Operating Leases (Tables)

6 Months Ended

Jun. 30, 2023

Operating Leases [Abstract]

Other Information Related to Leases

Other information related to leases was as follows:

(dollars in thousands)	Three months ended
	June 30,
	2023		2022
Operating lease cost	$	2,037		2,071
Variable lease cost		619		545
Total Lease costs	$	2,656		2,616

(dollars in thousands)	Six months ended
	June 30,
	2023		2022
Operating lease cost	$	4,087		4,123
Variable lease cost		1,204		1,141
Total Lease costs	$	5,291		5,264

Supplemental Cash Flows Information

(dollars in thousands)	Six months ended
	June 30,
	2023			2022
Supplemental cash flows information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	4,165			4,186
Right-of-use assets obtained in exchange for lease obligations:		1,653			2,484
Weighted average remaining lease term	8.7 years			9.2 years
Weighted average discount rate		3.05	%		2.97	%

Future Minimum Lease Payments

Future minimum lease payments under non-cancellable leases as of June 30, 2023 were as follows:

(dollars in thousands)
Year ending
December 31,
2023(a)	$	4,212
2024		8,379
2025		7,978
2026		7,004
2027		5,767
Thereafter		20,522
Total lease payments	$	53,862
Less: Interest		6,690
Present value of lease liabilities	$	47,172

^(a) Excluding the six months ended June 30, 2023.