Three Months Ended

(Dollars in thousands)

March 31,

2023

2022

Lease Cost Components:

Amortization of ROU assets - finance leases

$

117

$

117

Interest on lease liabilities - finance leases

11

13

Operating lease cost (cost resulting from lease payments)

4,240

4,333

Short-term lease cost

109

143

Variable lease cost (cost excluded from lease payments)

634

437

Total lease cost

$

5,111

$

5,043

Supplemental Cash Flow and Other Information Related to Leases:

Finance lease - operating cash flows

$

11

$

13

Finance lease - financing cash flows

110

108

Operating lease - operating cash flows (fixed payments)

4,097

4,181

Operating lease - operating cash flows (net change asset/liability)

(3,287)

(3,303)

New ROU assets - operating leases

—

12,428

New ROU assets - finance leases

—

Weighted - average remaining lease term (years) - finance leases

5.18

6.17

Weighted - average remaining lease term (years) - operating leases

9.88

10.47

Weighted - average discount rate - finance leases

1.7%

1.7%

Weighted - average discount rate - operating leases

3.0%

3.0%

Operating lease payments due:

2023 (excluding the quarter ended March 31, 2023)

$

12,226

2024

15,011

2025

13,548

2026

13,135

2027

12,172

Thereafter

66,550

Total undiscounted cash flows

132,642

Discount on cash flows

(20,233)

Total operating lease liabilities

$

112,409