v3.25.4
PREMISES AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Premises and Equipment
Premises and equipment consisted of the following:
(Dollars in thousands)December 31,
2025
December 31,
2024
Land$12,299 $22,091 
Buildings64,020 102,514 
Leasehold improvements40,390 40,394 
Automobiles and aircraft11,428 30,076 
Furniture, fixtures and equipment39,238 42,281 
167,375 237,356 
Accumulated depreciation(76,304)(76,619)
$91,071 $160,737 
Schedule of Disposal Assets The gain on sale of $8,744,000 was calculated as follows and allocated to the Corporate and Other category for segment reporting:
(Dollars in thousands)
Sales price$64,000 
Net book value of disposal assets
Premises and equipment, net$54,289 
Intangible assets, net646 
Deferred rent166 
$55,101 
Transaction costs155 
Gain on sale, net of transaction costs$8,744 
Schedule of Lease Cost
Lease costs were as follows:
Year Ended December 31,
(Dollars in thousands)202520242023
Operating lease cost$5,472 $5,450 $5,294 
Short-term lease cost263 598 460 
Variable lease cost38 20 145 
Total lease cost$5,773 $6,068 $5,899 
Schedule of Total Operating Lease Liability
A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows:
(Dollars in thousands)December 31, 2025
Lease payments due:
Within one year$6,405 
After one but within two years5,861 
After two but within three years4,937 
After three but within four years4,215 
After four but within five years3,374 
After five years3,003 
Total undiscounted cash flows27,795 
Discount on cash flows(2,740)
Total lease liability$25,055 
Schedule of Revenue Recognized for Operating Leases
The table below shows the Company's revenue from operating leases, which is included in other non-interest income in the Company's consolidated statements of income.
Year Ended December 31,
(Dollars in thousands)202520242023
Fixed payments$1,423 $2,833 $— 
Variable payments766 1,222 — 
Amortization of intangibles included in lease income(67)(75)— 
Total lease income$2,122 $3,980 $—