The Company's lease commitments consist primarily of agreements to lease land and office facilities that it occupies to operate several of its retail branch locations that are classified as operating leases and are recognized on the balance sheet as right-of-use (“ROU”) assets and lease liabilities. As of June 30, 2025, the Company has operating lease ROU assets of $7.0 million and operating lease liabilities of $7.1 million. As of December 31, 2024, the Company had operating lease ROU assets of $7.5 million and operating lease liabilities of $7.5 million. The Company did not have any agreements that are classified as finance leases as of June 30, 2025 or December 31, 2024.


		Three Months Ended June 30,		Six Months Ended June 30,
(In Thousands)		2025	2024	2025		2024
Lease Cost
	Operating lease cost(1)	$761	$745	$1,469		$1,482
	Short term lease cost(1)	78	13	164		51
	Total lease cost	$839	$758	$1,633		$1,533

Other information
	Operating leases - operating cash flows			$1,371		$1,373
	Weighted average lease term - operating leases, in years			11.88		10.67
	Weighted average discount rate - operating leases			3.78	%	3.62	%
(1)	Expenses are classified within occupancy expense on the Consolidated Statements of Income.

The table below reconciles the remaining undiscounted cash flows for the next five years for each twelve-month period presented (unless otherwise indicated) and the total of the subsequent remaining years to the operating lease liabilities recorded on the balance sheet:


(In Thousands)			Operating Leases
2025 (Six months)			$1,329
2026			1,498
2027			1,028
2028			731
2029			553
Thereafter			3,753
Total minimum lease payments			$8,892
Less: amount of lease payment representing interest			(1,815)
Present value of future minimum lease payments			$7,077