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PENSION PLAN (Tables)
12 Months Ended
Dec. 31, 2020
PENSION PLAN [Abstract]  
Plan's Funded Status
The following table sets forth the plan’s funded status and amounts recognized in the consolidated financial statements:

  
Year Ended December 31,
 
  
2020
  
2019
 
CHANGES IN BENEFIT OBLIGATIONS:
      
Benefit obligation-beginning of year
 
$
22,832
  
$
21,105
 
Service cost
  
35
   
33
 
Interest cost
  
654
   
812
 
Actuarial loss
  
2,115
   
2,103
 
Benefits paid
  
(1,278
)
  
(1,221
)
Benefit obligation at end of year
  
24,358
   
22,832
 
         
CHANGE IN PLAN ASSETS:
        
Fair value of plan assets-beginning of year
  
18,817
   
16,835
 
Actual return on plan assets
  
2,567
   
3,203
 
Benefits paid
  
(1,278
)
  
(1,221
)
Fair value of plan assets-end of year
  
20,106
   
18,817
 
         
BENEFIT OBLIGATION IN EXCESS OF FAIR VALUE FUNDED STATUS:
 
$
(4,252
)
 
$
(4,015
)
Amounts Recognized in Consolidated Balance Sheets
Amounts recognized in the consolidated balance sheets consist of:

  
At December 31,
 
  
2020
  
2019
 
Noncurrent liabilities
 
$
(4,252
)
 
$
(4,015
)
Amounts Recognized in Accumulated Other Comprehensive Loss
Amounts recognized in accumulated other comprehensive loss consist of:

  
Year Ended December 31,
 
  
2020
  
2019
 
Accumulated loss
 
$
(5,655
)
 
$
(5,648
)
Deferred income taxes
  
2,367
   
2,366
 
Accumulated other comprehensive loss
 
$
(3,288
)
 
$
(3,282
)
Components of Net Periodic Cost for Plan
The following table provides the components of net periodic cost for the plan:

  
Year Ended December 31,
 
  
2020
  
2019
 
COMPONENTS OF NET PERIODIC BENEFIT COST
      
Service cost
 
$
35
  
$
33
 
Interest cost
  
654
   
812
 
Expected return on plan assets
  
(1,044
)
  
(1,011
)
Recognized net actuarial loss
  
585
   
691
 
Net periodic benefit cost
 
$
230
  
$
525
 
Plan Assets using Fair Value Hierarchy
The level in the fair value hierarchy within which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

  
Quoted Prices
in Active
Markets for
Identical Assets
  
Significant
Other
Observable
Inputs
  
Significant
Unobservable
Inputs
    
  
(Level 1)
  
(Level 2)
  
(Level 3)
  
Total
 
Equity securities
 
$
6,688
  
$
-
  
$
-
  
$
6,688
 
Fixed income
  
6,739
   
-
   
-
   
6,739
 
International equities
  
4,480
   
-
   
-
   
4,480
 
Real estate
  
1,016
   
-
   
-
   
1,016
 
Cash and equivalents
  
1,183
   
-
   
-
   
1,183
 
Balance at December 31, 2020
 
$
20,106
  
$
-
  
$
-
  
$
20,106
 

  
Quoted Prices
in Active
Markets for
Identical Assets
  
Significant
Other
Observable
Inputs
  
Significant
Unobservable
Inputs
    
  
(Level 1)
  
(Level 2)
  
(Level 3)
  
Total
 
Equity securities
 
$
6,259
  
$
-
  
$
-
  
$
6,259
 
Fixed income
  
6,313
   
-
   
-
   
6,313
 
International equities
  
4,165
   
-
   
-
   
4,165
 
Real estate
  
964
   
-
   
-
   
964
 
Cash and equivalents
  
1,116
   
-
   
-
   
1,116
 
Balance at December 31, 2019
 
$
18,817
  
$
-
  
$
-
  
$
18,817
 
Fair Value of Total Plan Assets by Major Asset Category
Fair value of total plan assets by major asset category as of December 31:

  
2020
  
2019
 
Equity securities
  
33
%
  
33
%
Fixed income
  
34
%
  
34
%
International equities
  
22
%
  
22
%
Real estate
  
5
%
  
5
%
Cash and equivalents
  
6
%
  
6
%
Total
  
100
%
  
100
%
Expected Benefit Payments for Plan
Information about the expected benefit payments for the plan is as follows:

Year Ending December 31,
   
2021
 
$
1,336
 
2022
  
1,356
 
2023
  
1,385
 
2024
  
1,401
 
2025
  
1,388
 
Years 2026-2030
  
6,743
 
Benefit Obligations [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Weighted Average Assumptions
Weighted-average assumptions used to determine benefit obligations as of December 31:

  
2020
  
2019
 
Discount rate
  
2.08
%
  
2.93
%
Rate of compensation increase
  
2.75
%
  
2.75
%
Periodic Pension Cost [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Weighted Average Assumptions
Weighted-average assumptions used to determine net periodic pension cost for years ended December 31:

  
2020
  
2019
 
Discount rate
  
2.08
%
  
2.93
%
Rate of compensation increase
  
2.75
%
  
2.75
%
Long-term rate of return
  
5.25
%
  
5.75
%