    

2025

    

2024

Allocated

270,692

254,580

Committed to be allocated

12,729

12,729

Unallocated

700,100

751,016

 Total shares

983,521

1,018,325

Pension plan  
EMPLOYEE BENEFIT PLANS  
Summary of net periodic cost included in the Company's consolidated statements of income

Net periodic pension (income) cost included the following components (dollars in thousands):

For the Three Months Ended

March 31,

    

2025

    

2024

Service cost

$

301

$

230

Interest cost

 

570

 

379

Expected return on plan assets

 

(854)

 

(533)

Amortization of net actuarial gain

(118)

Net periodic pension (income) cost

$

(101)

$

76

Post-retirement benefit plan  
EMPLOYEE BENEFIT PLANS  
Summary of net periodic cost included in the Company's consolidated statements of income

Net periodic post-retirement benefit cost included the following components (dollars in thousands):

For the Three Months Ended

March 31,

    

2025

    

2024

Service cost

$

4

$

6

Interest cost

 

16

 

19

Amortization of net actuarial gain

(19)

(10)

Net periodic post-retirement benefit cost

$

1

$

15