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LEASES (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Lease balance sheet location The following table presents the classification of the right-of-use assets and corresponding liabilities within the Consolidated Balance Sheets, as of the dates noted:
December 31,
(dollars in thousands)20242023
Lease Right-of-Use AssetsClassification
Operating lease right-of-use assetsOther assets$19,161 $8,929 
Lease LiabilitiesClassification
Operating lease liabilitiesOther liabilities$20,959 $10,900 
Schedule of weighted average lease term and discount rate The following table presents information related to operating leases:
December 31,
20242023
Weighted-Average Remaining Lease Term
Operating leases9.09 years4.67 years
Weighted-Average Discount Rate
Operating leases4.14%2.78%
Lease costs The following table represents the Company’s net lease costs during the periods presented:
Year Ended December 31,
(dollars in thousands)20242023
Lease Costs
Operating lease cost$3,370 $2,964 
Variable lease cost2,282 1,953 
Lease costs, net$5,652 $4,917 
Schedule of minimum lease payments due
The following table 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
2025$3,047 
20261,673 
20271,330 
20281,200 
20293,000 
Thereafter16,632 
Total future minimum lease payments26,882 
Less: imputed interest(5,923)
Present value of net future minimum lease payments$20,959 
Summary of maturity analysis of the company's operating payments to be received
The following table presents a maturity analysis of the Company’s lease payments to be received on an annual basis for each of the next three years and total amounts thereafter (dollars in thousands):
Year Ending December 31,Undiscounted Operating Lease Income
2025$194
2026149
2027124
Thereafter—
Total undiscounted operating lease income$467