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PREMISES AND EQUIPMENT (Tables)
9 Months Ended
Sep. 30, 2022
PREMISES AND EQUIPMENT  
Schedule of major classifications of premises and equipment, stated at cost

September 30, 

December 31, 

    

2022

    

2021

(In Thousands)

Land

    

$

39,615

$

39,440

Buildings and improvements

 

104,023

 

101,207

Furniture, fixtures and equipment

 

65,175

 

57,982

Operating leases right of use asset

 

7,645

 

7,715

 

 

216,458

 

206,344

Less: accumulated depreciation

 

77,048

 

73,611

 

$

139,410

$

132,733

Schedule of information about operating lease

    

September 30, 2022

    

December 31, 2021

(In Thousands)

Statement of Financial Condition

 

Operating leases right of use asset

$

7,645

$

7,715

Operating leases liability

$

7,839

$

7,886

    

For the Three Months Ended

September 30, 2022

    

September 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)

$

408

$

386

Supplemental Cash Flow Information

 

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

 

Operating cash flows from operating leases

$

400

$

375

Right of use assets obtained in exchange for lease obligations:

 

Operating leases

 

618

74

For the Nine Months Ended

    

September 30, 2022

    

September 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)

$

1,166

$

1,153

Supplemental Cash Flow Information

 

 

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

 

 

Operating cash flows from operating leases

$

1,141

$

1,117

Right of use assets obtained in exchange for lease obligations:

 

 

Operating leases

618

74

Schedule of future expected lease payments for leases with terms exceeding one year

2022

    

$

303

2023

 

1,199

2024

 

1,146

2025

 

1,126

2026

 

1,063

2027

987

Thereafter

 

3,206

Future lease payments expected

 

9,030

Less: interest portion of lease payments

 

(1,191)

Lease liability

$

7,839