Operating Leases (Tables)

6 Months Ended

Jun. 30, 2021

Operating Leases [Abstract]

Other Information Related to Leases

Other information related to leases was as follows:

(dollars in thousands)	Three months ended June 30,
	2021		2020
Operating lease cost	$	2,003		1,932
Variable lease cost		507		675
Total Lease costs	$	2,510		2,607

(dollars in thousands)	Six months ended June 30,
	2021		2020
Operating lease cost	$	4,019		3,927
Variable lease cost		1,009		1,155
Total Lease costs	$	5,028		5,082

Supplemental Cash Flows Information

(dollars in thousands)	Six months ended June 30,
	2021			2020
Supplemental cash flows information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	4,074			4,010
Right-of-use assets obtained in exchange for lease obligations:		1,107			287
Weighted average remaining lease term	8.9 years			9.0 years
Weighted average discount rate		3.13	%		3.25	%

Future Minimum Lease Payments

Future minimum lease payments under non-cancellable leases as of June 30, 2021 were as follows:

(dollars in thousands)
Year ending December 31,
2021(a)	$	4,092
2022		7,780
2023		7,475
2024		7,350
2025		6,976
Thereafter		24,616
Total lease payments	$	58,289
Less: Interest		7,703
Present value of lease liabilities	$	50,586

(a) Excluding the six months ended June 30, 2021.