EMPLOYEE RETIREMENT PLANS (Tables)

12 Months Ended

Dec. 31, 2025

EMPLOYEE RETIREMENT PLANS

Schedule of pension plan weighted average assets allocation

	Plan Assets at December 31,
	2025		2024
Asset Category:
Equity Securities	57	%	59	%
Fixed Income Securities	36	%	31	%
Other	7	%	10	%
Total	100	%	100	%

Schedule of funded status of pension plans

	Defined Benefit Pension Plan				Supplemental Pension Plan
	2025		2024		2025		2024
Discount rate for determining funded status	5.45	%	5.65	%	5.41	%	5.65	%

Schedule of change in benefit obligation and plan assets

	Defined Benefit Pension Plan				Supplemental Pension Plan
	2025		2024		2025		2024
	(Dollars in thousands)
Change in projected benefit obligation
Projected benefit obligation, beginning of year	$	38,493	$	40,411	$	10,940	$	11,609
Service cost		196		427		—		—
Interest cost		1,905		1,995		572		561
Actuarial (gain) loss		(831)		(1,592)		168		(885)
Benefits paid		(2,765)		(2,748)		(346)		(345)
Projected benefit obligation, end of year	$	36,998	$	38,493	$	11,334	$	10,940
Change in plan assets
Fair value of plan assets, beginning of year	$	39,017	$	38,041	$	—	$	—
Actual return on plan assets		4,199		4,151		—		—
Administrative expenses		(196)		(427)		—		—
Contributions		—		—		346		345
Benefits paid		(2,765)		(2,748)		(346)		(345)
Fair value of plan assets, end of year	$	40,255	$	39,017	$	—	$	—
Funded status of plan	$	3,257	$	524	$	(11,334)	$	(10,940)
Amounts recognized in the consolidated balance sheets consist of:
Other assets	$	3,257	$	—	$	—	$	—
Accrued liabilities - other		—		—		(547)		(528)
Long-term pension liability		—		524		(10,787)		(10,412)
Net amount recognized	$	3,257	$	524	$	(11,334)	$	(10,940)
Amounts recognized in accumulated other comprehensive loss consist of:
Accumulated loss, net of income tax benefit of $1,381, $2,012, $223, and $179, respectively	$	3,931	$	5,729	$	634	$	510
Prior service cost, net of income tax benefit of $0, $0, $3 and $8, respectively		—		—		9		24
Net amount recognized	$	3,931	$	5,729	$	643	$	534

Schedule of net periodic pension cost

	Defined Benefit Pension Plan				Supplemental Pension Plan
	2025		2024		2025		2024
Discount rate for projected benefit obligation	5.65	%	5.15	%	5.65	%	5.16	%
Discount rate for determining interest cost	5.34	%	5.08	%	5.39	%	5.08	%
Long-term rate of return on plan assets	6.75	%	6.75	%	—		—

Schedule of company's pension expense

	2025		2024
	(Dollars in thousands)
Service cost	$	196	$	427
Interest cost		2,477		2,556
Expected return on plan assets		(2,530)		(2,437)
Net amortization and deferral		148		416
Pension expense	$	291	$	962

Schedule of projected benefit payments for the plans

Projected benefit payments for the plans at December 31, 2025, were estimated as follows:

	Defined Benefit		Supplemental
	Pension Plan		Pension Plan
	(Dollars in thousands)
2026	$	2,922	$	548
2027	$	3,004	$	646
2028	$	3,037	$	897
2029	$	2,991	$	923
2030	$	2,994	$	965
2031 - 2035	$	13,584	$	4,714

Schedule of fair value hierarchy

	December 31, 2025
	Quoted Prices		Significant		Significant
	in Active Markets		Observable Inputs		Unobservable Inputs
	Level 1		Level 2		Level 3		Total
	(Dollars in thousands)
Common stocks	$	16,270	$	-	$	-	$	16,270
Preferred stocks		204		-		-		204
Exchange traded funds		6,619		-		-		6,619
Corporate obligations		-		3,517		-		3,517
Pooled fixed income funds		10,298		-		-		10,298
U.S. government securities		-		588		-		588
Cash and cash equivalents		2,725		-		-		2,725
Total	$	36,116	$	4,105	$	-	$	40,221
Other assets (1)								34
Total							$	40,255

(1) ^{This category represents trust receivables that are not leveled.}

	December 31, 2024
	Quoted Prices		Significant		Significant
	in Active Markets		Observable Inputs		Unobservable Inputs
	Level 1		Level 2		Level 3		Total
	(Dollars in thousands)
Common stocks	$	16,838	$	—	$	—	$	16,838
Preferred stocks		205		—		—		205
Exchange traded funds		5,883		—		—		5,883
Corporate obligations		—		3,875		—		3,875
Pooled fixed income funds		7,610		—		—		7,610
U.S. government securities		—		663		—		663
Cash and cash equivalents		3,943		—		—		3,943
Total	$	34,479	$	4,538	$	—	$	39,017