Leases (Tables)

9 Months Ended

Sep. 30, 2024

Operating and finance lease costs and cash flows resulting from these leases are presented below:


	Three Months Ended Sep 30,				Nine Months Ended Sep 30,
($ in thousands)	2024		2023		2024		2023
Operating lease costs	$	1,631	$	1,594	$	4,727	$	4,536
Finance lease costs	23		23		68		69
Operating lease cash flows	1,795		1,917		5,027		5,442
Finance lease cash flows	23		23		69		69

Assets And Liabilities, Lessee [Table Text Block]

The right-of-use asset and lease liability by lease classifications on the consolidated balance sheets were as follows:


($ in thousands)	Consolidated Balance Sheets Category	Sep 30, 2024		Dec 31, 2023
Operating lease right-of-use asset	Premises and equipment	$	28,425	$	24,712
Finance lease right-of-use asset	Other assets	303		368
Operating lease liability	Accrued expenses and other liabilities	30,723		27,311
Finance lease liability	Other long-term funding	317		383

Lessee, Lease Information [Table Text Block]

The lease payment obligations, weighted-average remaining lease term, and weighted-average original discount rate were as follows:


	Sep 30, 2024					Dec 31, 2023
($ in thousands)	Lease Payments		Weighted-average Lease Term (in years)	Weighted-average Discount Rate		Lease Payments		Weighted-average Lease Term (in years)	Weighted-average Discount Rate
Operating leases
Retail and corporate offices	$	31,317	6.51	3.65	%	$	25,729	5.76	3.12	%
Land	3,435		6.69	3.51	%	4,050		6.98	3.48	%
Equipment	204		1.75	4.62	%	408		2.50	4.62	%
Total operating leases	$	34,955	6.50	3.64	%	$	30,187	5.88	3.19	%
Finance leases
Retail and corporate offices	$	324	3.50	1.32	%	$	394	4.25	1.32	%

Total finance leases	$	324	3.50	1.32	%	$	394	4.25	1.32	%

Amortization of operating lease liabilities

Contractual lease payment obligations for each of the next five years and thereafter, in addition to a reconciliation to the Corporation’s lease liability, were as follows:


($ in thousands)	Operating Leases		Finance Leases		Total Leases
Three months ended December 31, 2024	$	1,590	$	23	$	1,613
2025	6,550		93		6,643
2026	6,062		93		6,155
2027	5,401		93		5,493
2028	4,727		23		4,750
Beyond 2028	10,625		—		10,625
Total lease payments	$	34,955	$	324	$	35,279
Less: interest	4,232		7		4,239
Present value of lease payments	$	30,723	$	317	$	31,040