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Leases Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Summary of lease cost
The following ROU assets and lease liabilities have been reported within other assets and other liabilities on the consolidated statements of condition as of the dates indicated:
December 31,
2023
2022
(In thousands)Consolidated Statements of Condition
Line Item		Operating LeasesFinance LeasesTotalOperating LeasesFinance LeasesTotal
ROU assetsOther Assets$11,497 $4,252 $15,749 $12,324 $4,485 $16,809 
Lease liabilitiesOther Liabilities9,978 4,449 14,427 10,718 4,616 15,334 

    In accordance with ASC 842, the components of lease expense for the periods indicated were as follows:
For the Year Ended
December 31,
(In thousands)
2023
20222021
Operating lease cost(1)
$1,531 $1,488 $1,474 
Finance lease cost:
Amortization of ROU assets233 233 233 
Interest on lease liabilities(2)
147 150 154 
Total finance lease cost380 383 387 
Total lease cost(3)
$1,911 $1,871 $1,861 
(1)    Includes immaterial short-term and variable lease costs, but excludes common area maintenance costs.
(2)    Includes immaterial variable lease costs.
(3)    Reported within net occupancy costs on the consolidated statements of income.
Supplemental Cash Flow And Balance Sheet Information
Supplemental cash flow information and non-cash activity related to leases was as follows for the periods indicated:
For the Year Ended
December 31,
(In thousands)
2023
20222021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,387 $1,391 $1,355 
Operating cash flows from finance leases144 149 154 
Financing cash flows from finance leases168 160 152 
ROU assets obtained in exchange for new lease obligations:
Operating leases$165 $764 $106 
Finance leases— — — 
Supplemental information related to leases was as follows as of the dates indicated:
December 31,
2023
2022
Weighted average remaining lease term:
Operating leases13.2 years13.9 years
Finance leases25.3 years25.8 years
Weighted average discount rate:
Operating leases3.41 %3.44 %
Finance leases3.45 %3.44 %
Schedule of operating lease liability maturity
The following summarizes the remaining scheduled future minimum lease payments for operating and finance leases as of December 31, 2023:
(In thousands)Operating LeasesFinance Leases
2024
$1,370 $314 
20251,180 317 
20261,104 236 
20271,020 211 
2028771 214 
Thereafter6,984 5,518 
Total minimum lease payments12,429 6,810 
Less: amount representing interest(1)
2,451 2,361 
Present value of net minimum lease payments(2)
$9,978 $4,449 
(1)     Amount necessary to reduce net minimum lease payments to present value calculated at the Company's incremental borrowing rate.
(2)     Reflects the liability reported within other liabilities on the consolidated statements of condition.
Schedule of finance lease liability maturity
The following summarizes the remaining scheduled future minimum lease payments for operating and finance leases as of December 31, 2023:
(In thousands)Operating LeasesFinance Leases
2024
$1,370 $314 
20251,180 317 
20261,104 236 
20271,020 211 
2028771 214 
Thereafter6,984 5,518 
Total minimum lease payments12,429 6,810 
Less: amount representing interest(1)
2,451 2,361 
Present value of net minimum lease payments(2)
$9,978 $4,449 
(1)     Amount necessary to reduce net minimum lease payments to present value calculated at the Company's incremental borrowing rate.
(2)     Reflects the liability reported within other liabilities on the consolidated statements of condition.