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Leases (Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Lease expense
The components of total lease expense were as follows:
For the Three Months Ended March 31,
20232022
(In Thousands)
Operating lease cost
$382 $383 
Short-term lease cost
63 37 
Variable lease cost
150 126 
Less: sublease income
(45)(45)
Total lease cost, net
$550 $501 
Operating Lease Quantitative Information
Quantitative information regarding the Corporation’s operating leases was as follows:
March 31, 2023December 31, 2022
Weighted-average remaining lease term (in years)
8.108.06
Weighted-average discount rate
3.46 %3.40 %
Operating Lease Maturity Analysis
The following maturity analysis shows the undiscounted cash flows due on the Corporation’s operating lease liabilities:
(In Thousands)
2023$1,110 
20241,527 
20251,408 
20261,400 
20271,428 
Thereafter4,689 
Total undiscounted cash flows11,562 
Discount on cash flows(1,740)
Total lease liability$9,822