Leases (Tables)
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6 Months Ended |
Jun. 30, 2026 |
| Leases [Abstract] |
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| Schedule of Information Related to Company's Leases and Lease Expense |
Information related to the Company’s leases is presented below as of June 30, 2026 and December 31, 2025: | | | | | | | | | | | | | | | | | | | | | June 30, | | December 31, | | | | | | Classification | | 2026 | | 2025 | | Right-of-use assets: | | | | | | | Operating leases | Operating lease right-of-use assets | | $ | 47,535 | | $ | 49,249 | | Finance leases | Premises and equipment, net | | 980 | | 1,035 | | Total right-of-use assets | | | $ | 48,515 | | $ | 50,284 | | Lease liabilities: | | | | | | | Operating leases | Operating lease liabilities | | $ | 57,940 | | $ | 60,556 | | Finance leases | Borrowings | | 1,077 | | 1,127 | | Total lease liabilities | | | $ | 59,017 | | $ | 61,683 | Weighted average remaining lease term (in years) - operating | | | 10.6 | | 10.9 | Weighted average remaining lease term (in years) - finance | | | 8.86 | | 9.35 | | Weighted average discount rate - operating | | | 3.73 | % | | 3.68 | % | | Weighted average discount rate - finance | | | 1.76 | % | | 1.76 | % |
The components of total lease expense included in the consolidated statements of income were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | | June 30, | | June 30, | | Classification | | 2026 | | | 2025 | | | 2026 | | | | 2025 | | | | | Operating lease costs: | | | | | | | | | | | | | | Amortization of right-of-use asset | Occupancy and equipment | | $ | 1,944 | | | $ | 1,945 | | | $ | 3,798 | | | | $ | 3,823 | | | | | Short-term lease cost | Occupancy and equipment | | 64 | | | 74 | | | 139 | | | | 159 | | | | | Variable lease cost | Occupancy and equipment | | 382 | | | 475 | | | 862 | | | | 969 | | | | | Gain on lease terminations | Occupancy and equipment | | (42) | | | — | | | (42) | | | | — | | | | | Finance lease costs: | | | | | | | | | | | | | | Interest on lease liabilities | Interest expense on borrowings | | 5 | | | 5 | | | 10 | | | | 10 | | | | | Amortization of right-of-use asset | Occupancy and equipment | | 27 | | | 28 | | | 55 | | | | 55 | | | | | | | | | | | | | | | | | | Sublease income | Occupancy and equipment | | (205) | | | (215) | | | (417) | | | | (420) | | | | | Total lease cost | | | $ | 2,175 | | | $ | 2,312 | | | $ | 4,405 | | | | $ | 4,596 | | | |
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| Schedule of Maturity Analysis of Operating Lease Liabilities |
A maturity analysis of operating and finance lease liabilities and a reconciliation of cash flows to lease liabilities as of June 30, 2026 is as follows: | | | | | | | | | | | | | Operating | | Finance | | Leases | | Lease | | | | | | June 30, 2027 | $ | 4,595 | | | $ | 62 | | | June 30, 2028 | 8,657 | | | 125 | | | June 30, 2029 | 7,853 | | | 127 | | | June 30, 2030 | 6,766 | | | 129 | | | June 30, 2031 | 6,395 | | | 131 | | | Thereafter | 36,975 | | | 589 | | | Total undiscounted future minimum lease payments | 71,241 | | | 1,163 | | | Less: imputed interest | (13,301) | | | (86) | | | Lease liabilities | $ | 57,940 | | | $ | 1,077 | |
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| Schedule of Maturity Analysis of Finance Lease Liabilities |
A maturity analysis of operating and finance lease liabilities and a reconciliation of cash flows to lease liabilities as of June 30, 2026 is as follows: | | | | | | | | | | | | | Operating | | Finance | | Leases | | Lease | | | | | | June 30, 2027 | $ | 4,595 | | | $ | 62 | | | June 30, 2028 | 8,657 | | | 125 | | | June 30, 2029 | 7,853 | | | 127 | | | June 30, 2030 | 6,766 | | | 129 | | | June 30, 2031 | 6,395 | | | 131 | | | Thereafter | 36,975 | | | 589 | | | Total undiscounted future minimum lease payments | 71,241 | | | 1,163 | | | Less: imputed interest | (13,301) | | | (86) | | | Lease liabilities | $ | 57,940 | | | $ | 1,077 | |
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