XML 39 R29.htm IDEA: XBRL DOCUMENT v3.22.2.2
Leases (Tables)
9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Summary of Supplemental Balance Sheet Information The following table contains supplemental balance sheet information related to leases (dollars in thousands):

 

 

 

September 30, 2022

 

 

September 30, 2021

 

 

December 31, 2021

 

Operating lease right-of-use assets

 

$

15,194

 

 

$

16,120

 

 

$

15,116

 

Operating lease liabilities

 

 

15,425

 

 

 

16,315

 

 

 

15,322

 

Weighted-average remaining lease term (in years)

 

 

6.1

 

 

 

6.7

 

 

 

6.6

 

Weighted-average discount rate

 

 

2.68

%

 

 

2.64

%

 

 

2.70

%

40

 

 

 

Summary of Maturities of Lease Liabilities

Maturities of lease liabilities are as follows (in thousands):

 

Year ending December 31,

 

 

 

 

 

 

2022

 

 

$

760

 

 

2023

 

 

 

2,948

 

 

2024

 

 

 

2,599

 

 

2025

 

 

 

2,163

 

 

2026

 

 

 

2,052

 

Thereafter

 

 

 

8,063

 

Total lease payments

 

 

 

18,585

 

Less imputed interest

 

 

 

(3,160

)

Total lease liability

 

 

$

15,425

 

Summary of Components of Lease Expense

The components of lease expense for the three and nine months ended September 30, 2022 and 2021 were as follows (in thousands):

 

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Operating lease cost

 

$

893

 

 

$

604

 

 

$

2,268

 

 

$

2,052

 

Short-term lease cost

 

 

21

 

 

 

11

 

 

 

63

 

 

 

96

 

Variable lease cost

 

 

43

 

 

 

373

 

 

 

502

 

 

 

622

 

Total lease cost

 

 

957

 

 

 

988

 

 

 

2,833

 

 

 

2,770

 

Income from subleases

 

 

(109

)

 

 

(132

)

 

 

(299

)

 

 

(452

)

Net lease cost

 

$

848

 

 

$

856

 

 

$

2,534

 

 

$

2,318

 

Summary of Operating Lease Cash Flows Cash paid for amounts included in the measurement of lease liabilities was (in thousands):

 

 

September 30, 2022

 

 

September 30, 2021

 

Operating cash flows from operating leases

 

$

2,286

 

 

$

2,161