Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Lease, Cost

Supplemental lease information at or for the three and nine months ended September 30, 2023, and September 30, 2022 is as follows (dollars in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023			2022
Operating lease cost	$	1,471	$	1,499	$	4,482		$	4,489
Variable lease cost	1,067		964		2,909			2,792
Net lease cost	$	2,538	$	2,463	$	7,391		$	7,281
Cash paid for amounts included in measurement of operating lease liabilities	$	1,632	$	1,590	$	4,853		$	4,751
Right-of-use assets obtained in exchange for new operating lease liabilities	$	582	$	—	$	645		$	4,983
Weighted average remaining lease term					11.10 years			11.29 years
Weighted average discount rate					3.59		%	3.53		%

Lessee, Operating Lease, Liability, Maturity

The following table summarizes lease payment obligations for each of the next five years and thereafter in addition to a reconcilement to the Company's current lease liability (in thousands):

Year	Amount
2023	$	1,635
2024	6,133
2025	5,792
2026	5,029
2027	4,068
Thereafter	23,146
Total lease payments	45,803
Less: imputed interest	(9,268)
Present value of lease liabilities	$	36,535