v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease Costs

Lease costs for the three and six months ended June 30, 2026 and 2025 were as follows and are included in occupancy and equipment expense on the consolidated statements of income:

 

 

For the Three Months
Ended June 30,

 

 

For the Six Months
Ended June 30,

 

(Dollars in thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease cost

 

$

876

 

 

$

836

 

 

$

1,736

 

 

$

1,677

 

Short-term lease cost

 

 

20

 

 

 

2

 

 

 

38

 

 

 

5

 

Variable lease cost

 

 

367

 

 

 

345

 

 

 

732

 

 

 

712

 

Total lease cost

 

$

1,263

 

 

$

1,183

 

 

$

2,506

 

 

$

2,394

 

Schedule of Lease Liabilities by Contractual Maturity for Operating Leases

A schedule of the Company's lease liabilities by contractual maturity for operating leases with initial or remaining terms in excess of one year for each year through 2031 and thereafter is presented below:

(Dollars in thousands)

 

June 30, 2026

 

2026 (six months remaining)

 

$

1,768

 

2027

 

 

3,537

 

2028

 

 

3,288

 

2029

 

 

3,127

 

2030

 

 

2,684

 

2031

 

 

2,488

 

Thereafter

 

 

3,983

 

Total undiscounted lease liability

 

 

20,875

 

Less: Discount on cash flows

 

 

(2,864

)

Total operating lease liability

 

$

18,011