LEASES (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Supplemental Lease Information

Supplemental lease information at the dates indicated is as follows:

	September 30, 2023			December 31, 2022
	(Dollars in thousands)
Balance Sheet:
Operating lease right of use asset classified as premises and equipment	$	20,483		$	23,538
Operating lease liability classified as other liabilities	$	20,225		$	23,136
Weighted average lease term, in years	7.91			8.18
Weighted average discount rate	4.14		%	4.00		%

Summary of Lease Costs

Lease costs for the dates indicated is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(In thousands)
Income Statement:
Operating lease cost	$	1,885	$	836	$	5,280	$	2,559
Short-term lease cost	8		—		21		—
Total operating lease costs	$	1,893	$	836	$	5,301	$	2,559

Maturity Analysis of Lease Liabilities

A maturity analysis of the Company’s lease liabilities is as follows:

	September 30, 2023		December 31, 2022
	(In thousands)
Lease payments due:
Within one year	$	1,171	$	4,634
After one but within two years	4,137		4,121
After two but within three years	3,681		3,684
After three but within four years	3,125		3,132
After four but within five years	2,914		2,918
After five years	9,279		9,303
Total lease payments	24,307		27,792
Less: discount on cash flows	4,082		4,656
Total lease liability	$	20,225	$	23,136