Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Components of Operating Leases

The cost components of our operating leases follows:

	Three Months Ended March 31,
	2021		2020
	(In thousands)
Operating lease cost	$	423	$	486
Variable lease cost		16		15
Short-term lease cost		14		7
Total	$	453	$	508

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to our operating leases follows:

	March 31, 2021			December 31, 2020
	(Dollars in thousands)
Lease right of use asset (1)	$	7,268		$	7,646
Lease liabilities (2)	$	7,478		$	7,868
Weighted average remaining lease term (years)		7.00			7.12
Weighted average discount rate		2.4	%		2.4	%

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

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

Maturity Analysis of Lease Liabilities

Maturity analysis of our lease liabilities at March 31, 2021 based on required contractual payments follows:

	(In thousands)
Nine months ending December 31, 2021	$	1,230
2022		1,489
2023		1,222
2024		815
2025		809
2026 and thereafter		2,529
Total lease payments		8,094
Less imputed interest		(616	)
Total	$	7,478