v3.26.1
Operating Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Operating Leases [Abstract]  
Other Information Related to Leases
Other information related to leases was as follows:

(dollars in thousands)
  
Three months ended
  
 
  
March 31,
  
 
  
2026
    
2025
  
Operating lease cost
  
$
1,964
    
$
2,006
  
Variable lease cost
    
585
      
632
  

               
Total Lease costs
  
$
2,549
    
$
2,638
  
Supplemental Cash Flows Information
(dollars in thousands)
  
Three months ended
  
 
  
March 31,
  
 
  
2026
    
2025
  
Supplemental cash flows information:
            
Cash paid for amounts included in the measurement of
            
lease liabilities:
            
Operating cash flows from operating leases
  
$
2,076
    
$
2,139
  
 
                
Right-of-use assets obtained in exchange for lease obligations:
    
1,312
      
-
  
 
                
Weighted average remaining lease term
  
8.2 years
    
8.2 years
  
Weighted average discount rate
    
3.39
%
    
3.22
%
Future Minimum Lease Payments
Future minimum lease payments under non-cancellable leases as of March 31, 2026 were as follows:

(dollars in thousands)
  
 
      
Year ending
      
December 31,
      
2026(a)
  
$
6,084
  
2027
    
7,000
  
2028
    
5,825
  
2029
    
4,452
  
2030
    
3,381
  
Thereafter
    
14,498
  
Total lease payments
  
$
41,240
  
Less: Interest
    
5,320
  
 
        
Present value of lease liabilities
  
$
35,920
  

(a) Excluding the three months ended March 31, 2026.