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Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Right-of-Use Assets and Lease Liabilities
The following table represents the classification of the Company’s ROU assets and lease liabilities on the Consolidated Statements of Financial Condition (in thousands):
For the Year Ended
December 31, 2024December 31, 2023
Lease ROU AssetsClassification
Operating lease ROU assetsOther assets$15,452 $18,979 
Finance lease ROU assetPremises and equipment, net1,071 1,304 
Total lease ROU assets$16,523 $20,283 
Lease Liabilities
Operating lease liabilities (1)
Other liabilities$17,114 $20,018 
Finance lease liabilityOther borrowings1,421 1,685 
Total lease liabilities$18,535 $21,703 
(1) Operating lease liabilities excludes liabilities for future rent and estimated lease termination payments related to closed branches of $4.4 million and $5.9 million as of December 31, 2024 and 2023, respectively.
Schedule of Weighted Average Remaining Lease Term and Discount Rate
December 31, 2024December 31, 2023
Weighted-Average Remaining Lease Term
Operating leases5.84 years6.52 years
Finance lease4.59 years5.60 years
Weighted-Average Discount Rate
Operating leases3.08 %3.02 %
Finance lease5.63 5.63 
Schedule of Lease Expenses and Other Lease Information
The following table represents lease expenses and other lease information (in thousands):
For the Year Ended December 31,
202420232022
Lease Expense
Operating lease expense$4,586 $4,634 $5,000 
Finance lease expense:
Amortization of ROU assets233 228 207 
Interest on lease liabilities (1)
86 101 104 
Total$4,905 $4,963 $5,311 
Other Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$4,773 $4,571 $4,466 
Operating cash flows from finance leases86 101 104 
Financing cash flows from finance leases264 249 214 
(1)Included in borrowed funds interest expense on the Consolidated Statements of Income. All other costs are included in occupancy expense on the Consolidated Statements of Income.
Schedule of Future Minimum Payments for Finance Leases
Future minimum payments for the finance lease and operating leases with initial or remaining terms were as follows (in thousands):
Finance LeaseOperating Leases
For the Year Ending December 31,
2025$350 $4,934 
2026350 4,211 
2027350 2,715 
2028350 1,537 
2029209 1,421 
Thereafter— 4,124 
Total1,609 18,942 
Less: Imputed interest(188)(1,828)
Total lease liabilities$1,421 $17,114 
Schedule of Future Minimum Payments for Operating Leases
Future minimum payments for the finance lease and operating leases with initial or remaining terms were as follows (in thousands):
Finance LeaseOperating Leases
For the Year Ending December 31,
2025$350 $4,934 
2026350 4,211 
2027350 2,715 
2028350 1,537 
2029209 1,421 
Thereafter— 4,124 
Total1,609 18,942 
Less: Imputed interest(188)(1,828)
Total lease liabilities$1,421 $17,114