v3.26.1
LEASES (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Summary of Lease Expense and Other Information Related to Operating Leases
Three Months Ended
Six Months Ended
June 30,
June 30,
(Dollars in Thousands)
2026
2025
2026
2025
Operating lease expense
$
909
$
897
$
1,824
$
1,761
Short-term lease expense
181
240
328
551
Total lease expense
$
1,090
$
1,137
$
2,152
$
2,312
Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases
$
925
$
882
$
1,845
$
1,794
Right-of-use assets obtained in exchange for new operating lease liabilities
715
1,117
816
3,997
Weighted average
remaining lease term — operating leases (in years)
15.4
15.8
15.4
15.8
Weighted average
discount rate — operating leases
3.7%
3.7%
3.7%
3.7%
Summary of Maturity of Remaining Lease Liabilities
The table below summarizes the maturity of remaining lease liabilities:
(Dollars in Thousands)
June 30, 2026
2026
$
1,853
2027
3,534
2028
3,271
2029
2,986
2030
2,939
2031 and thereafter
18,792
Total
$
33,375
Less: Interest
(7,004)
Present Value
of Lease liability
$
26,371