Leases (Tables)

3 Months Ended

Mar. 31, 2019

The following table presents additional information about the Company's operating leases:



(In Thousands)		Three Months Ended March 31,
		2019
Lease Cost
	Operating lease cost⁽¹⁾		$678
	Short term lease cost⁽¹⁾	9
	Total lease cost		$687

Other information
	Operating leases - operating cash flows		$682
	Weighted average lease term - operating leases	11.22 years
	Weighted average discount rate - operating leases	3.31		%
⁽¹⁾	Expenses are classified within occupancy expense on the Consolidated Statements of Income.

Lessee, Operating Lease, Liability, Maturity

The table below reconciles the remaining undiscounted cash flows for the next five years for each twelve-month period presented (unless otherwise indicated) and the total of the subsequent remaining years to the operating lease liabilities recorded on the balance sheet:



(In Thousands)	Operating Leases
2019 (Nine months)		$2,003
2020	2,532
2021	2,439
2022	1,998
2023	1,775
Thereafter	8,131
Total minimum lease payments		$18,878
Less: amount of lease payment representing interest	(3,520		)
Present value of future minimum lease payments		$15,358