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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Additional Information about Operating Leases The following table presents additional information about the Company's operating leases:
(In Thousands)20232022
Lease Cost
Operating lease cost(1)
$2,818 $2,737 
Short term lease cost(1)
143 37 
Total lease cost$2,961 $2,774 
Other information
Operating leases - operating cash flows$2,628 $2,545 
Weighted average lease term - operating leases, in years10.4110.52
Weighted average discount rate - operating leases3.55 %3.30 %
(1)Expenses are classified within occupancy expense on the Consolidated Statements of Income.
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 and the total of the subsequent remaining years to the operating lease liabilities recorded on the balance sheet:
(In Thousands)Operating Leases
2024$2,637 
20252,285 
20261,130 
2027731 
2028543 
Thereafter3,876 
Total minimum lease payments$11,202 
Less: amount of lease payment representing interest(2,110)
Present value of future minimum lease payments$9,092