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Leases | 3 Months Ended
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Mar. 31, 2026
Leases [Abstract] |
Leases | 8. LEASES ​ Right-of-use (ROU) assets are included in the other assets line item and lease liabilities are included in the other liabilities line item of the consolidated balance sheet. We determine if a contract contains a lease at inception and recognize operating lease ROU assets and operating lease liabilities based on the present value of the future minimum lease payments at the commencement date. As our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the commencement date in determining the present value of future payments. Lease agreements may include options to extend or terminate. The options are exercised at our discretion and are included in operating lease liabilities if it is reasonably certain the option will be exercised. Lease agreements have lease and non-lease components, which are accounted for as a single lease component. Operating lease costs for future minimum lease payments are recognized on a straight-line basis over the lease terms. Variable lease costs are expensed in the period in which the obligations are incurred. Sublease income is recognized on a straight-line basis over the sublease term. ​ The Company’s operating lease obligations are for branch office facilities. The components of lease expense and other lease-related information, as of and during the three-month periods ended March 31, 2026 and 2025, were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Three Months | ​
​ | ​ | Ended March 31, | ​
(in thousands) |  | 2026 |  | 2025 |
Operating lease cost | ​ | $ | 1,163 | ​ | $ | 1,150 | ​
Variable lease cost | ​ | ​ | 341 | ​ | ​ | 289 | ​
Sublease income | ​ | ​ | (42) | ​ | ​ | (42) | ​
Total lease cost | ​ | $ | 1,462 | ​ | $ | 1,397 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash paid for amounts included in measurement of lease liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating cash outflows from operating leases | ​ | $ | 1,251 | ​ | $ | 1,229 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
ROU assets obtained in exchange for new operating lease liabilities | ​ | $ | 3,486 | ​ | $ | 13 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | March 31, 2026 |  | December 31, 2025 | ​
Operating lease ROU assets | ​ | $ | 15,586 | ​ | $ | 13,117 | ​
Operating lease liabilities | ​ | $ | 17,134 | ​ | $ | 14,752 | ​
Weighted-average remaining lease term - operating leases | ​ | ​ | 5.84 | years | ​ | 5.93 | years
Weighted-average discount rate - operating leases | ​ | ​ | 3.44 | % | ​ | 3.78 | %
​ Future minimum lease payments under non-cancellable leases as of March 31, 2026 were as follows: ​
​ | ​ | ​ | ​
(in thousands) |  | March 31, 2026
2026 | ​ | $ | 3,448
2027 | ​ | ​ | 4,087
2028 | ​ | ​ | 2,619
2029 | ​ | ​ | 2,450
2030 | ​ | ​ | 1,870
2031 | ​ | ​ | 1,815
Thereafter | ​ | ​ | 3,132
Total future minimum lease payments | ​ | $ | 19,421
Less imputed interest | ​ | ​ | (2,287)
Total operating lease liability | ​ | $ | 17,134
​

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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