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LEASE COMMITMENTS (Tables)
 12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Supplemental Balance Sheet Information
The following right-of-use assets and lease liabilities are reported within the consolidated statements of condition as follows:
In thousandsDecember 31, 2020
Operating Leases:
Right of use assets$3,145 
Lease liabilities3,138 
In thousandsDecember 31, 2019
Operating Leases:
Right of use assets$3,502 
Lease liabilities3,502 
Supplemental balance sheet information related to leases was as follows for the year ended December 31, 2020:
Operating Leases:
Weighted average remaining lease term7.0 years
Weighted average discount rate5.63 %
Future Minimum Rental Payments The following summarizes the remaining scheduled future minimum lease payments for operating leases as of December 31, 2020:
Years EndingIn thousands
2021$805 
2022646 
2023560 
2024540 
2025518 
Thereafter1,260 
Total minimum lease payments4,329 
Less: Amount representing interest (1)1,191 
Present value of net minimum lease payments$3,138 
(1) Amount necessary to reduce net minimum lease payments to present value calculated at the Corporation’s incremental borrowing rate.