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LEASES (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease Balance Sheet Location The following table presents the classification of the right-of-use assets and corresponding liabilities within the Consolidated Balance Sheets, as of the dates noted (dollars in thousands):
December 31,
2022
December 31,
2021
Lease Right-of-Use AssetsClassification
Operating lease right-of-use assetsOther assets$8,602 $10,720 
Lease LiabilitiesClassification
Operating lease liabilitiesOther liabilities$11,163 $13,863 
Schedule Of Weighted Average Lease Term And Discount Rate
December 31,
2022
December 31,
2021
Weighted-Average Remaining Lease Term
Operating leases4.85 years5.26 years
Weighted-Average Discount Rate
Operating leases2.63%2.67%
Lease Costs The following represents the Company’s net lease costs during the periods presented (dollars in thousands):
Year Ended December 31,
20222021
Lease Costs
Operating lease cost$3,151 $3,040 
Variable lease cost2,104 1,756 
Lease costs, net$5,255 $4,796 
Schedule of Minimum Lease Payments Due
The following presents a maturity analysis of the Company’s operating lease liabilities on an annual basis for each of the next five years and total amounts thereafter (dollars in thousands):
Year Ending December 31,Operating Leases
2023$3,228 
20243,083 
20252,141 
2026810 
2027734 
Thereafter1,752 
Total future minimum lease payments11,748 
Less: imputed interest(585)
Present value of net future minimum lease payments$11,163 
Summary of maturity analysis of the Company's operating payments to be received
The following presents a maturity analysis of the Company’s lease payments to be received on an annual basis for each of the next five years and total amounts thereafter (dollars in thousands):
Year Ending December 31,Undiscounted Operating Lease Income
2023$242
2024199
2025
2026
2027
Thereafter
Total undiscounted operating lease income$441