LEASES (Tables)

9 Months Ended

Sep. 30, 2019

LEASES.

Summary of lease costs

	Three Months Ended		Nine Months Ended
(In thousands)	September 30, 2019		September 30, 2019
Lease cost
Operating lease cost	$	1,679	$	5,030
Sublease income		(32)		(71)
Total lease cost	$	1,647	$	4,959

Summary of supplemental cash flow and balance sheet information related to operating leases

	Nine Months Ended
(Dollars in thousands)	September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	5,180
Operating right-of-use assets obtained in exchange for lease liabilities	$	39,825

	September 30, 2019
Weighted-average remaining lease term-operating leases		8.1	years
Weighted-average discount rate-operating leases (1)		3.41	%

1) The Company computes the present value of operating lease liabilities using its incremental borrowing rate as the discount rate.

Summary of maturities of operating lease liabilities as of September 30, 2019

(In thousands)	September 30, 2019
2019	$	1,550
2020		6,046
2021		5,946
2022		5,742
2023		4,759
Thereafter		21,124
Total operating lease payments	$	45,167
Less: Interest		(6,103)
Present value of operating lease liabilities	$	39,064

Summary of maturities of operating lease liabilities as of December 31, 2018

(In thousands)	December 31, 2018
2019	$	7,248
2020		6,504
2021		6,185
2022		5,903
2023		4,695
Thereafter		18,687
Total operating lease payments	$	49,222