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Premises, Equipment and Leases (Tables)
12 Months Ended
Dec. 31, 2021
Premises, Equipment and Leases [Abstract]  
Summary of Premises and Equipment
A summary of premises and equipment follows:

 
December 31,
 
(In thousands)
 
2021
   
2020
 
Land, buildings and improvements
 
$
125,320
   
$
125,002
 
Furniture and equipment
   
59,041
     
55,195
 
Premises and equipment before accumulated depreciation
 
$
184,361
   
$
180,197
 
Accumulated depreciation
   
112,268
     
105,991
 
Total premises and equipment
 
$
72,093
   
$
74,206
 
Net Lease Cost
The table below summarizes our net lease cost:

 
December 31,
 
(In thousands)
 
2021
   
2020
 
Operating lease cost
 
$
7,176
   
$
7,382
 
Variable lease cost
   
2,090
     
2,141
 
Short-term lease cost
   
369
     
453
 
Sublease income
   
(466
)
   
(502
)
Total premises and equipment
 
$
9,169
   
$
9,474
 
Future Minimum Rental Commitments Related to Non-cancelable Operating Leases
The table below show future minimum rental commitments related to non-cancelable operating leases for the next five years and thereafter as of December 31, 2021.

(In thousands)
     
2022
 
$
6,543
 
2023
   
5,440
 
2024
   
4,696
 
2025
   
3,499
 
2026
   
2,609
 
Thereafter
   
7,985
 
Total lease payments
 
$
30,772
 
Less: interest
   
(3,171
)
Present value of lease liabilities
 
$
27,601
 
Additional Information for Operating Leases
The following table shows the weighted average remaining operating lease term, the weighted average discount rate and supplemental information on the consolidated statements of cash flows for operating leases:

 
December 31,
 
(In thousands except for percent and period data)
 
2021
   
2020
 
Weighted average remaining lease term, in years
   
6.91
     
7.21
 
Weighted average discount rate
   
2.97
%
   
3.02
%
Cash paid for amounts included in the measurement of lease liabilities:
               
Operating cash flows from operating leases
 
$
7,373
   
$
7,934
 
ROU assets obtained in exchange for lease liabilities
   
1,843
     
3,441