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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Components of Total Lease Expense
For the Year Ended December 31,
202220212020
(In Thousands)
Operating lease cost
$1,544 $1,513 $1,494 
Short-term lease cost
148 158 222 
Variable lease cost
604 492 522 
Less: sublease income
(179)(170)(113)
Total lease cost, net
$2,117 $1,993 $2,125 
Operating Leases Quantitative Information
Quantitative information regarding the Corporation’s operating leases was as follows:
December 31, 2022December 31, 2021December 31, 2020
Weighted-average remaining lease term (in years)
8.065.055.80
Weighted-average discount rate
3.40 %2.51 %3.03 %
Operating Lease Liabilities Maturity Analysis
The following maturity analysis shows the undiscounted cash flows due on the Corporation’s operating lease liabilities:
(In Thousands)
2023$1,511 
20241,527 
20251,408 
20261,400 
20271,428 
Thereafter4,688 
Total undiscounted cash flows11,962 
Discount on cash flows(1,787)
Total lease liability$10,175