SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (Tables)

9 Months Ended

Sep. 30, 2013

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

Schedule of weighted average assumptions used to determine benefit obligation and net benefit cost

	2013		2012
Discount rate	3.25	%	3.90	%
Average rate of increase in compensation	3.00	%	3.00	%

Summary of change in benefit obligation

(In thousands)
Net benefit cost accrued at December 31, 2012	$	22,377
Service cost	735
Interest cost	519
Payments	(1,246		)
Net benefit cost accrued at September 30, 2013	$	22,385

(In thousands)
Net benefit cost accrued at December 31, 2011	$	20,230
Service cost	690
Interest cost	570
Payments	(705		)
Net benefit cost accrued at September 30, 2012	$	20,785