v3.26.1
PREMISES, EQUIPMENT AND LEASES (Tables)
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Summary of Premises and Equipment
A summary of premises, equipment and leases at June 30, 2026 and December 31, 2025 is as follows:
June 30,December 31,
(dollars in thousands)20262025
Land$15,856 $15,856 
Buildings and improvements87,047 86,429 
Furniture and equipment38,534 38,303 
Lease right-of-use assets7,425 8,117 
Total148,862 148,705 
Accumulated depreciation(65,964)(63,571)
Premises and equipment, net$82,898 $85,134 
Summary of Information Related to Operating Leases
Information related to operating leases for the three and six months ended June 30, 2026 and 2025 was as follows:
Three Months Ended June 30,Six Months Ended June 30,
(dollars in thousands)2026202520262025
Operating lease cost$507 $480 $988 $978 
Operating cash flows from leases538 485 1,041 1,003 
Right-of-use assets obtained in exchange for lease obligations92 — 128 837 
Weighted average remaining lease term5.7 years6.5 years5.7 years6.5 years
Weighted average discount rate3.72 %3.72 %3.72 %3.72 %
Summary of Projected Minimum Rental Payments
The projected minimum rental payments under the terms of the leases as of June 30, 2026 were as follows:
(dollars in thousands)Amount
Year ending December 31:
2026 remaining$903 
20271,929 
20281,855 
20291,655 
20301,073 
Thereafter2,190 
Total future minimum lease payments9,605 
Less imputed interest(979)
Total operating lease liabilities$8,626