LEASES (Tables)

12 Months Ended

Dec. 31, 2024

LEASES [Abstract]

Balance Sheet Components of Leases

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

	December 31, 2024		December 31, 2023
Operating lease right of use assets (included in Other assets)	$	7,968	$	8,681
Operating lease liabilities (included in Accrued expenses and other liabilities)		8,906		9,630

Supplemental Cash Flow Information Related to Leases

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

	Year Ended December 31,
	2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used in operating leases	$	1,906	$	2,004
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases	$	636	$	2,515

Maturities of Operating Lease Liabilities

Future undiscounted lease payments at December 31, 2024, under operating lease agreements, are presented below (in thousands).

2025	$	1,637
2026		1,558
2027		1,435
2028		1,276
2029		1,107
Thereafter		4,499
Total minimum lease payments		11,512
Less: Amount representing interest		(2,606	)
Lease liabilities	$	8,906