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LEASES (Tables)
 6 Months Ended
Jun. 30, 2023
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).
June 30,
2023		December 31,
2022
Lease Right-of-Use AssetsClassification
Operating lease right-of-use assetsOther assets$9,033 $8,602 
Lease LiabilitiesClassification
Operating lease liabilitiesOther liabilities$11,323 $11,163 
Schedule of weighted average lease term and discount rate
June 30,
2023		December 31,
2022
Weighted-Average Remaining Lease Term
Operating leases4.72 years4.85 years
Weighted-Average Discount Rate
Operating leases2.73 %2.63 %
Lease costs The following presents the Company’s net lease costs during the periods presented (dollars in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Lease Costs
Operating lease cost$775 $824 $1,519 $1,619 
Variable lease cost480 528 973 1,086 
Lease costs, net$1,255 $1,352 $2,492 $2,705 
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
2023⁽¹⁾$1,718 
20243,425 
20252,493 
20261,170 
20271,104 
Thereafter2,046 
Total future minimum lease payments11,956 
Less: imputed interest(633)
Present value of net future minimum lease payments$11,323 
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(1)Amount represents the remaining six 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
2023⁽¹⁾$200 
2024350 
2025143 
202697 
202743 
Thereafter— 
Total undiscounted operating lease income$833 
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(1)Amount represents the remaining six months of the year.