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Leases (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Summary of Information Related to Leases

The following table sets forth information related to our leases as of the periods indicated.

 

 

June 30

 

 

December 31

 

 

Dollars in thousands

 

2021

 

 

2020

 

 

Right of use asset

 

$

24,865

 

 

$

11,789

 

 

Weighted average discount rate

 

 

3.37

%

 

 

2.94

%

 

Weighted average remaining maturity (months)

 

 

345

 

 

 

66

 

 

 

 

 

 

 

 

 

 

 

 

The following table sets forth operating lease expense for the periods indicated:

 

 

June 30

 

 

In thousands

 

2021

 

 

2020

 

 

Three months ended

 

$

1,452

 

 

$

1,443

 

 

Six months ended

 

 

2,799

 

 

 

2,885

 

 

Summary of Future Minimum Lease Payments

The following table sets forth required future minimum lease payments for the years indicated:

 

 

In thousands

 

 

 

 

 

 

 

2021

 

 

 

$

2,595

 

 

2022

 

 

 

 

4,299

 

 

2023

 

 

 

 

2,868

 

 

2024

 

 

 

 

2,280

 

 

2025

 

 

 

 

1,962

 

 

Thereafter

 

 

 

 

40,437