v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases  
Summary of Company's leases

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Quarter ended June 30, 

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Six months ended June 30, 

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2026

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2025

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2026

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2025

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(dollars in thousands)

Lease expense:

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Operating leases

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$

5,692

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$

4,033

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$

10,899

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$

8,035

Short-term leases

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125

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82

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225

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148

Sublease income

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(378)

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(378)

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(755)

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(755)

Net lease expense included in
Occupancy and equipment expense

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$

5,439

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$

3,737

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$

10,369

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$

7,428

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Other information:

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Payments for operating leases

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$

5,404

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$

5,335

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$

10,318

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$

10,412

Operating lease right-of-use assets recognized

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$

31,049

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$

648

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$

32,218

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$

1,209

Period end weighted averages:

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Remaining lease term (in years)

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6.1

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3.3

Discount rate

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5.4%

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3.9%

Schedule of maturities of operating lease liabilities

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Twelve months ended June 30,

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Operating leases

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(in thousands)

2027

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$

10,559

2028

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17,051

2029

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17,980

2030

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19,485

2031

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21,449

Thereafter

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35,201

Total lease payments

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121,725

Less imputed interest

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(20,078)

Operating lease liability included in Accounts payable and accrued expenses

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$

101,647

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