v3.26.1
Operating Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Operating Leases [Abstract]  
Other Information Related to Leases
Other information related to leases was as follows:

(dollars in thousands)
Three months ended
June 30,
 
2026
    
2025
  
Operating lease cost
  
$
1,788
    
$
2,045
  
Variable lease cost
    
663
      
519
  
 
                
Total Lease costs
  
$
2,451
    
$
2,564
  

(dollars in thousands)
 
Six months ended
June 30,
 
    
2026
      
2025
  
Operating lease cost
  
$
3,833
    
$
4,051
  
Variable lease cost
    
1,182
      
1,151
  
 
                
Total Lease costs
  
$
5,015
    
$
5,202
  
Supplemental Cash Flows Information
(dollars in thousands)
(dollars in thousands)
 
Six months ended
June 30,
 
    
2026
      
2025
  
Supplemental cash flows information:
                
Cash paid for amounts included in the measurement of lease liabilities:
                
Operating cash flows from operating leases
  
$
4,155
    
$
4,412
  
 
                
Right-of-use assets obtained in exchange for lease obligations:
    
3,525
      
3,030
  
 
                
Weighted average remaining lease term
  
8.1 years
    
8.3 years
  
Weighted average discount rate
    
3.42
%
    
3.32
%
Future Minimum Lease Payments
Future minimum lease payments under non-cancellable leases as of June 30, 2026 were as follows:

(dollars in thousands)
  
 
      
Year ending
December 31,


2026(a)
  
$
4,130
  
2027
    
7,409
  
2028
    
6,234
  
2029
    
4,861
  
2030
    
3,790
  
Thereafter
    
15,313
  
Total lease payments
  
$
41,737
  
Less: Interest
    
5,376
  
 
        
Present value of lease liabilities
  
$
36,361
  

(a) Excluding the six months ended June 30, 2026.