XML 25 R13.htm IDEA: XBRL DOCUMENT v3.25.3
Leases
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Leases Leases
The Company records a ROUA on the consolidated balance sheets for those leases that convey rights to control use of identified assets for a period of time in exchange for consideration. The Company also records a lease liability on the consolidated balance sheets for the present value of future payment commitments. All of the Company’s leases are comprised of operating leases in which the Company is lessee of real estate property for branches, ATM locations, and general administration and operations. The Company has elected not to
include short-term leases (i.e. leases with initial terms of 12 month or less) within the ROUA and lease liability.

The following table presents the components of lease expense for the periods ended:
Three months ended September 30,Nine months ended September 30,
(in thousands)2025202420252024
Operating lease cost$1,483 $1,416 $4,301 $4,315 
Short-term lease cost68 52 163 159 
Variable lease cost (income)(5)(15)(21)
Total lease cost$1,546 $1,453 $4,443 $4,482 
The following table presents supplemental cash flow information related to leases for the periods ended:
Three months ended September 30,Nine months ended September 30,
(in thousands)2025202420252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$1,587 $1,511 $4,583 $4,658 
ROUA obtained in exchange for operating lease liabilities$4,994 $800 $6,000 $2,226 
The following table presents the weighted average operating lease term and discount rate as of the period ended:
September 30,
20252024
Weighted-average remaining lease term (years)7.77.7
Weighted-average discount rate3.79 %3.50 %
At September 30, 2025, future expected operating lease payments are as follows:
(in thousands)
Periods ending December 31,
2025$1,547 
20265,845 
20275,208 
20283,958 
20293,007 
Thereafter12,567 
32,132 
Discount for present value of expected cash flows(4,449)
Lease liability at September 30, 2025$27,683