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Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases  
Summary of supplemental balance sheet information related to leases

(Dollars in thousands)

March 31, 2025

December 31, 2024

Operating lease ROU assets

$

43,870

$

45,800

Operating lease liabilities

$

44,385

$

46,443

Weighted-average remaining lease term-operating leases

7.2 years

7.3 years

Weighted average discount rate-operating leases

4.0%

4.0%

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

For the three months ended March 31,

(In thousands)

Line Item Presented

2025

2024

Lease Cost

 

  

 

  

Operating lease cost

Occupancy and equipment

$

2,319

$

2,236

Operating lease cost

Other operating expenses

5

19

Short-term lease cost

Professional services, Occupancy and equipment and other operating expenses

 

43

 

42

Variable lease cost

Occupancy and equipment

 

325

 

270

Total lease cost

$

2,692

$

2,567

Other information

 

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

 

Operating cash flows from operating leases

$

2,511

$

2,452

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

$

$

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

Minimum Rental

(In thousands)

Years ended December 31:

2025

$

6,381

2026

9,808

2027

6,158

2028

5,928

2029

4,627

Thereafter

19,419

Total minimum payments required

52,321

Less: implied interest

(7,936)

Total lease obligations

$

44,385