The Company leases certain premises and equipment under operating leases. As of June 30, 2022, the Company had right-of-use assets totaling $18.4 million and lease liabilities totaling $19.2 million. By comparison at June 30, 2021, the Company had right-of-use assets of totaling $17.1 million and lease liabilities of totaling $17.8 million.

As of June 30, 2022, the weighted average remaining lease term for operating leases was 7.25 years and the weighted average discount rate used in the measurement of operating lease liabilities was 2.53%. Total operating lease costs for the years ended June 30, 2022, 2021 and 2020 was $3.7 million, $3.8 million and $4.0 million, respectively.

There were no sale and leaseback transactions, leveraged leases or lease transactions with related parties during the year ended June 30, 2022. At June 30, 2022, the Company had no leases that had not yet commenced.

A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability at June 30, 2022 and 2021 is as follows:


	June 30,
	2022			2021
	(In Thousands)
Less than one year	$	3,614		$	3,604
After one year but within two years		3,187			2,998
After two years but within three years		2,905			2,372
After three years but within four years		2,817			1,917
After four years but within five years		2,707			1,759
Greater than five years		5,956			7,205
Total undiscounted cash flows		21,186			19,855
Less: discount on cash flows		(2,001	)		(2,028	)
Total lease liability	$	19,185		$	17,827