v3.25.2
PREMISES AND EQUIPMENT (Tables)
6 Months Ended
Jun. 30, 2025
PREMISES AND EQUIPMENT  
Schedule of major classifications of premises and equipment, stated at cost

June 30, 

December 31, 

    

2025

    

2024

(In Thousands)

Land

$

39,406

$

39,340

Buildings and improvements

 

108,622

 

107,525

Furniture, fixtures and equipment

 

73,063

 

69,916

Operating leases right of use asset

 

5,886

 

6,390

 

226,977

 

223,171

Less: accumulated depreciation

 

92,640

 

90,705

 

$

134,337

$

132,466

Schedule of information about operating lease

    

June 30, 2025

    

December 31, 2024

(In Thousands)

Statement of Financial Condition

Operating leases right of use asset

$

5,886

$

6,390

Operating leases liability

$

6,091

$

6,621

    

For the Three Months Ended

June 30, 2025

    

June 30, 2024

(In Thousands)

Statement of Income

Operating lease costs classified as occupancy and equipment expense (includes short-term lease costs and amortization of right of use asset)

$

402

$

413

Supplemental Cash Flow Information

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

401

$

407

Right of use assets obtained in exchange for lease obligations:

Operating leases

$

358

$

339

For the Six Months Ended

    

June 30, 2025

    

June 30, 2024

    

(In Thousands)

Statement of Income

    

Operating lease costs classified as occupancy and equipment expense (includes short-term lease costs and amortization of right of use asset)

$

821

$

895

Supplemental Cash Flow Information

 

  

 

  

Cash paid for amounts included in the measurement of lease liabilities:

 

  

 

  

Operating cash flows from operating leases

$

816

$

869

Right of use assets obtained in exchange for lease obligations:

 

  

 

  

Operating leases

$

678

$

680

Schedule of future expected lease payments for leases with terms exceeding one year

At June 30, 2025, future expected lease payments for leases with terms exceeding one year were as follows (in thousands):

2025

    

$

655

2026

 

1,334

2027

 

1,285

2028

 

1,018

2029

 

663

2030

506

Thereafter

 

1,482

Future lease payments expected

 

6,943

Less: interest portion of lease payments

 

(852)

Lease liability

$

6,091