v3.26.3
LEASES (Tables)
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Lease balance sheet location
The Company elected to not include short-term leases with initial terms of twelve months or less on the Condensed Consolidated Balance Sheets. The following presents the classification of the right-of-use assets and corresponding liabilities within the Condensed Consolidated Balance Sheets, as of the dates noted:
(dollars in thousands)September 30,
2026		December 31,
2025
Lease Right-of-Use AssetsClassification
Operating lease right-of-use assetsOther assets$17,744 $20,479 
Lease LiabilitiesClassification
Operating lease liabilitiesOther liabilities$21,623 $23,012 
Schedule of weighted average lease term and discount rate
September 30,
2026		December 31,
2025
Weighted-Average Remaining Lease Term
Operating leases7.84 years8.06 years
Weighted-Average Discount Rate
Operating leases4.26 %4.19 %
Lease costs The following presents the Company’s net lease costs during the periods presented:
(dollars in thousands)
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Lease Costs
Operating lease cost$878 $892 $2,701 $2,670 
Variable lease cost460 571 1,065 1,765 
Lease costs, net$1,338 $1,463 $3,766 $4,435 
Schedule of minimum lease payments due
The following presents a maturity analysis of the Company’s operating lease liabilities on an annual basis for each of the next five years and total amounts thereafter (dollars in thousands):
Year Ending December 31,Operating Leases
2026⁽¹⁾$43 
20272,315 
20282,076 
20293,948 
20303,810 
Thereafter14,448 
Total future minimum lease payments26,640 
Less: imputed interest(5,017)
Present value of net future minimum lease payments$21,623 
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(1)Amount represents the remaining three months of year.
Summary of maturity analysis of the Company's operating payments to be received
The following presents a maturity analysis of the Company's lease payments to be received on an annual basis for each of the next five years and total amounts thereafter (dollars in thousands):
Year Ending December 31,Undiscounted
Operating Lease Income
2026⁽¹⁾$53 
2027185 
202854 
202956 
203058 
Thereafter15 
Total undiscounted operating lease income$421 
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(1)Amount represents the remaining three months of the year.