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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2022
EMPLOYEE BENEFIT PLANS [Abstract]  
Schedule Of Changes In Projected Benefit Obligation And Changes In Plan Assets [Table Text Block]
December 31, 2022
December 31, 2021
(In thousands)
Changes in projected benefit obligation:
Projected benefit obligation at the beginning of period, defined benefit
 
pension
plans
$
97,867
$
108,253
Interest cost
2,614
2,473
Actuarial gain
(1)
(21,265)
(6,699)
Benefits paid
(5,708)
(6,160)
Projected benefit obligation at the end of period, pension plans
$
73,508
$
97,867
Projected benefit obligation, other postretirement benefit plan
182
195
Projected benefit obligation at the end of period
$
73,690
$
98,062
Changes in plan assets:
Fair value of plan assets at the beginning of period
$
103,487
$
105,963
Actual return on plan assets - (loss) gain
(20,590)
3,684
Benefits paid
(5,708)
(6,160)
Fair value of pension plan assets at the end of period
(2)
$
77,189
$
103,487
Net asset, pension plans
3,681
5,620
Net benefit obligation, other postretirement benefit plan
(182)
(195)
Net asset
$
3,499
$
5,425
(1)
Significant components of the Pension Plans’ actuarial gain that
 
changed the benefit obligation were mainly related to updates
 
in discount rates.
(2)
Other postretirement plan did not contain any assets as of
 
December 31, 2022 and 2021.
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
December
 
31, 2022
December 31, 2021
Period from
September 1, 2020
to December 31,
2020
(In thousands)
Net actuarial (loss) gain, pension plans
$
(3,483)
$
5,861
$
(404)
Net actuarial loss, other postretirement benefit plan
(35)
(2)
(28)
Amortization of net loss
3
1
-
Net amount recognized
$
(3,515)
$
5,860
$
(432)
Schedule of Net Benefit Costs [Table Text Block]
Affected Line Item
Period from
 
in the Consolidated
September 1, 2020 to
Statements of Income
December 31, 2022
December 31, 2021
December 31, 2020
(In thousands)
Net periodic benefit, pension plans:
Interest cost
Other expenses
$
2,614
$
2,473
$
900
Expected return on plan assets
Other expenses
(4,158)
(4,523)
(2,062)
Net periodic benefit, pension plans
(1,544)
(2,050)
(1,162)
Net periodic cost, postretirement plan
Other expenses
8
6
2
Net periodic benefit
$
(1,536)
$
(2,044)
$
(1,160)
Period from
 
September 1, 2020 to
December 31, 2022
December 31, 2021
December 31, 2020
Discount rate
2.77%
2.36%
2.53%
Expected return on plan assets
4.43%
5.99%
5.98%
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
The following table presents the changes in pre-tax accumulated other comprehensive
 
income (loss) of the Pension Plans and
Postretirement Benefit Plan as of December 31, 2022, 2021, and 2020:
December 31, 2022
December 31, 2021
Period from
September 1, 2020
 
to
 
December 31, 2020
(In thousands)
Accumulated other comprehensive income (loss) at beginning of period,
 
pension plans
$
5,457
$
(404)
$
-
Net (loss) gain
(3,483)
5,861
(404)
Accumulated other comprehensive income (loss) at end of period, pension
 
plans
1,974
5,457
(404)
Accumulated other comprehensive loss at end of period,
 
postretirement plan
(61)
(29)
(28)
Accumulated other comprehensive income (loss) at end of period
$
1,913
$
5,428
$
(432)
Defined Benefit Plan, Plan with Projected Benefit Obligation in Excess of Plan Assets [Table Text Block]
The following
 
table presents
 
information
 
for
 
the plans
 
with a
 
projected
 
benefit obligation
 
and accumulated
 
benefit obligation
 
in
excess of plan assets for the years ended December 31, 2022 and 2021:
December 31, 2022
December 31, 2021
(In thousands)
Projected benefit obligation
$
48,501
$
195
Accumulated benefit obligation
48,501
195
Fair value of plan assets
$
46,398
$
-
Schedule of Allocation of Plan Assets [Table Text Block]
The Pension Plans asset allocations as of December 31, 2022 and 2021 by asset category
 
are as follows:
December 31, 2022
December 31, 2021
Asset category
Investment in funds
97%
98%
Other
3%
2%
100%
100%
Schedule of Expected Benefit Payments [Table Text Block]
Amount
(Dollars in thousands)
2023
$
6,436
2024
6,292
2025
5,985
2026
5,999
2027
5,860
2028 through 2031
27,411
$
57,983