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Leased Property (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Lessor, Lease Income
The components of lease income, which is included in non-interest expense on the Consolidated Statements of Income, were as follows for the year ending (in thousands):
December 31, 2024December 31, 2023December 31, 2022
Operating lease income$2,597 $2,301 $1,309 
Total lease income$2,597 $2,301 $1,309 
Schedule of Lessor, Operating Lease, Payment to be Received, Maturity
The remaining maturities of operating lease receivables as of December 31, 2024, are as follows (in thousands):
Operating Leases
2025$2,661 
20262,338 
20272,124 
20282,061 
20292,015 
Thereafter2,833 
Total lease receivables$14,032 
Schedule of Assets and Liabilities, Lessee
Right-of-use assets and liabilities by lease type, and the associated balance sheet classifications are as follows (in thousands):
Balance Sheet ClassificationDecember 31, 2024December 31, 2023
Right-of-use assets:
Operating leasesOther assets$13,203 $5,110 
Finance leasesOther assets3,312 3,590 
Total right-of-use assets $16,515 $8,700 
Lease liabilities:
Operating leasesOther liabilities$13,586 $5,327 
Finance LeasesOther liabilities3,620 3,840 
Total lease liabilities $17,206 $9,167 
Schedule of Lease, Cost
The components of total lease cost were as follows for the period ending (in thousands):
December 31, 2024December 31, 2023December 31, 2022
Finance lease cost
Right-of-use asset amortization$285 $244 $204 
Interest expense110 86 63 
Operating lease cost2,864 3,210 2,495 
Total lease cost$3,259 $3,540 $2,762 
The following table presents additional information about the Company’s leases as of December 31, 2024, and December 31, 2023.
Supplemental lease information (dollars in thousands)December 31, 2024December 31, 2023
Finance lease weighted average remaining lease term (years)11.7512.66
Finance lease weighted average discount rate3.06 %2.96 %
Operating lease weighted average remaining lease term (years)6.843.71
Operating lease weighted average discount rate4.65 %3.33 %
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$3,087 $3,330 
Operating cash flows from finance leases110 86 
Financing cash flows from finance leases216 119 
Right-of-use assets obtained in exchange for new finance lease liabilities— 1,214 
Right-of-use assets obtained in exchange for new operating lease liabilities12,329 — 
Schedule of Lessee, Operating Lease, Liability, Maturity
The Company’s future undiscounted lease payments for finance and operating leases with initial terms of one year or more as of December 31, 2024, are as follows (in thousands):
Operating LeasesFinance Leases
2025$3,145 $333 
20262,659 340 
20272,237 347 
20281,897 354 
20291,748 361 
Thereafter4,772 2,629 
Total undiscounted lease payments16,458 4,364 
Less: discount(2,872)(744)
Net lease liabilities$13,586 $3,620 
Schedule of Finance Lease, Liability, to be Paid, Maturity
The Company’s future undiscounted lease payments for finance and operating leases with initial terms of one year or more as of December 31, 2024, are as follows (in thousands):
Operating LeasesFinance Leases
2025$3,145 $333 
20262,659 340 
20272,237 347 
20281,897 354 
20291,748 361 
Thereafter4,772 2,629 
Total undiscounted lease payments16,458 4,364 
Less: discount(2,872)(744)
Net lease liabilities$13,586 $3,620