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PREMISES AND EQUIPMENT (Tables)
6 Months Ended
Jun. 30, 2022
Premises and Equipment  
Schedule of major classification

June 30, 

December 31, 

    

2022

    

2021

(In Thousands)

Land

    

$

39,565

$

39,440

Buildings and improvements

 

102,600

 

101,207

Furniture, fixtures and equipment

 

61,879

 

57,982

Operating leases right of use asset

 

7,267

 

7,715

 

 

211,311

 

206,344

Less: accumulated depreciation

 

75,164

 

73,611

 

$

136,147

$

132,733

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

    

June 30, 2022

    

December 31, 2021

(In Thousands)

Statement of Financial Condition

 

Operating leases right of use asset

$

7,267

$

7,716

Operating leases liability

$

7,454

$

7,886

    

For the Three Months Ended

June 30, 2022

    

June 30, 2021

(In Thousands)

Statement of Income

Operating lease costs classified as occupancy and equipment expense (includes short-term lease costs and amortization of right of use asset)

$

389

$

394

Supplemental Cash Flow Information

 

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

 

Operating cash flows from operating leases

$

381

$

382

Right of use assets obtained in exchange for lease obligations:

 

Operating leases

 

74

For the Six Months Ended

    

June 30, 2022

    

June 30, 2021

(In Thousands)

Statement of Income

 

 

Operating lease costs classified as occupancy and equipment expense (includes short-term lease costs and amortization of right of use asset)

$

758

$

768

Supplemental Cash Flow Information

 

 

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

 

 

Operating cash flows from operating leases

$

741

$

743

Right of use assets obtained in exchange for lease obligations:

 

 

Operating leases

74

Schedule of Future Minimum Rental Payments for Operating Leases

2022

    

$

562

2023

 

1,094

2024

 

1,013

2025

 

990

2026

 

923

2027

885

Thereafter

 

3,179

Future lease payments expected

 

8,646

Less: interest portion of lease payments

 

(1,192)

Lease liability

$

7,454