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Leases (Tables)
3 Months Ended
Mar. 31, 2024
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, 2024March 31, 2023
Lease cost  
Operating lease cost (cost resulting from lease payments)$1,601 $1,716 
Variable lease cost (cost excluded from lease payments)241 256 
Sublease income(30)(30)
Net lease cost$1,812 $1,942 
Operating lease - operating cash flows (fixed payments)$1,778 $1,859 
(dollars in thousands)March 31, 2024December 31, 2023
Right-of-use assets - operating leases$17,679 $19,129 
Operating lease liabilities$21,611 $23,238 
Weighted average lease term - operating leases4.81
yrs
4.93yrs
Weighted average discount rate - operating leases2.73 %2.78 %
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, 2024 were as follows:
(dollars in thousands)
Twelve months ended:  
March 31, 2025$5,147 
March 31, 20266,078 
March 31, 20272,988 
March 31, 20282,599 
March 31, 20292,176 
Thereafter3,751 
Total future minimum lease payments22,739 
Amounts representing interest(1,128)
Present value of net future minimum lease payments$21,611