Operating Leases (Tables)

3 Months Ended

Mar. 31, 2024

Leases [Abstract]

Operating Lease Cost and Supplemental Information

The following table presents operating lease cost and supplemental cash flow information related to leases for the periods indicated:

	Three Months Ended March 31,
($ in thousands)	2024		2023
Operating lease cost (1)	$	943	$	743
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	875	$	810
Right of use assets obtained in exchange for lease obligations	$	—	$	195

(1)    Included in Occupancy and Equipment on the Consolidated Statements of Income (Unaudited).

The following table presents supplemental balance sheet information related to leases as of the dates indicated:

($ in thousands)	March 31, 2024			December 31, 2023
Operating leases:
Operating lease assets	$	18,255		$	18,913
Operating lease liabilities	$	19,555		$	20,137
Weighted-average remaining lease term	8.1 years			8.3 years
Weighted-average discount rate	4.66		%	4.63		%

Maturities of Operating Lease Liabilities

The following table presents maturities of operating lease liabilities as of the date indicated:

($ in thousands)	March 31, 2024
Maturities:
2024	$	2,564
2025	3,301
2026	2,932
2027	2,543
2028	2,416
After 2028	10,695
Total lease payment	24,451
Imputed Interest	(4,896)
Present value of operating lease liabilities	$	19,555