The Company leases land and office facilities under long-term, non-cancelable operating lease agreements. The leases expire at various dates through 2039 and do not include renewal options based on economic factors that would have implied that continuation of the lease was reasonably certain. Certain leases provide for increases in future minimum annual rental payments as defined in the lease agreements. The leases generally include real estate taxes and common area maintenance charges in the rental payments. Short-term leases are leases having a term of twelve months or less. The Company does not separate nonlease components from the associated lease component of our operating leases. As a result, the Company accounts for these components as a single component since (i) the timing and pattern of transfer of the nonlease components and the associated lease component are the same and (ii) the lease component, if accounted for separately, would be classified as an operating lease. The Company recognizes short term leases on a straight-line basis and does not record a related right-of-use ("ROU") asset and liability for such leases. In addition, equipment leases were determined to be immaterial and a related ROU asset and liability for such leases is not recorded.

As of March 31, 2026, the balances of the ROU asset and lease liability were $31.8 million and $32.7 million, respectively. As of December 31, 2025, the balances of the ROU asset and lease liability were $33.9 million and $34.8 million, respectively. The ROU asset is included in bank premises and equipment, net, and the lease liability is included in accrued interest payable and other liabilities.


	March 31, 2026		December 31, 2025
2026	$	7,250	$	9,802
2027	7,922		7,689
2028	5,623		5,377
2029	5,329		5,071
2030	5,038		4,767
Thereafter	16,978		16,822
Total future minimum lease payments	$	48,140	$	49,528
Discount effect of cash flows	(15,402)		(14,738)
Present value of net future minimum lease payments	$	32,738	$	34,790


	Three Months Ended
Lease expense:	March 31, 2026			March 31, 2025
Operating lease expense	$	2,417		$	2,307

Variable lease expense	235			270
Total lease expense	$	2,652		$	2,577
Other information:
Cash paid for amounts included in the measurement of lease liabilities	$	2,155		$	2,001
Weighted-average remaining lease term (in years)	7.80			7.30
Weighted-average discount rate	3.60		%	3.62		%