Operating Leases (Tables)

9 Months Ended

Sep. 30, 2021

Operating Leases [Abstract]

Other Information Related to Leases

Other information related to leases was as follows:

(dollars in thousands)	Three months ended September 30,
	2021		2020
Operating lease cost	$	2,010		1,966
Variable lease cost		499		369
Total Lease costs	$	2,509		2,335

(dollars in thousands)	Nine months ended September 30,
	2021		2020
Operating lease cost	$	6,029		5,893
Variable lease cost		1,508		1,524
Total Lease costs	$	7,537		7,417

Supplemental Cash Flows Information

(dollars in thousands)	Nine months ended September 30,
	2021			2020
Supplemental cash flows information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	6,121			6,022
Right-of-use assets obtained in exchange for lease obligations:		2,696			287
Weighted average remaining lease term	8.7 years			8.9 years
Weighted average discount rate		3.07	%		3.25	%

Future Minimum Lease Payments

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

(dollars in thousands)
Year ending December 31,
2021(a)	$	2,072
2022		8,014
2023		7,719
2024		7,595
2025		7,223
Thereafter		25,291
Total lease payments	$	57,914
Less: Interest		7,399
Present value of lease liabilities	$	50,515

(a) Excluding the nine months ended September 30, 2021.