XML 90 R46.htm IDEA: XBRL DOCUMENT v3.26.1
Leasing (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Cost The table below summarizes lease-related balances that the Company reported on its consolidated balance sheets and lease terms:
December 31,
20252024
(dollars in thousands)
Lease balances
Right of use assets$31,281 $30,187 
Lease liabilities32,557 31,522 
Lease terms
Operating leases
Year through which lease terms extend20492049
Weighted average remaining lease term23.825.1
Weighted average discount rate3.91 %3.80 %
Finance leases
Year through which lease terms extend20382027
Weighted average remaining lease term3.12.1
Weighted average discount rate1.49 %1.49 %
The following table presents lease costs, which are included in net occupancy and equipment expenses on the Consolidated Statements of Income:
December 31,
20252024
(dollars in thousands)
Lease costs
Operating lease costs$3,506 $3,633 
Finance lease costs5 5 
Short-term lease costs680 493 
Total lease costs$4,191 $4,132 
Cash paid for amounts included in the measurement of lease liabilities was as follows:
December 31,
20252024
(dollars in thousands)
Cash flows related to leases
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$3,539 $3,585 
Financing cash flows from finance leases5 5 
Operating lease cash flows - liability reduction2,902 2,570 
ROU assets obtained during the period in exchange for operating lease liabilities3,938 606 
ROU assets obtained during the period in exchange for financing lease liabilities- - 
Schedule of Future Minimum Lease Payments - Operating Leases
The Company’s undiscounted operating lease liabilities are scheduled to mature as follows:
As of December 31,
2025
(dollars in thousands)
Rent commitments
2026$3,440 
20273,085 
20282,837 
20292,676 
20302,332 
Thereafter36,184 
Total undiscounted cash flows50,555 
Less: Amounts representing interest(17,997)
Present value of future minimum lease payments$32,557