| Schedule of information pertaining to leases |
| | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | | June 30, | | June 30, | | (Dollars in thousands) | | 2026 | | 2025 | | 2026 | | 2025 | | Lease Cost Components: | | | | | | | | | | | | | | Amortization of ROU assets – finance leases | | $ | 116 | | $ | 116 | | $ | 231 | | $ | 231 | | Interest on lease liabilities – finance leases | | | 5 | | | 7 | | | 10 | | | 14 | | Operating lease cost (cost resulting from lease payments) | | | 17,334 | | | 15,914 | | | 34,065 | | | 25,283 | | Short-term lease cost | | | 195 | | | 425 | | | 397 | | | 780 | | Variable lease cost (cost excluded from lease payments) | | | 1,395 | | | 1,560 | | | 2,344 | | | 2,315 | | Total lease cost | | $ | 19,045 | | $ | 18,022 | | $ | 37,047 | | $ | 28,623 | | Supplemental Cash Flow and Other Information Related to Leases: | | | | | | | | | | | | | | Finance lease – operating cash flows | | $ | 4 | | $ | 7 | | $ | 10 | | $ | 14 | | Finance lease – financing cash flows | | | 123 | | | 121 | | | 246 | | | 242 | | Operating lease – operating cash flows (fixed payments) | | | 14,341 | | | 14,277 | | | 28,979 | | | 22,864 | | Operating lease – operating cash flows (net change asset/liability) | | | (6,249) | | | (6,437) | | | (12,630) | | | (11,422) | | New ROU assets – operating leases | | | 36,501 | | | 7,705 | | | 38,319 | | | 397,318 | | Weighted – average remaining lease term (years) – finance leases | | | 1.99 | | | 2.95 | | | 1.99 | | | 2.95 | | Weighted – average remaining lease term (years) – operating leases | | | 12.26 | | | 12.80 | | | 12.26 | | | 12.80 | | Weighted – average discount rate - finance leases | | | 1.8% | | | 1.7% | | | 1.8% | | | 1.7% | | Weighted – average discount rate - operating leases | | | 6.4% | | | 6.4% | | | 6.4% | | | 6.4% | | | | | | | | | | | | | | | | Operating lease payments due: | | | | | | | | | | | | | | 2026 (excluding 6 months ended June 30, 2026) | | | | | | | | $ | 29,067 | | | | | 2027 | | | | | | | | | 60,135 | | | | | 2028 | | | | | | | | | 61,553 | | | | | 2029 | | | | | | | | | 61,078 | | | | | 2030 | | | | | | | | | 59,570 | | | | | Thereafter | | | | | | | | | 518,519 | | | | | Total undiscounted cash flows | | | | | | | | | 789,922 | | | | | Discount on cash flows | | | | | | | | | (264,713) | | | | | Total operating lease liabilities | | | | | | | | $ | 525,209 | | | | |
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| Schedule of lease receivables and investment in operating leases and their corresponding balance sheet location |
| | | | | | | | | | | | | | June 30, | | December 31, | | (Dollars in thousands) | | 2026 | | 2025 | | Direct financing leases: | | | | | | | | Lease receivables | | $ | 205,742 | | $ | 92,927 | | Guaranteed residual values | | | 5,697 | | | 4,212 | | Unguaranteed residual values | | | 16,528 | | | 11,335 | | Initial direct costs | | | 7,191 | | | 3,502 | | Less: Unearned income | | | (35,510) | | | (17,690) | | Total net investment in direct financing leases | | $ | 199,648 | | $ | 94,286 | |
| | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30, | | June 30, | (Dollars in thousands) | | 2026 | 2025 | | 2026 | | 2025 | Direct financing lease income | | | | | | | | | | | | | Interest income | | $ | 2,938 | | $ | 890 | | $ | 5,167 | | $ | 1,519 | Remaining lease payments receivable: | | | | | | | | | | | | | 2026 (excluding 6 months ended June 30, 2026) | | $ | 26,626 | | | | | | | | | | 2027 | | | 47,248 | | | | | | | | | | 2028 | | | 39,882 | | | | | | | | | | 2029 | | | 41,177 | | | | | | | | | | 2030 | | | 29,511 | | | | | | | | | | Thereafter | | | 26,995 | | | | | | | | | | Total undiscounted lease receivable | | | 211,439 | | | | | | | | | | Less: unearned interest income | | | (35,510) | | | | | | | | | | Net lease receivables | | $ | 175,929 | | | | | | | | | |
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