v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Operating Lease Costs and Additional Information

The following table presents the operating lease costs and additional information for the years ended December 31, 2025, 2024, and 2023.

 

 

December 31,

 

(Dollars in thousands)

 

2025

 

 

2024

 

 

2023

 

Operating lease costs

 

$

2,350

 

 

$

2,422

 

 

$

2,390

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

 

2,789

 

 

 

2,682

 

 

 

2,472

 

Right-of-use asset obtained in exchange for lease liability

 

 

(226

)

 

 

(237

)

 

 

(226

)

Schedule of Breakout of Operating Leases

The following table presents the breakout of the operating leases as of December 31, 2025 and 2024.

 

 

December 31,

 

(Dollars in thousands)

 

2025

 

 

2024

 

Operating lease right-of-use assets

 

$

6,896

 

 

$

6,922

 

Other current liabilities

 

 

2,205

 

 

 

2,294

 

Operating lease liabilities

 

 

5,041

 

 

 

5,128

 

Total operating lease liabilities

 

 

7,246

 

 

 

7,422

 

Weighted average remaining lease term

 

5.8 years

 

 

4.1 years

 

Weighted average discount rate

 

 

5.90

%

 

5.56%

 

Schedule of Maturities of the Lease Liabilities

At December 31, 2025, maturities of the lease liabilities were as follows:

(Dollars in thousands)

 

 

 

2026

 

$

2,546

 

2027

 

 

1,340

 

2028

 

 

756

 

2029

 

 

777

 

2030

 

 

797

 

Thereafter

 

 

2,070

 

Total lease payments

 

 

8,286

 

Less imputed interest

 

 

1,040

 

Total operating lease liabilities

 

$

7,246