EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2025

EMPLOYEE BENEFIT PLANS

Schedule of pension plan asset allocation

(in thousands)	Target Allocation		Percentage of Plan Assets at Year - End 2025		Percentage of Plan Assets at Year - End 2024
Asset Category
Equity:
Large-cap	10.00	%	10.80	%	12.90	%
Mid-cap	2.50		2.60		2.70
Small-cap	2.50		2.40		2.70
International	5.00		5.50		4.90
Fixed income funds:
Long duration	78.00		76.80		75.60
Cash equivalents - money market	2.00		1.90		1.20
Total	100.00	%	100.00	%	100.00	%

Pension Plans

EMPLOYEE BENEFIT PLANS

Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan

(in thousands)	2025		2024
Change in projected benefit obligation:
Projected benefit obligation at beginning of year	$	5,993	$	6,365
Service cost		—		—
Interest cost		325		310
Actuarial (loss)/gain		(30)		(340)
Benefits paid		(354)		(338)
Settlements		(146)		(4)
Projected benefit obligation at end of year		5,788		5,993
Change in fair value of plan assets:
Fair value of plan assets at beginning of year		8,971		9,349
Actual return/(loss) on plan assets		634		(36)
Benefits paid		(354)		(338)
Settlements		(146)		(4)
Fair value of plan assets at end of year		9,105		8,971
Overfunded status	$	(3,317)	$	(2,978)
Amounts recognized in consolidated balance sheets:
Other assets	$	3,317	$	2,978

Schedule of Net Benefit Costs

(in thousands)	2025		2024
Interest cost	$	325	$	310
Expected return on plan assets		(352)		(367)
Unrecognized loss		58		35
Net periodic pension cost/(benefit)	$	31	$	(22)

Amounts recognized in comprehensive income for the years ended December 31, 2025 and 2024 included:

(in thousands)	2025		2024
Net actuarial (gain) loss	$	(58)	$	62
Recognized loss		(312)		(35)
Net period pension benefit cost/(credit)		31		(22)
Total recognized (gain)/loss in comprehensive income	$	(339)	$	5

Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)

(in thousands)	2025		2024
Beginning of the year Accumulated other comprehensive loss	$	1,336	$	1,309
Net actuarial (gain) loss		(58)		62
Recognized loss		(312)		(35)
Prior service cost		—		—
Amounts Recognized in accumulated other comprehensive loss/(gain) (pre-tax)	$	(370)	$	27
Ending Accumulated other comprehensive loss	$	966	$	1,336

Schedule of Assumptions Used

	2025		2024		2023
Projected benefit obligation
Discount rate	5.37	%	5.58	%	5.00	%
Net periodic pension cost
Discount rate	5.58	%	5.00	%	5.23	%
Long-term rate of return on plan assets	4.00		4.00		4.00

Schedule of Allocation of Plan Assets

	2025
(in thousands)	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)
Asset Category
Equity mutual funds:
Large-cap	$	708	$	708	$	—
Mid-cap		208		208		—
Small-cap		197		197		—
International		446		446		—
Fixed income funds:
Fixed-income - core plus		—		—		—
Intermediate duration		—		—		—
Long duration		6,253		6,253		—
Common stock		701		701		—
Common/collective trusts - large-cap		180		—		180
Cash equivalents - money market		412		412		—
Total	$	9,105	$	8,925	$	180

	2024
(in thousands)	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)
Equity mutual funds:
Large-cap	$	839	$	839	$	—
Mid-cap		221		221		—
Small-cap		213		213		—
International		396		396		—
Fixed income funds:
Long duration		6,093		6,093		—
Common stock		691		691		—
Common/collective trusts - large-cap		200		—		200
Cash equivalents - money market		318		318		—
Total	$	8,971	$	8,771	$	200

Schedule of Expected Benefit Payments

(in thousands)	Payments
2026	$	392
2027		397
2028		411
2029		417
2030		420
2031-2035		2,192
Total	$	4,229

Non-qualified Supplemental Executive Retirement Plan

EMPLOYEE BENEFIT PLANS

Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan

(in thousands)	2025		2024
Change in benefit obligation:
Projected benefit obligation at beginning of year	$	1,759	$	1,925
Service cost		—		—
Interest cost		85		87
Actuarial (gain) loss		49		7
Benefits paid		(231)		(260)
Projected benefit obligation at end of year	$	1,662	$	1,759
Change in fair value of plan assets:
Fair value of plan assets at beginning of year	$	—	$	—
Actual return on plan assets		—		—
Contributions by employer		231		260
Benefits paid		(231)		(260)
Fair value of plan assets at end of year	$	—	$	—
Underfunded status	$	1,662	$	1,759
Amounts recognized in consolidated balance sheets
Other liabilities	$	1,662	$	1,759

Schedule of Net Benefit Costs

(in thousands)	2025		2024
Interest cost	$	85	$	87
Expected return on plan assets		—		—
Amortization of unrecognized actuarial loss		10		10
Contractual termination benefits		(23)		—
Net periodic benefit cost	$	72	$	97

Amounts recognized in other comprehensive income for the years ended December 31, 2025 and 2024 included:

(in thousands)	2025		2024
Net actuarial loss	$	49	$	8
Amortization of unrecognized actuarial loss		(10)		(10)
Contractual termination benefits		23		—
Total recognized Loss/(gain) in other comprehensive Income	$	62	$	(2)

Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)

(in thousands)	2025		2024
Accumulated other comprehensive loss at beginning of the year (pre-tax)	$	229	$	231
Actuarial loss		49		8
Amortization of actuarial loss		(10)		(10)
Contractual termination benefits		23		—
Total recognized loss/(gain) in other comprehensive Income	$	62	$	(2)
Accumulated other comprehensive loss at end of year (pre-tax)	$	291	$	229

Schedule of Assumptions Used

	2025		2024		2023
Discount rate beginning of year	5.15	%	4.72	%	4.92	%
Discount rate end of year	4.44		5.15		4.72

Schedule of Expected Benefit Payments

(in thousands)	Payments
2026	$	221
2027		221
2028		221
2029		221
2030		221
2031-2036		922
Total	$	2,027