XML 55 R40.htm IDEA: XBRL DOCUMENT v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Lease, Cost [Table Text Block]
Operating and finance lease costs and cash flows resulting from these leases are presented below:
Three Months Ended Jun 30,Six Months Ended Jun 30,
(in thousands)2025202420252024
Operating lease costs$1,682 $1,551 $3,384 $3,096 
Finance lease costs23 46 
Operating lease cash flows1,653 1,592 3,328 3,436 
Finance lease cash flows23 23 46 46 
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 CategoryJun 30, 2025Dec 31, 2024
Operating lease right-of-use assetPremises and equipment$31,795 $33,202 
Operating lease liabilityAccrued expenses and other liabilities34,246 35,596 
Finance lease liabilityOther long-term funding250 295 
Lessee, Lease Information [Table Text Block]
The lease payment obligations, weighted-average remaining lease term, and weighted-average original discount rate were as follows:
Jun 30, 2025Dec 31, 2024
(in thousands)Lease PaymentsWeighted-average Lease Term (in years)Weighted-average Discount RateLease PaymentsWeighted-average Lease Term (in years)Weighted-average Discount Rate
Operating leases
Retail and corporate offices$36,813 7.914.29 %$39,072 8.304.26 %
Land3,567 6.363.82 %3,228 6.633.52 %
Equipment204 1.004.62 %204 1.504.62 %
Total operating leases$40,584 7.734.25 %$42,505 8.134.20 %
Finance leases
Retail and corporate offices$255 2.751.32 %$301 3.251.32 %
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]
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 LeasesFinance LeasesTotal Leases
Six months ended December 31, 2025$3,523 $46 $3,570 
20266,638 93 6,730 
20275,875 93 5,968 
20285,135 23 5,158 
20293,836 — 3,836 
Beyond 202915,577 — 15,577 
Total lease payments$40,584 $255 $40,839 
Less: interest6,338 6,342 
Present value of lease payments$34,246 $250 $34,497