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Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Summary of Information Related to Leases

The following table sets forth information related to our leases as of the periods indicated.

 

 

 

March 31

 

 

December 31

 

 

Dollars in thousands

 

2021

 

 

2020

 

 

Right of use asset

 

$

15,605

 

 

$

11,789

 

 

Weighted average discount rate

 

 

2.95

%

 

 

2.94

%

 

Weighted average remaining maturity (months)

 

 

89

 

 

 

66

 

 

 

 

 

 

 

 

 

 

 

 

The following table sets for operating lease expense for the periods indicated:

 

 

March 31

 

 

In thousands

 

2021

 

 

2020

 

 

Three months ended

 

 

1,347

 

 

 

1,442

 

 

Summary of Future Minimum Lease Payments

The following table sets forth required future minimum lease payments for the years indicated:

 

 

In thousands

 

 

 

 

 

 

 

2021

 

 

 

$

3,518

 

 

2022

 

 

 

 

3,475

 

 

2023

 

 

 

 

2,039

 

 

2024

 

 

 

 

1,537

 

 

2025

 

 

 

 

1,278

 

 

Thereafter

 

 

 

 

7,440