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Leases | 6 Months Ended
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Jun. 30, 2026
Leases [Abstract] |
Leases | Leases The Company's lease commitments consist primarily of agreements to lease land and office facilities that it occupies to operate several of its retail branch locations that are classified as operating leases and are recognized on the balance sheet as right-of-use (“ROU”) assets and lease liabilities. As of June 30, 2026, the Company has operating lease ROU assets of $11.3 million and operating lease liabilities of $11.5 million. As of December 31, 2025, the Company had operating lease ROU assets of $5.9 million and operating lease liabilities of $5.9 million. The Company did not have any agreements that are classified as finance leases as of June 30, 2026 or December 31, 2025. The Company entered into a new seven year lease for the headquarters building for Residential Mortgage, LLC (“RML”) in the first quarter of 2026. Upon commencement, the operating lease ROU assets increased $6.3 million and the operating lease liabilities increased $6.4 million. The following table presents additional information about the Company's operating leases for the periods indicated:
| Three Months Ended June 30, | Six Months Ended June 30,
(In Thousands) | 2026 | 2025 | 2026 | 2025
Lease Cost |  |  |  |
| Operating lease cost(1) | $615 |  | $761 |  | $1,337 |  | $1,469 |
| Short term lease cost(1) | 73 |  | 78 |  | 143 |  | 164 |
| Total lease cost | $688 |  | $839 |  | $1,480 |  | $1,633 |
Other information |  |  |  |
| Operating leases - operating cash flows |  |  | $1,103 |  | $1,371 |
| Weighted average lease term - operating leases, in years |  |  | 10.11 | 11.88
| Weighted average discount rate - operating leases |  |  | 3.89 | % | 3.78 | %
(1) | Expenses are classified within occupancy expense on the Consolidated Statements of Income. |  |
The table below reconciles the remaining undiscounted cash flows for the next five years for each twelve-month period presented (unless otherwise indicated) and the total of the subsequent remaining years to the operating lease liabilities recorded on the balance sheet:
(In Thousands) | Operating Leases
2026 (Six months) | $1,152 |
2027 | 2,113 |
2028 | 1,878 |
2029 | 1,717 |
2030 | 1,378 |
Thereafter | 5,834 |
Total minimum lease payments | $14,072 |
Less: amount of lease payment representing interest | (2,613) |
Present value of future minimum lease payments | $11,459 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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