Leases (Tables)

3 Months Ended

Mar. 31, 2020

Additional Information about Operating Leases

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



(In Thousands)		Three Months Ended March 31,			Three Months Ended March 31,
		2020			2019
Lease Cost
	Operating lease cost⁽¹⁾		$695			$678
	Short term lease cost⁽¹⁾	9			9
	Total lease cost		$704			$687

Other information
	Operating leases - operating cash flows		$669			$682
	Weighted average lease term - operating leases, in years	10.80			11.22
	Weighted average discount rate - operating leases	3.33		%	3.31		%
⁽¹⁾	Expenses are classified within occupancy expense on the Consolidated Statements of Income.

Schedule of Undiscounted Cash Flows for Operating Lease Liabilities

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
2020 (Nine months)		$2,007
2021	2,581
2022	2,139
2023	1,850
2024	1,742
Thereafter	6,454
Total minimum lease payments		$16,773
Less: amount of lease payment representing interest	(3,088		)
Present value of future minimum lease payments		$13,685