LEASE COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2026

Supplemental Information Regarding Leases

Supplemental information related to leases as of and for the six months ended June 30, 2026 was as follows:

Operating Leases

Classification

June 30, 2026

Assets

(dollars in thousands)

Operating lease right-of-use assets

Other assets

25,975

Liabilities

Operating lease liabilities (1)

Other liabilities

34,222

Lease term and discount rate

Weighted average remaining lease term

15.7 years

Weighted average discount rate (1)

7.0%

Cash paid for amounts included in the measurement of lease liabilities

Operating cash flows from operating leases

130

(1) For the Company’s leases that do not provide an implicit rate, the Company uses an incremental borrowing rate based on the information available at adoption date in determining the present value of lease payments.

Operating Lease Liability Schedule of Maturity

The following table provides details related to maturities of lease liabilities:


	Maturity of Lease Liabilities
Years ending December 31,	(dollars in thousands)
2026 (remaining)	$	131
2027	2,503
2028	3,854
2029	3,831
2030	3,831

Later years	48,210
Total lease payments	$	62,360
Less: imputed interest	28,138
Present value of lease liabilities	$	34,222