v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
(In Thousands)2026202520262025
Lease Cost
Operating lease cost(1)
$615 $761 $1,337 $1,469 
Short term lease cost(1)
73 78 143 164 
Total lease cost$688 $839 $1,480 $1,633 
Other information
Operating leases - operating cash flows $1,103 $1,371 
Weighted average lease term - operating leases, in years10.1111.88
Weighted average discount rate - operating leases3.89%3.78%
(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 (Six months)$1,152 
20272,113 
20281,878 
20291,717 
20301,378 
Thereafter5,834 
Total minimum lease payments$14,072 
Less: amount of lease payment representing interest(2,613)
Present value of future minimum lease payments$11,459