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Leases (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Lease, Cost
Supplemental lease information at or for the six months ended June 30, 2021, and June 30, 2020 is as follows (dollars in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Operating lease cost$1,453 $1,423 $2,908 $2,862 
Variable lease cost1,010 956 2,245 1,500 
Net lease cost$2,463 $2,379 $5,153 $4,362 
Cash paid for amounts included in measurement of operating lease liabilities$1,691 $1,524 $3,399 $3,069 
Right-of-use assets obtained in exchange for new operating lease liabilities$— $— $— $3,028 
Weighted average remaining lease term 12.24 years12.63 years
Weighted average discount rate 3.61 %3.59 %
Lessee, Operating Lease, Liability, Maturity
The following table summarizes lease payment obligations for each of the next five years and thereafter in addition to a reconcilement to the Company's current lease liability (in thousands):
YearAmount
2021$2,937 
20225,550 
20235,504 
20245,067 
20254,710 
Thereafter28,196 
Total lease payments51,964 
Less: imputed interest11,243 
Present value of lease liabilities$40,721