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PREMISES AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2021
PREMISES AND EQUIPMENT  
Schedule of major classification

March 31,

December 31,

    

2021

    

2020

(In Thousands)

Land

    

$

40,652

    

$

40,652

Buildings and improvements

 

100,514

 

100,187

Furniture, fixtures and equipment

 

57,989

 

59,226

Operating leases right of use asset

 

8,313

 

8,536

 

207,468

 

208,601

Less accumulated depreciation

 

69,784

 

69,431

$

137,684

$

139,170

Schedule of calculated amounts of the right of use assets and lease liabilities

At or For the Three Months Ended

    

March 31, 2021

    

March 31, 2020

(In Thousands)

Statement of Financial Condition

  

    

  

Operating leases right of use asset

$

8,313

$

8,446

Operating leases liability

$

8,452

$

8,539

Statement of Income

 

  

 

  

Operating lease costs classified as occupancy and equipment expense

$

374

$

385

(includes short-term lease costs and amortization of right of use asset)

 

  

 

  

Supplemental Cash Flow Information

 

  

 

  

Cash paid for amounts included in the measurement of lease liabilities:

 

  

 

  

Operating cash flows from operating leases

$

361

$

371

Schedule of Future Minimum Rental Payments for Operating Leases

2021

$

871

2022

 

1,116

2023

 

1,088

2024

 

1,005

2025

 

979

2026

912

Thereafter

 

4,015

Future lease payments expected

 

9,986

Less interest portion of lease payments

 

(1,534)

Lease liability

$

8,452