LEASES (Tables)

3 Months Ended

Mar. 31, 2023

LEASES [Abstract]

Balance Sheet Components of Leases

The balance sheet components of the Company’s leases are as follows (in thousands):

	March 31, 2023		December 31, 2022
Operating lease right of use assets (included in Other assets)	$	7,871	$	7,938
Operating lease liabilities (included in Accrued expenses and other liabilities)		8,829		8,897

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases is as follows (in thousands):

	Three Months Ended March 31,
	2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	503	$	—
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases	$	318	$	—

Maturities of Operating Lease Liabilities

Future undiscounted lease payments at March 31, 2023, under operating lease agreements, are presented below (in thousands).

2023	$	1,443
2024		1,501
2025		1,102
2026		1,101
2027		1,063
Thereafter		5,050
Total minimum lease payments		11,260
Less: Amount representing interest		(2,431	)
Lease liabilities	$	8,829