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Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Operating Lease Terms
The following table presents information regarding the Corporation’s operating leases:
At December 31, 20252024
Operating lease ROU assets
$35,904 $26,943 
Operating lease liabilities$38,726 $29,578 
Weighted average discount rate5.41%3.80%
Range of lease expiration dates
4 months - 22 years
4 months - 23 years
Range of lease renewal options
3 years - 15 years
1 year - 5 years
Weighted average remaining lease term
12.9 years12.6 years
Schedule of Remaining Operating Lease Payments, Inclusive of Renewal Options
The following table presents the undiscounted annual lease payments under the terms of the Corporation’s operating leases at December 31, 2025, including a reconciliation to the present value of operating lease liabilities recognized in the Consolidated Balance Sheets:
(Dollars in thousands)
Years ending December 31:2026$4,882 
20274,485 
20284,205 
20294,101 
20304,109 
2031 and thereafter32,472 
Total operating lease payments54,254 
Less: interest15,528 
Present value of operating lease liabilities (1)
$38,726 
(1)Includes short-term operating lease liabilities of $3.0 million.
Schedule of Total Lease Expense
The following table presents the components of total lease expense and operating cash flows:
(Dollars in thousands)
Year ended December 31,202520242023
Lease Expense:
Operating lease expense$5,298 $4,482 $4,476 
Variable lease expense206 170 201 
Total lease expense (1)
$5,504 $4,652 $4,677 
Cash Paid:
Cash paid reducing operating lease liabilities$5,111 $4,510 $4,275 
(1)Included in net occupancy expenses in the Consolidated Statements of Income (Loss).