Leases (Tables)

3 Months Ended

Mar. 31, 2025

Leases

Schedule of supplemental balance sheet information

Supplemental balance sheet information related to finance leases is as follows (in thousands).

	March 31,		December 31,
	2025		2024
Finance leases:
Premises and equipment	$	4,780	$	4,780
Accumulated depreciation		(4,126)		(4,042)
Premises and equipment, net	$	654	$	738

Schedule of components of lease costs

The components of lease costs, including short-term lease costs, are as follows (in thousands).

	Three Months Ended March 31,
	2025		2024
Operating lease cost	$	8,235	$	8,560
Less operating lease and sublease income		(452)		(681)
Net operating lease cost	$	7,783	$	7,879
Finance lease cost:
Amortization of ROU assets	$	84	$	147
Interest on lease liabilities		76		95
Total finance lease cost	$	160	$	242

Schedule of supplemental cash flow information

Supplemental cash flow information related to leases is as follows (in thousands).

	Three Months Ended March 31,
	2025		2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	8,760	$	9,308
Operating cash flows from finance leases		78		97
Financing cash flows from finance leases		144		229
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	9,059	$	13,400
Finance leases		—		—

Schedule of lease terms and discount rates

	March 31, 2025			December 31, 2024
	Weighted Average			Weighted Average
	Remaining Lease	Weighted Average		Remaining Lease	Weighted Average
Lease Classification	Term (Years)	Discount Rate		Term (Years)	Discount Rate
Operating	5.2	5.89	%	5.3	5.74	%
Finance	2.5	5.06	%	2.7	5.08	%

Schedule of future minimum lease payments under operating leases

Future minimum lease payments under lease agreements as of March 31, 2025, are presented below (in thousands).

	Operating Leases		Finance Leases
2025	$	22,834	$	665
2026		27,235		813
2027		22,404		448
2028		17,437		149
2029		15,278		—
Thereafter		23,853		—
Total minimum lease payments		129,041		2,075
Less amount representing interest		(18,226)		(482)
Lease liabilities	$	110,815	$	1,593

Schedule of future minimum lease payments under finance leases

Future minimum lease payments under lease agreements as of March 31, 2025, are presented below (in thousands).

	Operating Leases		Finance Leases
2025	$	22,834	$	665
2026		27,235		813
2027		22,404		448
2028		17,437		149
2029		15,278		—
Thereafter		23,853		—
Total minimum lease payments		129,041		2,075
Less amount representing interest		(18,226)		(482)
Lease liabilities	$	110,815	$	1,593