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LEASES (Tables)
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Lease Cost
The components of operating lease cost were as follows:
Three months endedNine months ended
(Dollars in thousands)September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Operating lease cost (1)
$3,919 $4,308 $12,547 $12,732 
Sublease income(27)(30)(78)(90)
Net lease cost$3,892 $4,278 $12,469 $12,642 
(1)Includes variable lease cost and short-term lease cost.
Schedule of Balance Sheet Information
Supplemental information related to operating leases was as follows:
(Dollars in thousands)September 30, 2025December 31, 2024
Right-of-use assets$107,267 $131,126 
Lease liabilities$130,465 $152,364 
Lease term and discount rate
Weighted average remaining lease term (in years)11.4612.62
Weighted average discount rate5.24 %5.28 %
Schedule of Lease Maturities
Maturities of operating lease liabilities were as follows:
(Dollars in thousands)September 30, 2025
Remaining in 2025$4,643 
202617,577 
202715,563 
202815,365 
202914,932 
After 2029106,247 
Total lease payments174,327 
Less: Interest(43,862)
Present value of lease liabilities$130,465 
Schedule of Supplemental Cash Flow Information
Supplemental cash flow information related to operating leases was as follows:
Three months endedNine months ended
(Dollars in thousands)September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$4,901 $4,999 $14,368 $14,482 
Schedule of Direct Financing Leases
The components of direct finance lease income are summarized in the table below:
Three months endedNine months ended
(Dollars in thousands)September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Direct financing leases:
Interest income on lease receivable$15,893 $16,051 $48,173 $46,665 
Interest income on deferred fees and costs, net(2,307)(2,034)(6,853)(5,715)
Total direct financing lease net interest income$13,586 $14,017 $41,320 $40,950 
Equipment leasing receivables relate to direct financing leases. The composition of the net investment in direct financing leases was as follows:
(Dollars in thousands)September 30, 2025December 31, 2024
Lease receivables$712,221 $749,968 
Unearned income(113,865)(122,846)
Deferred fees and costs18,900 20,394 
Net investment in direct financing leases$617,256 $647,516