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Leases (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Schedule of lease costs and other lease information
The following table presents lease costs and other lease information.
Three Months EndedSix Months Ended
(dollars in thousands)June 30, 2022June 30, 2021June 30, 2022June 30, 2021
Lease cost  
Operating lease cost (cost resulting from lease payments)$1,820 $2,013 $3,661 $4,172 
Variable lease cost (cost excluded from lease payments)279 223 511 473 
Sublease income(95)(87)(182)(174)
Net lease cost$2,004 $2,149 $3,990 $4,471 
Operating lease - operating cash flows (fixed payments)$1,923 $2,048 $3,743 $4,352 
June 30, 2022December 31, 2021
Operating lease right-of-use assets$27,548 $30,555 
Operating lease liabilities$32,414 $35,501 
Weighted average lease term - operating leases5.96yrs6.26yrs
Weighted average discount rate - operating leases2.98 %3.05 %
Schedule of future minimum payments for operating leases
Future minimum payments for operating leases with initial or remaining terms of more than one year as of June 30, 2022 were as follows:
(dollars in thousands)
Twelve months ended:  
June 30, 2023$3,590 
June 30, 20247,036 
June 30, 20256,292 
June 30, 20265,329 
June 30, 20274,184 
Thereafter8,475 
Total future minimum lease payments34,906 
Amounts representing interest(2,492)
Present value of net future minimum lease payments$32,414