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OPERATING LEASES	12 Months Ended
OPERATING LEASES	Dec. 31, 2022
OPERATING LEASES [Abstract]
OPERATING LEASES [Text Block]	NOTE 23 – OPERATING LEASES The Corporation accounts for its leases in accordance with ASC 842 “Leases” (“ASC Topic 842). The Corporation’s operating leases are primarily related to the Corporation’s branches. Our leases mainly have terms ranging from two years to 30 years , some of which include options to extend the leases for up to ten years . Liabilities to make future lease payments are recorded in accounts payable and other liabilities, while right-of-use (“ROU”) assets are recorded in other assets in the Corporation’s consolidated statements of financial condition. As of December 31, 2022 and 2021, the Corporation did not classify any of its leases as a finance lease. Operating lease cost for the year ended December 31, 2022 amounted to $ 18.4 million (2021 - $ 18.2 million; 2020 - $ 13.8 million), and is recorded in occupancy and equipment in the consolidated statements of income. Supplemental balance sheet information related to leases as of the indicated dates was as follows: As of As of December 31, December 31, 2022 2021 (Dollars in thousands) ROU asset $ 78,855 $ 90,319 Operating lease liability $ 81,954 $ 93,772 Operating lease weighted-average remaining lease term (in years) 7.5 8.0 Operating lease weighted-average discount rate 2.37% 2.24% Generally, the Corporation cannot practically determine the interest rate implicit in the lease. Therefore, the Corporation uses its incremental borrowing rate as the discount rate for the lease. See Note 1 – Nature of Business and Summary of Significant Accounting Policies for information on how the Corporation determines its incremental borrowing rate. Supplemental cash flow information related to leases was as follows: Year Ended Year Ended Year Ended December 31, December 31, December 31, 2022 2021 2020 (In thousands) Operating cash flow from operating leases (1) $ 18,202 $ 19,328 $ 13,464 ROU assets obtained in exchange for operating lease liabilities (2) (3) $ 5,744 $ 5,833 $ 1,328 (1) Represents cash paid for amounts included in the measurement of operating lease liabilities. (2) Represents non-cash activity and, accordingly, is not reflected in the consolidated statements of cash flows. For the year ended December 31, 2020 excludes $ 52.1 million ROU assets and related liabilities assumed in the BSPR acquisition. (3) For the year ended December 31, 2022 and 2021 excludes $ 3.0 million and $ 1.3 million, respectively, of lease terminations. For the year ended December 31, 2020, there were no lease terminations. Maturities under operating lease liabilities as of December 31, 2022, were as follows: Amount (In thousands) 2023 $ 16,763 2024 16,008 2025 15,096 2026 14,025 2027 5,929 2028 and after 23,025 Total lease payments 90,846 Less: imputed interest (8,892) Total present value of lease liability $ 81,954 Leases Not Yet Commenced As of December 31, 2022, the Corporation has additional operating leases that were signed but have not yet commenced with an undiscounted contract amount of $ 1.1 million, which will have lease terms ranging from five to ten years .