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EMPLOYEE BENEFIT PLANS (Tables)
 9 Months Ended
Sep. 30, 2019
Retirement Benefits [Abstract]  
Employee Benefit Plan Amounts Recognized in the Consolidated Balance Sheets and Consolidated Statements of Income
As a result of the plan’s actuarial projections, First Financial recorded expense as set forth in the following table. The amounts are recognized in First Financial’s Consolidated Statements of Income related to the Company's pension plan.
 
 
Three months ended
 
Nine months ended
 
 
September 30,
 
September 30,
(Dollars in thousands)
 
2019
 
2018
 
2019
 
2018
Service cost
 
$
1,649

 
$
1,736

 
$
4,944

 
$
4,766

Interest cost
 
694

 
601

 
2,083

 
1,792

Expected return on assets
 
(2,429
)
 
(2,450
)
 
(7,288
)
 
(7,360
)
Amortization of prior service cost
 
(104
)
 
(104
)
 
(310
)
 
(310
)
Net actuarial loss
 
451

 
556

 
1,352

 
1,633

     Net periodic benefit cost (income)
 
$
261

 
$
339

 
$
781

 
$
521