v3.26.1
Leases (Tables)
3 Months Ended
Mar. 31, 2026
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 March 31,
(In Thousands)20262025
Lease Cost
Operating lease cost(1)
$721 $708 
Short term lease cost(1)
70 86 
Total lease cost$791 $794 
Other information
Operating leases - operating cash flows $574 $687 
Weighted average lease term - operating leases, in years10.1611.35
Weighted average discount rate - operating leases3.89%3.75%
(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
2026 (Nine months)$1,605 
20272,087 
20281,849 
20291,705 
20301,378 
Thereafter5,834 
Total minimum lease payments$14,458 
Less: amount of lease payment representing interest(2,601)
Present value of future minimum lease payments$11,857