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Lease Commitments (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Summary of Information Associated with Obligations Under Leases

The following table presents information associated with our obligations under leases for the year ended December 31, 2021.

 

 

 

2021

 

 

2020

 

Weighted-average remaining term (years)

 

 

12.9

 

 

 

6.1

 

Weighted-average discount rate

 

 

4.9

%

 

 

2.4

%

Summary of Lessee, Operating Lease, Liability, Maturity

The following table presents the undiscounted cash flows due related to operating leases as of December 31, 2021:

 

(In Thousands)

 

Amount

 

 2022

 

$

403

 

 2023

 

 

409

 

 2024

 

 

426

 

 2025

 

 

434

 

2026 and thereafter

 

 

4,424

 

Total Undiscounted Cash Flows

 

$

6,096

 

Discount on Cash Flows

 

 

(1,416

)

Total lease liabilities

 

$

4,680