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OPERATING LEASES (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Lease, Cost

The following table presents total lease cost, cash flow information, weighted-average remaining lease term and weighted-average discount rate for the periods presented:

			Three Months Ended September 30,												Nine Months Ended September 30,
(dollars in thousands)			2023						2022						2023						2022
Lease cost:
Operating lease cost			$	1,285					$	1,368					$	3,937					$	4,144
Variable lease cost			918						769						2,740						2,433
Less: Sublease income			—						(12)						(34)						(36)
Total lease cost			$	2,203					$	2,125					$	6,643					$	6,541
Other information:
Operating cash flows from operating leases			$	(1,258)					$	(1,464)					$	(3,950)					$	(4,485)
Weighted-average remaining lease term - operating leases			10.85 years						11.32 years						10.85 years						11.32 years
Weighted-average discount rate - operating leases			3.96		%				3.94		%				3.96		%				3.94		%

Lessee, Operating Lease, Liability, Maturity

The following table presents a schedule of annual undiscounted cash flows for our operating leases and a reconciliation of those cash flows to the operating lease liabilities as of September 30, 2023, for the remainder of fiscal year 2023, the next five succeeding fiscal years and all years thereafter:

(dollars in thousands)						Undiscounted Cash Flows						Lease Liability Discount on Cash Flows						Lease Liability
Year Ending December 31,
2023 (remainder)						$	1,176					$	324					$	852
2024						4,467						1,210						3,257
2025						4,181						1,085						3,096
2026						4,118						965						3,153
2027						4,108						840						3,268
2028						3,509						723						2,786
Thereafter						19,682						2,908						16,774
Total						$	41,241					$	8,055					$	33,186

Operating Lease, Lease Income

The following table presents lease income related to these leases that was recognized for the periods presented:

			Three Months Ended September 30,												Nine Months Ended September 30,
(dollars in thousands)			2023						2022						2023						2022
Total rental income recognized			$	497					$	398					$	1,622					$	1,727

Lessor, Operating Lease, Payments to be Received, Maturity

The following table presents estimated lease payments, based on the Company's leases as lessor as of September 30, 2023, for the remainder of fiscal year 2023, the next five succeeding fiscal years, and all years thereafter:

(dollars in thousands)
Year Ending December 31,
2023 (remainder)			$	358
2024			1,234
2025			1,114
2026			968
2027			913
2028			561
Thereafter			1,839
Total			$	6,987

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-4

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- References

No definition available.

+ Details

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X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

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X

- Definition

Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479773/842-30-50-12

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X

- Definition

Tabular disclosure of components of income from operating lease.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479773/842-30-50-5

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482964/270-10-50-6A

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