XML 34 R24.htm IDEA: XBRL DOCUMENT v3.22.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Additional Information about Operating Leases The following table presents additional information about the Company's operating leases:
Three Months Ended March 31,
(In Thousands)20222021
Lease Cost
Operating lease cost(1)
$681 $695 
Short term lease cost(1)
12 9 
Total lease cost$693 $704 
Other information
Operating leases - operating cash flows $644 $669 
Weighted average lease term - operating leases, in years10.6610.74
Weighted average discount rate - operating leases3.23 %3.29 %
(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
2022 (Nine months)$1,858 
20232,109 
20241,961 
20251,858 
2026721 
Thereafter4,266 
Total minimum lease payments$12,773 
Less: amount of lease payment representing interest(2,371)
Present value of future minimum lease payments$10,402