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Lease Commitments | 3 Months Ended
--- | ---
Mar. 31, 2025
Leases [Abstract] |
Lease Commitments | Lease Commitments Our leases relate primarily to office space and bank branches with remaining lease terms of generally 1 to 15 years. Certain lease arrangements contain extension options which typically range from 5 to 10 years at the then fair market rental rates. As these extension options are not generally considered reasonably certain of exercise, they are not included in the lease term.
| March 31, 2025 |  | December 31, 2024
ROU asset on leased property, gross | $ | 41,334 |  |  | $ | 38,779 |
Accumulated amortization | (18,043) |  |  | (16,303) |
ROU asset, net (included in prepaid expenses and other assets in our consolidated balance sheets) | $ | 23,291 |  |  | $ | 22,476 |
Lease liability (included in accrued expenses and other liabilities in our consolidated balance sheets) | $ | 25,134 |  |  | $ | 24,376 |
Weighted Average Remaining Life - Operating Leases (years) | 5.04 |  | 5.09
Weighted Average Rate - Operating Leases | 2.83 | % |  | 2.61 | %
The following table reconciles future undiscounted lease payments due under non-cancelable operating leases to the aggregate operating lessee lease liability as of March 31, 2025:
Remainder of 2025 | $ | 7,278 |
2026 | 5,472 |
2027 | 4,071 |
2028 | 3,783 |
2029 | 2,903 |
2030 | 3,425 |
Thereafter | 115 |
Total undiscounted operating lease liability | 27,047 |
Imputed interest | 1,913 |
Total operating lease liability included in the accompanying balance sheet | $ | 25,134 |
Total lease expense for three months ended March 31, 2025 and 2024 was $2,036 and $1,924, respectively. The components of total lease expense was as follows:
| For the three months ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
Operating leases | $ | 1,970 |  |  | $ | 1,922 |  |  |  |  |
Short-term leases | 102 |  |  | 47 |  |  |  |  |
Sublease income | (36) |  |  | (45) |  |  |  |  |
Net lease expense | $ | 2,036 |  |  | $ | 1,924 |  |  |  |  |
We do not currently have any significant finance leases in which we are the lessee, material related-party leases, leases containing residual value guarantees or restrictive covenants.

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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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