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OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES (Tables)
3 Months Ended
Mar. 31, 2025
OPERATING LEASE ROU ASSETS AND LIABILITIES  
Schedule of future minimum lease payments under non-cancellable leases and a reconciliation to the amount recorded as operating lease liabilities

March 31, 

2025

(in thousands)

2025

$

2,137

2026

2,679

2027

2,555

2028

2,296

2029

2,045

Thereafter

15,083

Total lease payments

26,795

Imputed interest

(4,652)

Total present value of operating lease liabilities

$

22,143

Schedule of weighted-average discount rate and remaining lease term

March 31, 2025

December 31, 2024

Weighted-average discount rate

2.16

%

2.15

%

Weighted-average remaining lease term (years)

15.81

15.85

Schedule of components of total lease expense

Three Months Ended

March 31, 

2025

2024

(in thousands)

Lease Expense:

Operating lease expense

$

690

$

747

Short-term lease expense

31

26

Variable lease expense

6

5

Total lease expense

$

727

$

778

Other Information

Cash paid for amounts included in the measurement of lease liabilities-

operating cash flows for operating leases

706

737

Operating Lease - Operating cash flows (Liability reduction)

591

615

ROU assets obtained in exchange for new operating lease liabilities

51

38