LEASES (Tables)

12 Months Ended

Dec. 31, 2020

LEASES [Abstract]

Components of Operating Leases

The cost components of our operating leases follows:

	2020		2019
	(In thousands)
Operating lease cost	$	1,780	$	2,217
Variable lease cost		69		142
Short-term lease cost		36		19
Total	$	1,885	$	2,378

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to our operating leases follows:

	2020			2019
	(In thousands)
Lease right of use asset (1)	$	7,646		$	8,282
Lease liabilities (2)	$	7,868		$	8,304
Weighted average remaining lease term (years)		7.12			7.47
Weighted average discount rate		2.4	%		2.8	%

(1) Included in Accrued income and other assets in our Consolidated Statements of Financial Condition.

(2) Included in Accrued expenses and other liabilities in our Consolidated Statements of  Financial Condition.

Maturity Analysis of Lease Liabilities

Maturity analysis of our lease liabilities at December 31, 2020 based on required contractual payments follows:

	(In thousands)
2021	$	1,669
2022		1,489
2023		1,222
2024		815
2025		809
2026 and thereafter		2,525
Total lease payments		8,529
Less imputed interest		(661	)
Total	$	7,868