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LEASES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
LEASES |
ROU Assets and Liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | Classification |  | December 31, 2023 |  | December 31, 2022
Lease Right-of-Use Assets |  | ​ | ​ | ​ |  | ​ | ​ |
Operating lease right-of-use assets |  | Other assets | ​ | $ | 6,874 | ​ | $ | 8,078
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Lease Liabilities |  |  | ​ |  |  | ​ |  |
Operating lease liabilities |  | Other liabilities | ​ |  | 7,322 | ​ |  | 8,501
Weighted average lease term and discount rate | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, 2023 |  | December 31, 2022
Weighted-average remaining lease term (in years) | ​ |  | ​ | ​ |  | ​
Operating leases | ​ | 6.28 | ​ | ​ | 7.17 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average discount rate | ​ |  | ​ | ​ |  | ​
Operating leases | ​ | 3.10 | % | ​ | 3.09 | %
Additional Information Regarding Leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended
(in thousands) | ​ | December 31, 2023 |  | December 31, 2022 | ​ | December 31, 2021
Lease Costs | ​ | ​ |  |  | ​ |  | ​ | ​ |
Operating lease cost | ​ | $ | 1,343 | ​ | $ | 1,344 | ​ | $ | 1,295
Variable lease cost | ​ |  | 485 | ​ |  | 402 | ​ |  | 229
Total lease cost | ​ | $ | 1,828 | ​ | $ | 1,746 | ​ | $ | 1,524
Future Minimum Payments for Leases | ​
​ | ​ | ​ | ​
(in thousands) |  | Payments
Twelve Months Ended: |  | ​ |
December 31, 2024 | ​ | $ | 1,316
December 31, 2025 | ​ |  | 1,092
December 31, 2026 | ​ |  | 987
December 31, 2027 | ​ |  | 864
December 31, 2028 | ​ |  | 726
Thereafter | ​ |  | 2,484
Total future minimum lease payments | ​ |  | 7,469
Amounts representing interest | ​ |  | (147)
Present value of net future minimum lease payments | ​ | $ | 7,322
​

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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