v3.26.3
Operating Leases (Tables)
9 Months Ended
Sep. 30, 2026
Operating Leases [Abstract]  
Other Information Related to Leases
Other information related to leases was as follows:

(dollars in thousands)
 
Three months ended
 
   
September 30,
 
   
2026
   
2025
 
Operating lease cost
 
$
1,959
   
$
2,012
 
Variable lease cost
   
526
     
559
 
                 
Total Lease costs
 
$
2,485
   
$
2,571
 

(dollars in thousands)
 
Nine months ended
 
   
September 30,
 
   
2026
   
2025
 
Operating lease cost
 
$
5,792
   
$
6,063
 
Variable lease cost
   
1,708
     
1,710
 
                 
Total Lease costs
 
$
7,500
   
$
7,773
 
                 
Supplemental Cash Flows Information
(dollars in thousands)
(dollars in thousands)
 
Nine months ended
 
   
September 30,
 
   
2026
   
2025
 
Supplemental cash flows information:
           
Cash paid for amounts included in the measurement of
           
lease liabilities:
           
Operating cash flows from operating leases
 
$
5,337
   
$
6,527
 
                 
Right-of-use assets obtained in exchange for lease obligations:
   
4,021
     
3,656
 
                 
Weighted average remaining lease term
 
8.0 years
   
8.3 years
 
Weighted average discount rate
   
3.45
%
   
3.34
%
Future Minimum Lease Payments
Future minimum lease payments under non-cancellable leases as of September 30, 2026 were as follows:

(dollars in thousands)
 
       
Year ending
     
December 31,
     
2026(a)
 
$
2,045
 
2027
   
7,515
 
2028
   
6,348
 
2029
   
4,975
 
2030
   
3,903
 
Thereafter
   
15,434
 
Total lease payments
 
$
40,220
 
Less: Interest
   
5,145
 
 
       
Present value of lease liabilities
 
$
35,075
 

(a) Excluding the nine months ended September 30, 2026.