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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule Of Operating And Finance Lease Liabilities
LeasesClassificationDecember 31, 2024December 31, 2023
Assets:
Operating lease assetsOperating lease right-of-use assets$37,764 $35,699 
Finance lease assetsFinance lease right-of-use assets14,951 — 
Finance lease assets
Premises and equipment, net (1)
143 215 
Total leased assets$52,858 $35,914 
Liabilities:
Operating lease liabilitiesOperating lease liabilities$40,315 $37,650 
Finance lease liabilitiesAccrued interest payable and other liabilities15,151 294 
Total leased liabilities$55,466 $37,944 
(1) Finance lease assets are recorded net of accumulated amortization of $1.1 million and $1.0 million as of December 31, 2024 and 2023, respectively.
Schedule Of Lease Cost
The components of the Corporation's net lease expense for the years ended December 31, 2024, 2023, and 2022 were as follows:

Lease CostClassificationDecember 31, 2024December 31, 2023December 31, 2022
Operating lease costNet occupancy expense$3,066 $2,963 $2,264 
Variable lease costNet occupancy expense103 92 59 
Finance lease cost:
Amortization of leased assetsNet occupancy expense72 72 72 
Interest on lease liabilitiesInterest expense - borrowed funds11 15 19 
Sublease income (1)
Net occupancy expense(96)(93)(79)
Gain on sale-leaseback transactionsNoninterest income - other(63)— — 
Net lease cost$3,093 $3,049 $2,335 
(1) Sublease income excludes rental income from owned properties.
Schedule of Finance Lease, Liability, Maturity
The following table sets forth future minimum rental payments under noncancelable leases with terms in excess of one year as of December 31, 2024:

Maturity of Lease Liabilities as of December 31, 2024
Operating Leases (1)
Finance LeasesTotal
2025$2,755 $843 $3,598 
20262,737 843 3,580 
20272,759 738 3,497 
20282,827 783 3,610 
20292,862 783 3,645 
After 202951,757 32,228 83,985 
Total lease payments65,697 36,218 101,915 
Less: Interest25,382 21,067 46,449 
Present value of lease liabilities$40,315 $15,151 $55,466 
(1) Operating lease payments include payments related to options to extend lease terms that are reasonably certain of being exercised and exclude $5.6 million of legally binding minimum lease payments for leases signed, but not yet commenced.
Schedule of Minimum Annual Rental Commitments Under Operating Lease
The following table sets forth future minimum rental payments under noncancelable leases with terms in excess of one year as of December 31, 2024:

Maturity of Lease Liabilities as of December 31, 2024
Operating Leases (1)
Finance LeasesTotal
2025$2,755 $843 $3,598 
20262,737 843 3,580 
20272,759 738 3,497 
20282,827 783 3,610 
20292,862 783 3,645 
After 202951,757 32,228 83,985 
Total lease payments65,697 36,218 101,915 
Less: Interest25,382 21,067 46,449 
Present value of lease liabilities$40,315 $15,151 $55,466 
(1) Operating lease payments include payments related to options to extend lease terms that are reasonably certain of being exercised and exclude $5.6 million of legally binding minimum lease payments for leases signed, but not yet commenced.
Schedule of Weighted Average Lease Term and Discount Rate
Other information related to the Corporation's lease liabilities as of December 31, 2024 and 2023 was as follows:

Lease Term and Discount RateDecember 31, 2024December 31, 2023
Weighted-average remaining lease term (years)
Operating leases22.823.0
Finance leases34.63.0
Weighted-average discount rate
Operating leases4.22 %4.05 %
Finance leases5.24 %4.49 %

Other information related to the Corporation's lease liabilities as of December 31, 2024 and 2023 was as follows:

Other InformationDecember 31, 2024December 31, 2023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows used by operating leases$1,052 $1,134