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Leases (Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Schedule of Lease Costs and Other Lease Information
The following table presents lease costs and other lease information.
Three Months Ended
(dollars in thousands)March 31, 2023March 31, 2022
Lease cost
Operating lease cost (cost resulting from lease payments)$1,716 $1,840 
Variable lease cost (cost excluded from lease payments)256 231 
Sublease income(30)(87)
Net lease cost$1,942 $1,984 
Operating lease - operating cash flows (fixed payments)$1,859 $1,820 
(dollars in thousands)March 31, 2023December 31, 2022
Operating lease right-of-use assets$23,060 $24,544 
Operating lease liabilities$27,634 $29,267 
Weighted average lease term - operating leases5.34yrs5.50yrs
Weighted average discount rate - operating leases2.87 %2.91 %
Schedule of Future Minimum Payments for Operating Leases
Future minimum payments for operating leases with initial or remaining terms of more than one year as of March 31, 2023 were as follows:
(dollars in thousands)
Twelve months ended:  
March 31, 2024$5,339 
March 31, 20256,880 
March 31, 20265,987 
March 31, 20272,894 
March 31, 20282,502 
Thereafter5,776 
Total future minimum lease payments29,378 
Amounts representing interest(1,744)
Present value of net future minimum lease payments$27,634