Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2024

Deferred Compensation Arrangement with Individual, Share-Based Payments [Line Items]

Components of Company Plan Benefit Expense

The following table summarizes key information related to the Company’s defined benefit pension plans. The table illustrates the reconciliation of the beginning and ending balances of the benefit obligation showing the effects during the periods presented attributable to service cost, interest cost, plan amendments, termination benefits, actuarial gains and losses. The assumptions used in the Company’s calculation of accrued pension costs are based on market information and the Company’s historical rates for employment compensation and discount rates. The vested benefit obligation is determined as the actuarial present value of the vested benefits to which the employee is currently entitled to but based on the employee's expected date of separation or retirement.

	December 31, 2024			December 31, 2023
Accumulated Benefit Obligation, End of Year	$	24,007		$	23,882
Change in Projected Benefit Obligation
Projected Benefit Obligation, Beginning of Year	$	27,790		$	26,207
Service Cost		653			745
Interest Cost		1,365			1,345
Actuarial (Gain) Loss		(1,772	)		421
Benefits Paid		(1,009	)		(928	)
Projected Benefit Obligation, End of Year	$	27,027		$	27,790
Change in Plan Assets
Plan Assets at Fair Value, Beginning of Year	$	—		$	—
Company Contributions		1,009			928
Benefits Paid		(1,009	)		(928	)
Plan Assets at Fair Value, End of Year	$	—		$	—
Unfunded Status of the Plan	$	(27,027	)	$	(27,790	)
Amounts Recognized in Accumulated Other Comprehensive Income
Net Loss		(1,921	)		(90	)
Total Pension Cost	$	(1,921	)	$	(90	)

Components of Net Periodic Benefit Cost

	2024			2023
Components of Net Periodic Benefit Cost
Service Cost	$	653		$	745
Interest Cost		1,365			1,345
Amortization of:
Net Loss		59			-
Net Periodic Pension Cost	$	2,077		$	2,090
Weighted Average Assumptions for Expense
Discount Rate		5.70	%		5.00	%
Expected Return on Plan Assets	N/A			N/A
Rate of Compensation Increase		4.44	%		4.40	%

Benefit Payments Representing the Company's Obligations to Fomer CEO and Employees

The benefit payments reflected in the table below represent the Company’s obligations to employees that are eligible for retirement or have already retired and are receiving deferred compensation benefits:

Fiscal Year	Pension Benefits
	(In thousands)
2025	$	1,279
2026		1,491
2027		1,703
2028		1,867
2029		2,069
Thereafter		18,618
	$	27,027

George C. Zoley

Deferred Compensation Arrangement with Individual, Share-Based Payments [Line Items]

Benefit Payments Representing the Company's Obligations to Fomer CEO and Employees

The following table presents the balance due to the Executive Chairman at the end of the next five years under the Amended and Restated Executive Retirement Agreement provided that the Executive Chairman is still providing services to the Company under his Executive Chairman Employment Agreement:

Period End	Retirement Obligation
	(In thousands)
12/31/2025	$	16,336
12/31/2026	$	20,856
12/31/2027	$	26,351
12/31/2028	$	33,029
12/31/2029	$	41,147