Leases

9 Months Ended

Sep. 30, 2025

Leases [Abstract]

Leases

Leases

    The Company's lease commitments consist primarily of agreements to lease land and office facilities that it occupies to operate several of its retail branch locations that are classified as operating leases and are recognized on the balance sheet as right-of-use (“ROU”) assets and lease liabilities. As of September 30, 2025, the Company has operating lease ROU assets of $6.5 million and operating lease liabilities of $6.6 million. As of December 31, 2024, the Company had operating lease ROU assets of $7.5 million and operating lease liabilities of $7.5 million. The Company did not have any agreements that are classified as finance leases as of September 30, 2025 or December 31, 2024.

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

		Three Months Ended September 30,		Nine Months Ended September 30,
(In Thousands)		2025	2024	2025		2024
Lease Cost
	Operating lease cost(1)	$795	$743	$2,264		$2,225
	Short term lease cost(1)	42	23	206		74
	Total lease cost	$837	$766	$2,470		$2,299
Other information
	Operating leases - operating cash flows			$2,052		$2,076
	Weighted average lease term - operating leases, in years			12.40		11.07
	Weighted average discount rate - operating leases			3.83	%	3.63	%
(1)	Expenses are classified within occupancy expense on the Consolidated Statements of Income.

    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
2025 (Three months)	$675
2026	1,545
2027	1,059
2028	731
2029	553
Thereafter	3,755
Total minimum lease payments	$8,318
Less: amount of lease payment representing interest	(1,759)
Present value of future minimum lease payments	$6,559