Operating Leases (Tables)

6 Months Ended

Jun. 30, 2022

Operating Leases [Abstract]

Other Information Related to Leases

Other information related to leases was as follows:

(dollars in thousands)	Three months ended June 30,
	2022		2021
Operating lease cost	$	2,071		2,003
Variable lease cost		545		507
Total Lease costs	$	2,616		2,510

(dollars in thousands)	Six months ended June 30,
	2022		2021
Operating lease cost	$	4,123		4,019
Variable lease cost		1,141		1,009
Total Lease costs	$	5,264		5,028

Supplemental Cash Flows Information

(dollars in thousands)	Six months ended June 30,
	2022			2021
Supplemental cash flows information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	4,186			4,074
Right-of-use assets obtained in exchange for lease obligations:		2,484			1,107
Weighted average remaining lease term	9.2 years			8.9 years
Weighted average discount rate		2.97	%		3.13	%

Future Minimum Lease Payments

Future minimum lease payments under non-cancellable leases as of June 30, 2022 were as follows:

(dollars in thousands)
Year ending December 31,
2022(a)	$	4,140
2023		8,234
2024		8,082
2025		7,675
2026		6,700
Thereafter		24,529
Total lease payments	$	59,360
Less: Interest		7,583
Present value of lease liabilities	$	51,777

(a) Excluding the six months ended June 30, 2022.