v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Lease, Cost
The cost components of our operating leases follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
(In thousands)(In thousands)
Operating lease cost$359 $349 $685 $695 
Variable lease cost11 10 22 
Short-term lease cost19 23 39 47 
Total$380 $383 $734 $764 
Supplemental Balance Sheet Information Related to Operating Leases
Supplemental balance sheet information related to our operating leases follows:
June 30,
2025
December 31,
2024
(Dollars in thousands)
Lease right of use asset (1)$6,900 $5,971 
Lease liabilities (2)$7,003 $6,338 
Weighted average remaining lease term (years)7.107.07
Weighted average discount rate4.4 %3.7 %
(1)Included in Accrued income and other assets in our interim Condensed Consolidated Statements of Financial Condition.
(2)Included in Accrued expenses and other liabilities in our interim Condensed Consolidated Statements of Financial Condition.
Maturity Analysis of Lease Liabilities
Maturity analysis of our lease liabilities at June 30, 2025 based on required contractual payments follows:
(In thousands)
Six months ending December 31, 2025$691 
20261,257 
20271,135 
20281,110 
20291,112 
2030 and thereafter2,933 
Total lease payments8,238 
Less imputed interest(1,235)
Total$7,003