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| Leases | Note 6: Leases The Company has operating leases for various locations with terms ranging from to ten years. Some operating leases include options to extend. The extensions were included in the ROU asset if the likelihood of extension was reasonably certain. The Company elected not to separate non-lease components from lease components for its operating leases. Supplemental balance sheet information related to leases is presented in the table below as of March 31, 2026 and December 31, 2025:
The table below presents the components of lease expenses for the three months ended March 31, 2026 and 2025. Operating lease expenses are included in occupancy and equipment expense on the unaudited condensed income statements.
As of March 31, 2026, the Company has a forward-starting with total net future minimum lease payments of $1.3 million. The lease commences on April 1, 2026, and obligates the Company to use and pay for space over ten years upon commencement. No ROU asset or lease liability has been recorded as of March 31, 2026 because the lease has not commenced. Supplemental cash flow information related to leases is presented in the tables below.
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