Operating Leases (Tables)

3 Months Ended

Mar. 31, 2021

Operating Leases [Abstract]

Other Information Related to Leases

Other information related to leases was as follows:

(dollars in thousands)	Three months ended March 31,
	2021		2020
Operating lease cost	$	2,016	$	1,995
Variable lease cost		502		480
Total Lease costs	$	2,518	$	2,475

Supplemental Cash Flows Information

(dollars in thousands)	Three months ended March 31,
	2021			2020
Supplemental cash flows information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,038		$	1,995
Right-of-use assets obtained in exchange for lease obligations:		302			-
Weighted average remaining lease term	8.9 years			9.2 years
Weighted average discount rate		3.16	%		3.25	%

Future Minimum Lease Payments

Future minimum lease payments under non-cancellable leases as of March 31, 2021 were as follows:

(dollars in thousands)
Year ending December 31,
2021(a)	$	6,155
2022		7,780
2023		7,475
2024		7,350
2025		6,976
Thereafter		23,660
Total lease payments	$	59,396
Less: Interest		7,947
Present value of lease liabilities	$	51,449

^(a) Excluding three months ended March 31, 2021.