Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Components of lease expense

	Three Months Ended 9/30/2021		Nine Months Ended 9/30/2021		Three Months Ended 9/30/2020		Nine Months Ended 9/30/2020
(in thousands)
Operating lease cost	$	543	$	1,663	$	546	$	1,638
Variable lease cost		192		546		135		441
Total lease cost	$	735	$	2,209	$	681	$	2,079

Supplemental cash flow information related to leases

Supplemental cash flow information related to leases was as follows:

	Three Months Ended 9/30/2021		Nine Months Ended 9/30/2021		Three Months Ended 9/30/2020		Nine Months Ended 9/30/2020
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	541	$	1,624	$	529	$	1,586
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	376	$	376	$	431	$	1,306

Supplemental balance sheet information related to leases

Supplemental balance sheet information related to leases was as follows:

	9/30/2021			12/31/2020
(in thousands, except lease term and discount rate)
Operating Leases:
Operating lease right-of-use assets	$	12,734		$	13,713
Operating lease liabilities	$	12,994		$	13,935
Weighted Average Remaining Lease Term:
Operating Leases		10 Years			10 Years
Weighted Average Discount Rate:
Operating Leases		3.1	%		3.1	%

Summary of Future Payments of Lease Liabilities

A summary of future minimum rental payments under such leases as the dates indicated follows:

	Minimum Rental Payments
	September 30, 2021			December 31, 2020
	(in thousands)
Year Ending December 31, 2020 2021	$	544		$	2,156
2022		2,072			1,995
2023		2,039			1,962
2024		1,769			1,692
2025		1,548			1,471
Thereafter		7,453			7,394
Total lease payments	$	15,425		$	16,670
Less imputed interest		(2,431	)		(2,735	)
Present value of lease liability	$	12,994		$	13,935