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Leases (Tables)
 9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Schedule Of Operating And Finance Lease Liabilities
LeasesClassificationSeptember 30, 2020December 31, 2019
Assets:
Operating lease assetsOperating lease assets$17,475 $18,422 
Finance lease assets
Premises and equipment, net (1)
447 501 
Total leased assets$17,922 $18,923 
Liabilities:
Operating lease liabilitiesOperating lease liabilities$18,469 $19,363 
Finance lease liabilitiesAccrued interest payable and other liabilities570 629 
Total leased liabilities$19,039 $19,992 
(1) Finance lease assets are recorded net of accumulated amortization of $769 as of September 30, 2020 and $715 as of December 31, 2019.
Schedule Of Lease Cost
The components of the Corporation's net lease expense for the three and nine months ended September 30, 2020 and 2019 were as follows:
Three months ended September 30,Nine months ended September 30,
Lease CostClassification2020201920202019
Operating lease costNet occupancy expense$435 $423 $1,349 $1,228 
Variable lease costNet occupancy expense26 33 67 82 
Finance lease cost:
Amortization of leased assetsNet occupancy expense18 18 54 54 
Interest on lease liabilitiesInterest expense - borrowed funds6 7 20 23 
Sublease income (1)
Net occupancy expense(25)(21)(67)(62)
Net lease cost$460 $460 $1,423 $1,325 
(1) Sublease income excludes rental income from owned properties.
Other information related to the Corporation's lease liabilities as of June 30, 2020 and 2019 was as follows:
Other InformationSeptember 30, 2020September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$695 $557 
Finance Lease, Liability, Maturity
The following table sets forth future minimum rental payments under noncancelable leases with terms in excess of one year as of September 30, 2020:
Maturity of Lease Liabilities as of September 30, 2020Operating LeasesFinance LeasesTotal
2020$388 $26 $414 
20211,555 105 1,660 
20221,601 105 1,706 
20231,490 105 1,595 
20241,455 105 1,560 
After 202419,171 210 19,381 
Total lease payments25,660 656 26,316 
Less: Interest7,191 86 7,277 
Present value of lease liabilities$18,469 $570 $19,039 
Lessee, Operating Lease, Liability, Maturity
The following table sets forth future minimum rental payments under noncancelable leases with terms in excess of one year as of September 30, 2020:
Maturity of Lease Liabilities as of September 30, 2020Operating LeasesFinance LeasesTotal
2020$388 $26 $414 
20211,555 105 1,660 
20221,601 105 1,706 
20231,490 105 1,595 
20241,455 105 1,560 
After 202419,171 210 19,381 
Total lease payments25,660 656 26,316 
Less: Interest7,191 86 7,277 
Present value of lease liabilities$18,469 $570 $19,039 
Schedule of Weighted Average Lease Term and Discount Rate
Lease terms and discount rates related to the Corporation's lease liabilities as of September 30, 2020 and December 31, 2019 were as follows:
Lease Term and Discount RateSeptember 30, 2020December 31, 2019
Weighted-average remaining lease term (years)
Operating leases18.418.7
Finance leases6.37.0
Weighted-average discount rate
Operating leases3.52 %3.52 %
Finance leases4.49 %4.49 %