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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule Of Operating And Finance Lease Liabilities
LeasesClassificationDecember 31, 2022December 31, 2021
Assets:
Operating lease assetsOperating lease right-of-use assets$32,307 $19,928 
Finance lease assets
Premises and equipment, net (1)
286 358 
Total leased assets$32,593 $20,286 
Liabilities:
Operating lease liabilitiesOperating lease liabilities$33,726 $21,159 
Finance lease liabilitiesAccrued interest payable and other liabilities383 469 
Total leased liabilities$34,109 $21,628 
(1) Finance lease assets are recorded net of accumulated amortization of $930 thousand and $858 thousand as of December 31, 2022 and 2021, respectively.
Schedule Of Lease Cost
The components of the Corporation's net lease expense for the year ended December 31, 2022, 2021 and 2020 were as follows:

Lease CostClassificationDecember 31, 2022December 31, 2021December 31, 2020
Operating lease costNet occupancy expense$2,264 $1,801 $1,785 
Variable lease costNet occupancy expense59 55 87 
Finance lease cost:
Amortization of leased assetsNet occupancy expense72 72 72 
Interest on lease liabilitiesInterest expense - borrowed funds19 23 27 
Sublease income (1)
Net occupancy expense(79)(71)(86)
Net lease cost$2,335 $1,880 $1,885 
(1) Sublease income excludes rental income from owned properties.
Schedule of 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 December 31, 2022:

Maturity of Lease Liabilities as of December 31, 2022
Operating Leases (1)
Finance LeasesTotal
2023$2,367 $105 $2,472 
20242,298 105 2,403 
20252,293 105 2,398 
20262,277 105 2,382 
20272,220 — 2,220 
After 202742,626 — 42,626 
Total lease payments54,081 420 54,501 
Less: Interest20,355 37 20,392 
Present value of lease liabilities$33,726 $383 $34,109 
(1) Operating lease payments include payments related to options to extend lease terms that are reasonably certain of being exercised and exclude $3.6 million of legally binding minimum lease payments for leases signed, but not yet commenced.
Schedule of Minimum Annual Rental Commitments Under Operating Lease
The following table sets forth future minimum rental payments under noncancelable leases with terms in excess of one year as of December 31, 2022:

Maturity of Lease Liabilities as of December 31, 2022
Operating Leases (1)
Finance LeasesTotal
2023$2,367 $105 $2,472 
20242,298 105 2,403 
20252,293 105 2,398 
20262,277 105 2,382 
20272,220 — 2,220 
After 202742,626 — 42,626 
Total lease payments54,081 420 54,501 
Less: Interest20,355 37 20,392 
Present value of lease liabilities$33,726 $383 $34,109 
(1) Operating lease payments include payments related to options to extend lease terms that are reasonably certain of being exercised and exclude $3.6 million of legally binding minimum lease payments for leases signed, but not yet commenced.
Schedule of Weighted Average Lease Term and Discount Rate
Other information related to the Corporation's lease liabilities as of December 31, 2022 and 2021 was as follows:

Lease Term and Discount RateDecember 31, 2022December 31, 2021
Weighted-average remaining lease term (years)
Operating leases23.918.8
Finance leases45
Weighted-average discount rate
Operating leases3.83 %3.42 %
Finance leases4.49 %4.49 %
Other information related to the Corporation's lease liabilities as of December 31, 2022 and 2021 was as follows:

Other InformationDecember 31, 2022December 31, 2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows used by operating leases$1,183 $964