v3.26.1
Leases (Tables)
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Lease Costs

Lease costs for the three months ended March 31, 2026 and 2025 were as follows and are included in occupancy and equipment expense on the consolidated statements of income:

 

 

For the Three Months
Ended March 31,

 

(Dollars in thousands)

 

2026

 

 

2025

 

Operating lease cost

 

$

860

 

 

$

841

 

Short-term lease cost

 

 

18

 

 

 

3

 

Variable lease cost

 

 

365

 

 

 

367

 

Total lease cost

 

$

1,243

 

 

$

1,211

 

 

Schedule of Lease Liabilities by Contractual Maturity for Operating Leases

A schedule of the Company's lease liabilities by contractual maturity for operating leases with initial or remaining terms in excess of one year for each year through 2031 and thereafter is presented below:

(Dollars in thousands)

 

March 31, 2026

 

2026 (nine months remaining)

 

$

2,646

 

2027

 

 

3,537

 

2028

 

 

3,288

 

2029

 

 

3,127

 

2030

 

 

2,684

 

2031

 

 

2,488

 

Thereafter

 

 

3,983

 

Total undiscounted lease liability

 

 

21,753

 

Less: Discount on cash flows

 

 

(3,077

)

Total operating lease liability

 

$

18,676