XML 59 R39.htm IDEA: XBRL DOCUMENT v3.25.0.1

LEASES (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Supplemental Balance Sheet Information

The following ROU assets and lease liabilities are reported within the Consolidated Statements of Condition as follows:

(Dollars in thousands)						December 31, 2024						December 31, 2023
Operating Leases:
ROU assets						$	2,663					$	2,615
Lease liabilities						2,764						2,615
Weighted average remaining lease term						5.7 years						4.7 years
Weighted average discount rate						2.63		%				5.61		%

Supplemental cash flow information related to operating leases for the years ended December 31:

(In thousands)			2024						2023						2022
Operating cash flows from operating leases			$	917					$	924					$	964

Future Minimum Rental Payments

The following summarizes the remaining scheduled future minimum lease payments for operating leases as of December 31, 2024:

Year			(In thousands)
2025			$	712
2026			592
2027			469
2028			434
2029			294
Thereafter			488
Total minimum lease payments			2,989
Less: amount representing interest 1			225
Present value of net minimum lease payments			$	2,764

__________________________________________________

1Amount necessary to reduce net minimum lease payments to present value calculated at the Corporation’s incremental borrowing rate.

X

- 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

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration