PREMISES AND EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2024

PREMISES AND EQUIPMENT

Schedule of major classifications of premises and equipment, stated at cost

	June 30,		December 31,
	2024		2023
	(In Thousands)
Land	$	39,305	$	39,617
Buildings and improvements		107,213		107,602
Furniture, fixtures and equipment		69,093		70,162
Operating leases right of use asset		6,907		6,621
		222,518		224,002
Less: accumulated depreciation		87,991		85,411
	$	134,527	$	138,591

Schedule of information about operating lease

	June 30, 2024		December 31, 2023
	(In Thousands)
Statement of Financial Condition
Operating leases right of use asset	$	6,907	$	6,621
Operating leases liability	$	7,131	$	6,870
	For the Three Months Ended
	June 30, 2024		June 30, 2023
	(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)	$	413	$	433
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	407	$	403
Right of use assets obtained in exchange for lease obligations:
Operating leases		339		—

	For the Six Months Ended
	June 30, 2024		June 30, 2023
	(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)	$	895	$	843
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	869	$	795
Right of use assets obtained in exchange for lease obligations:
Operating leases		680		296

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

At June 30, 2024, future expected lease payments for leases with terms exceeding one year were as follows (In Thousands):

2024	$	688
2025		1,313
2026		1,338
2027		1,289
2028		1,019
2029		663
Thereafter		1,989
Future lease payments expected		8,299
Less: interest portion of lease payments		(1,168)
Lease liability	$	7,131