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Commitments and Contingencies (Tables) | 12 Months Ended
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Dec. 31, 2022
Commitments and Contingencies [Abstract] |
Loan Related Commitments |
|  | December 31,
|  | 2022 |  |  | 2021
|  | (In Thousands)
Loan origination commitments | $ | 165,579 |  | $ | 67,392
Standby letters of credit |  | 3,701 |  |  | 3,309
Construction loans in process |  | 96,905 |  |  | 84,195
Unused lines of credit |  | 218,865 |  |  | 114,779
| $ | 485,050 |  | $ | 269,675
Schedule of Lease Information |
|  | Twelve Months Ended December 31, 2022 |  |  | Twelve Months Ended December 31, 2021
Operating lease cost | $ | 3,758 |  | $ | 3,711
Variable lease cost-operating leases |  | 1,002 |  |  | 976
| $ | 4,760 |  | $ | 4,687
|  | At December 31, 2022 |  |  | At December 31, 2021
Supplemental balance sheet information related to leases: |  |  |  |  |
Operating Leases |  |  |  |  |
Operating lease right-of-use assets | $ | 13,520 |  | $ | 12,457
Operating Lease Liabilities: |  |  |  |  |
Current liabilities | $ | 3,062 |  | $ | 3,296
Operating lease liabilities (noncurrent portion) |  | 12,218 |  |  | 10,529
Imputed interest |  | (1,421) |  |  | (1,073)
Total operating lease liabilities | $ | 13,859 |  | $ | 12,752
Summary of Lease Terms and Discount Rate |
Weighted Average Remaining Lease Term |  |  |  |  |  |
Operating leases |  | 6.49 | years |  | 5.99 | years
Weighted Average Discount Rate |  |  |  |  |  |
Operating leases |  | 2.83 | % |  | 2.60 | %
Summary of Maturity of Lease Obligations for Operating Leases |
Maturities of lease liabilities (discounted):
|  | At December 31, 2022
|  | Operating Leases
One year or less | $ | 3,062
Over one year through three years |  | 4,766
Over three years through five years |  | 3,496
Over five years |  | 3,956
Gross Operating Lease Liabilities | $ | 15,280
Imputed Interest |  | (1,421)
Total Operating Lease Liabilities | $ | 13,859

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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 https://asc.fasb.org/extlink&oid=128292326&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 https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of arrangements in which the entity has committed resources to supply goods or services to a customer. May include identification of the goods or services to be furnished, identity of the purchasing party, pricing, effects on pricing for failing to deliver the [minimum] quantities required to be furnished, cancellation rights, and termination provisions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(25)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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