Leases	6 Months Ended
Jun. 30, 2025
Leases
Leases	Note 11 — Leases The Company leases certain buildings, land and equipment that are classified as operating leases. These leases have remaining lease terms of up to approximately 16 years. Operating lease cost totaled $366 and $368 in the second quarter 2025 and 2024, respectively, and $731 and $735 in first half 2025 and 2024, respectively. Cash paid for operating lease liabilities totaled $355 and $342 in the second quarter of 2025 and 2024, respectively, and $708 and $601 in first half 2025 and 2024, respectively. As of June 30, 2025 and 2024, operating lease right-of-use assets were $5,554 and $6,607, respectively, and operating lease liabilities were $5,901 and $6,899, respectively. The weighted-average remaining lease term related to these operating leases was 11.0 years and 10.9 years as of June 30, 2025 and 2024, respectively. The weighted-average discount rate related to the Company’s operating leases was 3.6% and 3.7% as of June 30, 2025 and 2024, respectively. Maturities of the Company’s operating lease liabilities at June 30, 2025 are as follows: $714 in 2025 (rest of year), $781 in 2026, $709 in 2027, $315 in 2028, $119 in 2029 and $3,263 thereafter. The Company, as lessor, rents certain commercial real estate to third-party lessees. The June 30, 2025 and 2024 cost related to these leased properties was $51,228 and $51,370, respectively, and the accumulated depreciation related to these leased properties was $19,617 and $18,492, respectively. Terms of such leases, including renewal options, may be extended for up to fifty-five years, many of which provide for periodic adjustment of rent payments based on changes in consumer or other price indices. The Company recognizes lease income on a straight-line basis over the lease term. Lease income was $1,826 and $1,835 in second quarter 2025 and 2024, respectively, and $3,613 and $3,422 in first half 2025 and 2024, respectively, and is classified in cash flows from operating activities.

Leases

6 Months Ended

Jun. 30, 2025

Note 11 — Leases

The Company leases certain buildings, land and equipment that are classified as operating leases. These leases have remaining lease terms of up to approximately 16 years. Operating lease cost totaled $366 and $368 in the second quarter 2025 and 2024, respectively, and $731 and $735 in first half 2025 and 2024, respectively. Cash paid for operating lease liabilities totaled $355 and $342 in the second quarter of 2025 and 2024, respectively, and $708 and $601 in first half 2025 and 2024, respectively. As of June 30, 2025 and 2024, operating lease right-of-use assets were $5,554 and $6,607, respectively, and operating lease liabilities were $5,901 and $6,899, respectively. The weighted-average remaining lease term related to these operating leases was 11.0 years and 10.9 years as of June 30, 2025 and 2024, respectively. The weighted-average discount rate related to the Company’s operating leases was 3.6% and 3.7% as of June 30, 2025 and 2024, respectively. Maturities of the Company’s operating lease liabilities at June 30, 2025 are as follows: $714 in 2025 (rest of year), $781 in 2026, $709 in 2027, $315 in 2028, $119 in 2029 and $3,263 thereafter.

The Company, as lessor, rents certain commercial real estate to third-party lessees. The June 30, 2025 and 2024 cost related to these leased properties was $51,228 and $51,370, respectively, and the accumulated depreciation related to these leased properties was $19,617 and $18,492, respectively. Terms of such leases, including renewal options, may be extended for up to fifty-five years, many of which provide for periodic adjustment of rent payments based on changes in consumer or other price indices. The Company recognizes lease income on a straight-line basis over the lease term. Lease income was $1,826 and $1,835 in second quarter 2025 and 2024, respectively, and $3,613 and $3,422 in first half 2025 and 2024, respectively, and is classified in cash flows from operating activities.