Leases (Tables)

6 Months Ended

Jun. 30, 2021

Leases [Abstract]

Schedule Of Operating And Finance Lease Liabilities

Leases	Classification	June 30, 2021		December 31, 2020
Assets:
Operating lease assets	Operating lease assets	$	17,858	$	18,407
Finance lease assets	Premises and equipment, net (1)	393		429
Total leased assets		$	18,251	$	18,836
Liabilities:
Operating lease liabilities	Operating lease liabilities	$	19,014	$	19,449
Finance lease liabilities	Accrued interest payable and other liabilities	510		550
Total leased liabilities		$	19,524	$	19,999

(1) Finance lease assets are recorded net of accumulated amortization of $823 as of June 30, 2021 and $787 as of December 31, 2020.

Schedule Of Lease Cost

The components of the Corporation's net lease expense for the three and six months ended June 30, 2021 and 2020, respectively, were as follows:

		Three months ended June 30,				Six months ended June 30,
Lease Cost	Classification	2021		2020		2021		2020
Operating lease cost	Net occupancy expense	$	437	$	459	$	877	$	914
Variable lease cost	Net occupancy expense	18		17		35		41
Finance lease cost:
Amortization of leased assets	Net occupancy expense	18		18		36		36
Interest on lease liabilities	Interest expense - borrowed funds	6		7		12		14
Sublease income (1)	Net occupancy expense	(19)		(21)		(38)		(42)
Net lease cost		$	460	$	480	$	922	$	963

(1) Sublease income excludes rental income from owned properties.

Other information related to the Corporation's lease liabilities as of June 30, 2021 and 2020 was as follows:

Other Information	June 30, 2021		June 30, 2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	452	$	462

Finance Lease, Liability, Maturity

The following table sets forth future minimum rental payments under noncancellable leases with terms in excess of one year as of June 30, 2021:

Maturity of Lease Liabilities as of June 30, 2021	Operating Leases (1)		Finance Leases		Total
2021	$	796	$	52	$	848
2022	1,661		105		1,766
2023	1,550		105		1,655
2024	1,515		105		1,620
2025	1,505		105		1,610
After 2025	19,281		105		19,386
Total lease payments	26,308		577		26,885
Less: Interest	7,294		67		7,361
Present value of lease liabilities	$	19,014	$	510	$	19,524

(1) Operating lease payments include payments related to options to extend lease terms that are reasonably certain of being exercised and exclude $7,709 of legally binding minimum lease payments for leases signed, but not yet commenced.

Lessee, Operating Lease, Liability, Maturity

The following table sets forth future minimum rental payments under noncancellable leases with terms in excess of one year as of June 30, 2021:

Maturity of Lease Liabilities as of June 30, 2021	Operating Leases (1)		Finance Leases		Total
2021	$	796	$	52	$	848
2022	1,661		105		1,766
2023	1,550		105		1,655
2024	1,515		105		1,620
2025	1,505		105		1,610
After 2025	19,281		105		19,386
Total lease payments	26,308		577		26,885
Less: Interest	7,294		67		7,361
Present value of lease liabilities	$	19,014	$	510	$	19,524

(1) Operating lease payments include payments related to options to extend lease terms that are reasonably certain of being exercised and exclude $7,709 of legally binding minimum lease payments for leases signed, but not yet commenced.

Schedule of Weighted Average Lease Term and Discount Rate

Lease terms and discount rates related to the Corporation's lease liabilities as of June 30, 2021 and December 31, 2020 were as follows:

Lease Term and Discount Rate	June 30, 2021		December 31, 2020
Weighted-average remaining lease term (years)
Operating leases	18.7		19.0
Finance leases	5.5		6.0
Weighted-average discount rate
Operating leases	3.47	%	3.46	%
Finance leases	4.49	%	4.49	%