OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2023

OPERATING LEASE RIGHT-OF-USE ASSETS AND LIABILITIES

Schedule of undiscounted future minimum operating lease payments

	March 31,
	2023
	(in thousands)
2023	$	2,290
2024		2,774
2025		2,484
2026		2,436
2027		2,381
Thereafter		19,004
Total lease payments		31,369
Imputed interest		(5,461)
Total present value of operating lease liabilities	$	25,908

Schedule of weighted-average discount rate and remaining lease term

	March 31, 2023		December 31, 2022
Weighted-average discount rate	2.00	%	2.02	%
Weighted-average remaining lease term (years)	16.41		17.33

Schedule of components of total lease expense

	Three Months Ended
	March 31,
	2023		2022
	(in thousands)
Lease Expense:
Operating lease expense	$	807	$	814
Short-term lease expense		30		31
Variable lease expense		2		—
Sublease income		(5)		—
Total lease expense	$	834	$	845
Other Information
Cash paid for amounts included in the measurement of lease liabilities-
operating cash flows for operating leases		835		799
Operating Lease - Operating cash flows (Liability reduction)		680		668
Right-of-use assets obtained in exchange for new operating lease liabilities		—		305