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Leases (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Lease Costs and Other Lease Information
The following table presents lease costs and other lease information.
Three Months EndedNine Months Ended
(dollars in thousands)September 30, 2024September 30, 2023September 30, 2024September 30, 2023
Lease cost  
Operating lease cost (cost resulting from lease payments)$1,525 $1,604 $4,691 $4,987 
Variable lease cost (cost excluded from lease payments)231 245 709 754 
Sublease income— (30)(40)(89)
Net lease cost$1,756 $1,819 $5,360 $5,652 
Operating lease - operating cash flows (fixed payments)$1,703 $1,760 $5,212 $5,433 
(dollars in thousands)September 30, 2024December 31, 2023
Right-of-use assets - operating leases$15,167 $19,129 
Operating lease liabilities$18,755 $23,238 
Weighted average lease term - operating leases4.57yrs4.93yrs
Weighted average discount rate - operating leases2.63 %2.78 %
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 September 30, 2024 were as follows:
(dollars in thousands)
Twelve months ended:  
September 30, 2025$6,821 
September 30, 20263,580 
September 30, 20272,753 
September 30, 20282,207 
September 30, 20291,857 
Thereafter2,413 
Total future minimum lease payments19,631 
Amounts representing interest(876)
Present value of net future minimum lease payments$18,755