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Leases (Tables)
6 Months Ended
Jun. 30, 2023
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, 2023June 30, 2022June 30, 2023June 30, 2022
Lease cost  
Operating lease cost (cost resulting from lease payments)$1,667 $1,820 $3,383 $3,661 
Variable lease cost (cost excluded from lease payments)253 279 509 511 
Sublease income(29)(95)(59)(182)
Net lease cost$1,891 $2,004 $3,833 $3,990 
Operating lease - operating cash flows (fixed payments)$1,814 $1,923 $3,673 $3,743 
(dollars in thousands)June 30, 2023December 31, 2022
Operating lease right-of-use assets$21,580 $24,544 
Operating lease liabilities$26,007 $29,267 
Weighted average lease term - operating leases5.19yrs5.50yrs
Weighted average discount rate - operating leases2.84 %2.91 %
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, 2023 were as follows:
(dollars in thousands)
Twelve months ended:  
June 30, 2024$3,525 
June 30, 20256,880 
June 30, 20265,987 
June 30, 20272,894 
June 30, 20282,502 
Thereafter5,776 
Total future minimum lease payments27,564 
Amounts representing interest(1,557)
Present value of net future minimum lease payments$26,007