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Operating Leases (Tables)
3 Months Ended
Mar. 31, 2023
Operating Leases [Abstract]  
Other Information Related to Leases
Other information related to leases was as follows:

(dollars in thousands)   Three months ended  

 
March 31,
 
   
2023
   
2022
 
Operating lease cost
 
$
2,050
   
$
2,052
 
Variable lease cost
   
585
     
596
 
                 
Total Lease costs
 
$
2,635
   
$
2,648
 
Supplemental Cash Flows Information
(dollars in thousands)   Three months ended  

 
March 31,
 
   
2023
   
2022
 
Supplemental cash flows information:
           
Cash paid for amounts included in the measurement of lease liabilities:
           
Operating cash flows from operating leases
 
$
2,072
   
$
2,093
 
                 
Right-of-use assets obtained in exchange for lease obligations:
   
385
     
2,087
 
           
   
Weighted average remaining lease term
 
8.7 years
   
9.3 years
 
Weighted average discount rate
   
3.00
%
   
2.96
%
Future Minimum Lease Payments
Future minimum lease payments under non-cancellable leases as of March 31, 2023 were as follows:

(dollars in thousands)
     
       
 Year ending      
December 31,
     
2023(a)
 
$
6,254
 
2024
   
8,287
 
2025
   
7,885
 
2026
   
6,910
 
2027
   
5,631
 
Thereafter
   
19,334
 
Total lease payments
 
$
54,301
 
Less: Interest
   
6,658
 
         
Present value of lease liabilities
 
$
47,643
 

(a)
Excluding the three months ended March 31, 2023.