Lease Commitments (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Summary of Right-of-Use Assets and Lease Liabilities

Right-of-use assets and lease liabilities by lease type are as follows:

(In Thousands)	December 31, 2024		December 31, 2023
Right-of-Use Asset
Operating leases	$	14,039	$	14,527
Finance leases		874		970
Total Right-of-Use Asset	$	14,913	$	15,497
Lease Liabilities
Operating leases	$	14,412	$	15,006
Finance leases		1,254		1,355
Total lease liabilities	$	15,666	$	16,361

Summary of Total Lease Cost

The components of total lease cost were as follows.

(In Thousands)	December 31, 2024		December 31, 2023
Finance lease cost
Right-of-Use amortization	$	88		7
Interest expense		34		3
Operating lease cost		2,334		1,358
Total lease cost	$	2,456	$	1,368

Summary of Information Associated with Obligations Under Leases

The following table presents information associated with our obligations under leases for the years ended December 31, 2024 and 2023:

	2024			2023
Finance lease weighted-average remaining term (years)		9.92			10.92
Finance lease weighted-average discount rate		2.59	%		2.59	%
Operating lease weighted-average remaining term (years)		9.01			9.72
Operating lease weighted-average discount rate		4.74	%		4.15	%

Summary of Lessee, Operating and Finance Lease, Liability, Maturity

The following table presents the undiscounted cash flows due related to operating and finance leases as of December 31, 2024:

(In Thousands)	Operating Leases			Finance Leases
2025	$	2,053		$	138
2026		2,026			138
2027		1,982			138
2028		1,841			138
2029 and thereafter		10,100			886
Total Undiscounted Cash Flows	$	18,002		$	1,438
Discount on Cash Flows		(3,590	)		(184	)
Total lease liabilities	$	14,412		$	1,254