v3.25.4
Lease Commitments
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Lease Commitments Lease Commitments
Our leases relate primarily to office space and bank branches with remaining lease terms of generally 1 to 15 years. Certain lease arrangements contain extension options which typically range from 5 to 10 years at the then fair market rental rates. As these extension options are not generally considered reasonably certain of exercise, they are not included in the lease term.
20252024
ROU asset on leased property, gross$44,376 $38,779 
Accumulated amortization(17,120)(16,303)
ROU asset, net (Note 8)
$27,256 $22,476 
Lease liability (Note 12)
$29,049 $24,376 
The following table reconciles future undiscounted lease payments due under non-cancelable operating leases to the aggregate operating lessee lease liability as of December 31, 2025:
2026$8,000 
20276,159 
20285,810 
20294,930 
20303,213 
Thereafter3,851 
Total undiscounted operating lease liability31,963 
Imputed interest2,914 
Total operating lease liability included in the accompanying balance sheet$29,049 
Weighted Average Remaining Life - Operating Leases (years)5.09
Weighted Average Rate - Operating Leases3.52 %
The components of total lease expense was as follows for the years ended December 31,:
20252024
Operating leases$7,960 $7,422 
Short-term leases331 395 
Sublease income(181)(188)
Net lease expense$8,110 $7,629 
Total lease expense for the year ended December 31, 2023 was $7,670.
We do not currently have any significant finance leases in which we are the lessee, material related-party leases, leases containing residual value guarantees or restrictive covenants.