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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases  
Summary of supplemental balance sheet information related to leases

(Dollars in thousands)

December 31, 2024

December 31, 2023

Operating lease ROU assets

$

45,800

$

39,557

Operating lease liabilities

$

46,443

$

40,822

Weighted-average remaining lease term-operating leases

7.3 years

6.1 years

Weighted average discount rate-operating leases

4.0%

3.2%

Schedule of components of lease expense and cash flow information related to leases

For the years ended December 31,

(In thousands)

Line Item Presented

2024

2023

2022

Lease Cost

 

  

 

  

 

  

Operating lease cost

Occupancy and equipment

$

9,100

$

8,737

$

8,510

Operating lease cost

Other operating expenses

65

89

93

Short-term lease cost

Professional Services, Occupancy and equipment and Other operating expenses

 

137

 

212

 

193

Variable lease cost

Occupancy and equipment

 

1,247

 

1,128

 

999

Total lease cost

$

10,549

$

10,166

$

9,795

Other information

 

 

  

 

  

Cash paid for amounts included in the measurement of lease liabilities:

 

  

 

  

Operating cash flows from operating leases

$

9,835

$

10,429

$

9,459

Supplemental disclosure of non-cash activities:

Right-of-use assets obtained in exchange for new operating lease liabilities

$

13,806

$

3,866

$

1,208

Schedule of Minimum annual rental payments for Bank facilities due under non-cancelable leases

Minimum Rental

(In thousands)

Years ended December 31:

2025

$

8,895

2026

9,808

2027

6,158

2028

5,928

2029

4,627

Thereafter

19,419

Total minimum payments required

54,835

Less: implied interest

(8,392)

Total lease obligations

$

46,443