v3.26.3
Leases (Tables)
9 Months Ended
Sep. 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 September 30,Nine Months Ended September 30,
(In Thousands)2026202520262025
Lease Cost
Operating lease cost(1)
$594 $795 $1,931 $2,264 
Short term lease cost(1)
57 42 200 206 
Total lease cost$651 $837 $2,131 $2,470 
Other information
Operating leases - operating cash flows $1,685 $2,052 
Weighted average lease term - operating leases, in years10.0512.40
Weighted average discount rate - operating leases4.09%3.83%
(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 (Three months)$605 
20272,293 
20282,062 
20291,897 
20301,519 
Thereafter6,582 
Total minimum lease payments$14,958 
Less: amount of lease payment representing interest(2,813)
Present value of future minimum lease payments$12,145