OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2022

OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES

Schedule of undiscounted future minimum operating lease payments

	September 30, 2022
	(in thousands)
2022	$	815
2023		3,162
2024		2,817
2025		2,509
2026		2,461
Thereafter		21,515
Total lease payments		33,279
Imputed interest		(5,885)
Total present value of operating lease liabilities	$	27,394

Schedule of weighted-average discount rate and remaining lease term

	September 30, 2022		December 31, 2021
Weighted-average discount rate	1.97	%	1.94	%
Weighted-average remaining lease term (years)	16.42		16.77

Schedule of components of total lease expense

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
	(in thousands)
Lease Expense:
Operating lease expense	$	836	$	742	$	2,472	$	2,032
Short-term lease expense		37		52		105		122
Variable lease expense		—		2		—		21
Sublease income		(4)		—		(9)		—
Total lease expense	$	869	$	796	$	2,568	$	2,175
Other Information
Cash paid for amounts included in the measurement of lease liabilities-
operating cash flows for operating leases		845		751		2,446		2,108
Operating Lease - Operating cash flows (Liability reduction)		701		624		2,041		1,745
Right-of-use assets obtained in exchange for new operating lease liabilities		77		276		1,160		27,267