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LEASES (Tables)
9 Months Ended
Sep. 30, 2022
LEASES  
ROU Assets and Liabilities

(in thousands)

    

Classification

    

September 30, 2022

    

December 31, 2021

Lease Right-of-Use Assets

 

  

  

Operating lease right-of-use assets

 

Other assets

$

8,381

$

9,274

Lease Liabilities

 

  

 

  

 

  

Operating lease liabilities

 

Other liabilities

 

8,791

 

9,643

Additional Information Regarding Leases

    

September 30, 2022

    

December 31, 2021

Weighted-average remaining lease term (in years)

  

  

Operating leases

7.42

8.03

Weighted-average discount rate

  

  

Operating leases

3.09

%

3.07

%

Three Months Ended

Nine Months Ended

(in thousands)

September 30, 2022

    

September 30, 2021

    

September 30, 2022

    

September 30, 2021

Lease Costs

  

 

  

 

  

 

  

Operating lease cost

$

338

$

324

$

994

$

966

Variable lease cost

 

71

 

43

 

345

 

179

Total lease cost

$

409

$

367

$

1,339

$

1,145

Future Minimum Payments for Leases

(in thousands)

    

Payments

Twelve Months Ended:

 

  

September 30, 2023

$

1,343

September 30, 2024

 

1,344

September 30, 2025

 

1,129

September 30, 2026

 

1,032

September 30, 2027

 

889

Thereafter

 

3,411

Total future minimum lease payments

 

9,148

Amounts representing interest

 

(357)

Present value of net future minimum lease payments

$

8,791