Quarter ended June 30,

Six months ended June 30,

2024

2023

2024

2023

(dollars in thousands)

Lease expense:

Operating leases

$

4,004

$

4,854

$

8,035

$

9,803

Short-term leases

84

74

168

237

Sublease income

(317)

(173)

(742)

(269)

Net lease expense included in Occupancy and equipment expense

$

3,771

$

4,755

$

7,461

$

9,771

Other information:

Payments for operating leases

$

4,986

$

5,904

$

9,960

$

11,600

Operating lease right-of-use assets recognized

$

—

$

—

$

—

$

1,727

Period end weighted averages:

Remaining lease term (in years)

3.9

4.5

Discount rate

4.0%

3.8%