RETIREMENT AND POSTRETIREMENT PLANS (Tables)

3 Months Ended

Mar. 31, 2020

RETIREMENT AND POSTRETIREMENT PLANS [Abstract]

Net Periodic Costs

The components of net periodic costs are included in other non-interest expense in the Consolidated Statements of Income.  Net expenses associated with these plans were comprised of the following components:

	Three Months Ended March 31,
	2020						2019
	BMP, Employee and Outside Director Retirement Plans			Postretirement Plan			BMP, Employee and Outside Director Retirement Plans			Postretirement Plan
Service cost	$	—		$	—		$	—		$	—
Interest cost		241			10			313			14
Expected return on assets		(428	)		—			(382	)		—
Unrecognized past service liability		—			(2	)		—			(2	)
Amortization of unrealized loss (gain)		274			—			243			(3	)
Net periodic cost	$	87		$	8		$	174		$	$9

Planned Contributions and Actual Contributions to, or Benefit Payments

The following table presents the Company’s planned contributions to, or benefit payments on behalf of each benefit plan as disclosed in its consolidated financial statements for the year ended December 31, 2019, as well as the actual contributions to, or benefit payments on behalf of each benefit plan during the period indicated:

	Planned Contributions/Benefit Payments for the Year Ended December 31, 2020		Actual Contributions/Benefit Payments for the Three Months Ended March 31, 2020
Employee Retirement Plan	$	58	$	—
Outside Director Retirement Plan		263		56
Post Retirement Plan		109		38
BMP		569		137