v3.26.1
Leases
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases Leases
We have operating leases for offices, branches, equipment and other items.
In the first quarter of 2026, the Bank opened a leased banking office in Beverly Hills, California that supports relationship development and client coverage in the Los Angeles market.
The variable lease cost primarily represents variable payments such as common area maintenance and utilities, which are included in the occupancy and equipment expenses on the Consolidated Statements of Operations.
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Operating lease cost$368 $133 $509 $241 
Supplemental balance sheet information related to our operating lease arrangements is presented below:
(In thousands)June 30, 2026December 31, 2025
Operating Leases:
Operating lease right-of-use assets$2,856 $1,134 
Operating lease liabilities$2,930 $1,203 
Weighted average remaining lease term5.1 years8.0 years
Weighted average discount rate %4.1 %3.7 %
The table below presents the supplemental cash flow information related to the leases:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$226 $97 $371 $201