XML 39 R28.htm IDEA: XBRL DOCUMENT v3.20.2
Leases (Tables)
9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Additional Information about Operating Leases The following table presents additional information about the Company's operating leases:
Three Months Ended September 30,Three Months Ended September 30,Nine Months Ended September 30,Nine Months Ended September 30,
(In Thousands)2020201920202019
Lease Cost
Operating lease cost(1)
$710 $675 $2,111 $2,030 
Short term lease cost(1)
26 26 
Total lease cost$719 $684 $2,137 $2,056 
Other information
Operating leases - operating cash flows $2,012 $2,015 
Weighted average lease term - operating leases, in years10.8511.11
Weighted average discount rate - operating leases3.30 %3.33 %
(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 (Three months)$678 
20212,594 
20222,189 
20231,902 
20241,795 
Thereafter6,607 
Total minimum lease payments$15,765 
Less: amount of lease payment representing interest(2,884)
Present value of future minimum lease payments$12,881