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RETIREMENT PLANS (Tables)
 12 Months Ended
Dec. 31, 2025
Postemployment Benefits [Abstract]  
Schedule of Benefit Plan Funded Status
The following table summarized the changes in the projected benefit obligation and fair value of plan assets for the plan years ended December 31:
(In thousands)20252024
Change in benefit obligation:  
Projected benefit obligation at beginning of year$30,042 $31,494 
Service cost363 428 
Interest cost1,595 1,494 
Actuarial loss (gain)262 (1,544)
Benefits paid(1,856)(1,830)
Projected benefit obligation at end of year30,406 30,042 
Change in plan assets, at fair value:  
Fair value of plan assets at beginning of year46,403 46,427 
Actual return on plan assets5,724 1,806 
Benefits paid(1,856)(1,830)
Fair value of plan assets at end of year50,271 46,403 
Funded status, included in other assets$19,865 $16,361 
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)
The amounts recognized in accumulated other comprehensive income are as follows for the years ended December 31:
(In thousands)202520242023
Total net actuarial loss (pre-tax)$1,815 $4,539 $5,120 
Assumptions Used To Determine The Benefit Obligation and Net Periodic Benefit Cost (Income)
The assumptions used to determine the benefit obligation are as follows for the years ended December 31:
20252024
Discount rate5.40 %5.50 %
Rate of compensation increase3.50 %3.50 %
The assumptions used to determine the net periodic benefit cost (income) are as follows for the years ended December 31:
202520242023
Discount rate5.50 %4.90 %5.10 %
Expected long-term rate of return on plan assets6.50 %6.75 %6.75 %
Rate of compensation increase3.50 %3.50 %3.50 %
Components Of Net Periodic Benefit Costs (Income)
The components of net periodic benefit cost (income) related to the non-contributory, defined benefit pension plan are as follows for the years ended December 31:
(In thousands)202520242023
Components of net periodic benefit cost (income):
  
Service cost$363 $428 $495 
Interest cost1,595 1,494 1,493 
Expected return on plan assets(2,737)(2,848)(2,653)
Recognized net actuarial loss— 78 392 
Net periodic benefit income(779)(848)(273)
Net gain(2,724)(503)(1,375)
Amortization of net loss— (78)(392)
Total recognized in other comprehensive income(2,724)(581)(1,767)
Total recognized in net periodic benefit (income) cost and other comprehensive income$(3,503)$(1,429)$(2,040)
Future Benefit Payments
For the year ended December 31, 2025 the mortality assumption was updated to reflect the most recently published mortality information. Estimated future benefit payments are as follows:
Year(In thousands)
2026$2,100 
20272,090 
20282,090 
20292,120 
20302,180 
2031-203511,060 
Pension Plan Weighted-Average Assets' Allocations
The Corporation’s pension plan weighted-average assets’ allocations are as follows at December 31:
20252024
Equity securities45 %42 %
Debt securities52 55 
Real estate3 3 
100 %100 %
Fair Value Measurements
Fair value measurements were as follows:
(In thousands)TotalLevel 1Level 2Level 3
December 31, 2025
Equity securities$22,601 $4,463 $18,138 $— 
Debt securities26,223 — 26,223 — 
Real estate1,447 — 1,447 — 
Total$50,271 $4,463 $45,808 $— 
December 31, 2024
Equity securities$19,286 $3,565 $15,721 $— 
Debt securities25,730 — 25,730 — 
Real estate1,387 — 1,387 — 
Total$46,403 $3,565 $42,838 $—