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Leases (Tables) | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Components of Total Lease Expense | The components of total lease expense were as follows:
|  | For the Year Ended December 31, 2019
|  | (In Thousands)
Operating lease cost |  | $ | 1,551 |
Short-term lease cost |  | 257 |
Variable lease cost |  | 493 |
Less: sublease income |  | (9 | )
Total lease cost, net |  | $ | 2,292 |
Operating Leases Quantitative Information | Quantitative information regarding the Corporation’s operating leases was as follows:
|  | December 31, 2019
Weighted-average remaining lease term (in years) |  | 6.56 |
Weighted-average discount rate |  | 3.09 | %
Operating Lease Liabilities Maturity Analysis | The following maturity analysis shows the undiscounted cash flows due on the Corporation’s operating lease liabilities:
(In Thousands) |
2020 | $ | 1,541 |
2021 | 1,382 |
2022 | 1,373 |
2023 | 1,015 |
2024 | 756 |
Thereafter | 2,307 |
Total undiscounted cash flows | 8,374 |
Discount on cash flows | (833 | )
Total lease liability | $ | 7,541 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + 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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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