v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Additional Information about Operating Leases The following table presents additional information about the Company's operating leases for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
(In Thousands)2025202420252024
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 years11.8810.67
Weighted average discount rate - operating leases3.78 %3.62 %
(1)
Expenses are classified within occupancy expense on the Consolidated Statements of Income.
Schedule of Undiscounted Cash Flows for Operating Lease Liabilities 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 
20261,498 
20271,028 
2028731 
2029553 
Thereafter3,753 
Total minimum lease payments$8,892 
Less: amount of lease payment representing interest(1,815)
Present value of future minimum lease payments$7,077