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Leases (Tables)
3 Months Ended
Mar. 31, 2023
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)20232022
Lease Cost
Operating lease cost(1)
$699 $681 
Short term lease cost(1)
33 12 
Total lease cost$732 $693 
Other information
Operating leases - operating cash flows $651 $644 
Weighted average lease term - operating leases, in years10.5510.66
Weighted average discount rate - operating leases3.39 %3.23 %
(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
2023 (Nine months)$1,921 
20242,274 
20251,995 
2026861 
2027500 
Thereafter4,137 
Total minimum lease payments$11,688 
Less: amount of lease payment representing interest(2,222)
Present value of future minimum lease payments$9,466