v3.26.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Supplemental Lease Information
Supplemental lease information at or for the three months ended March 31, 2026, and March 31, 2025 is as follows (dollars in thousands):
Three Months Ended March 31,
20262025
Operating lease cost$1,467 $1,462 
Variable lease cost1,045 1,200 
Net lease cost$2,512 $2,662 
Cash paid for amounts included in measurement of operating lease liabilities$1,559 $1,614 
Right-of-use assets obtained in exchange for new operating lease liabilities$— $753 
Weighted average remaining lease term (in years)10.64 years10.69 years
Weighted average discount rate 3.77 %3.69 %
Schedule of Lease Payment Obligations
The following table summarizes lease payment obligations for each of the next five years and thereafter in addition to a reconcilement to the Company's current lease liability (in thousands):
YearAmount
2026$4,450 
20274,940 
20284,691 
20293,235 
20302,793 
Thereafter15,490 
Total lease payments35,599 
Less: imputed interest(7,251)
Present value of lease liabilities$28,348