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Leases | 12 Months Ended
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Dec. 31, 2024
Leases [Abstract] |
Leases | LEASES Lessee Arrangements The Company has banking and limited-service facilities, data centers, and certain equipment under lease agreements. Most of the leases expire between 2025 and 2029 and include one or more renewal options for up to 5 years. Six leases expire between 2030 and 2034. All leases are classified as operating leases.
| For the year ended December 31,
($ in thousands) | 2024 |  | 2023
Operating lease cost | $ | 5,757 |  |  | $ | 5,628 |
Short-term lease cost | 402 |  |  | 491 |
Total lease cost | $ | 6,159 |  |  | $ | 6,119 |
Payments on operating leases included in the measurement of lease liabilities during the twelve months ended December 31, 2024 and 2023 totaled $5.6 million and $5.5 million, respectively. Right-of-use assets obtained in exchange for lease obligations totaled $2.0 million and $15.6 million during the twelve months ended December 31, 2024 and 2023, respectively. The additions in 2024 and 2023 were primarily from lease renewals. Supplemental balance sheet information related to leases is as follows:
($ in thousands) | December 31, 2024 |  | December 31, 2023
Operating lease right-of-use assets, included in other assets | $ | 22,759 |  |  | $ | 25,406 |
Operating lease liabilities, included in other liabilities | 26,150 |  |  | 28,635 |
Operating leases |  |  |
Weighted average remaining lease term | 6 years |  | 7 years
Weighted average discount rate | 4.0 | % |  | 3.9 | %
Maturities of operating lease liabilities are as follows:
($ in thousands) |  |  |  |
Year | Amount |
2025 | $ | 6,158 |  |  |  |
2026 | 6,104 |  |  |
2027 | 4,850 |  |  |
2028 | 3,420 |  |  |
2029 | 2,267 |  |  |
Thereafter | 7,061 |  |  |
Total operating lease liabilities, payments | 29,860 |  |  |  |
Less: present value adjustment | 3,710 |  |  |  |
Operating lease liabilities | $ | 26,150 |  |  |  |
Lessor Arrangements The Company leases office space to a third party through an operating lease. This lease has remaining lease terms of 18 months. Lessor income was $1.9 million and $1.8 million for the twelve months ended December 31, 2024, and 2023, respectively.

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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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