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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2023
Commitments and Contingencies [Abstract]  
Loan Related Commitments

December 31,

2023

2022

2021

(In Thousands)

Loan origination commitments

$

975

$

165,579 

$

67,392 

Standby letters of credit

13,353

3,701 

3,309 

Construction loans in process

63,395

96,905 

84,195 

Unused lines of credit

235,329

218,865 

114,779 

$

313,052

$

485,050 

$

269,675 

Schedule of Lease Information

Twelve Months Ended December 31, 2023

Twelve Months Ended December 31, 2022

Operating lease cost

$

3,591 

$

3,758 

Variable lease cost-operating leases

1,056 

1,002 

$

4,647 

$

4,760 

At December 31, 2023

At December 31, 2022

Supplemental balance sheet information related to leases:

Operating Leases

Operating lease right-of-use assets

$

12,935 

$

13,520 

Operating Lease Liabilities:

Current liabilities

$

3,094 

$

3,062 

Operating lease liabilities (noncurrent portion)

11,526 

12,218 

Imputed interest

(1,305)

(1,421)

Total operating lease liabilities

$

13,315 

$

13,859 

Summary of Lease Terms and Discount Rate

Weighted Average Remaining Lease Term

Operating leases

5.77 

years

6.49 

years

5.99 

years

Weighted Average Discount Rate

Operating leases

3.02 

%

2.83 

%

2.60 

%

Summary of Maturity of Lease Obligations for Operating Leases

Maturities of lease liabilities (discounted):

At December 31, 2023

Operating Leases

One year or less

$

3,094

Over one year through three years

5,132

Over three years through five years

3,632

Over five years

2,762

Gross Operating Lease Liabilities

$

14,620

Imputed Interest

(1,305)

Total Operating Lease Liabilities

$

13,315