XML 44 R33.htm IDEA: XBRL DOCUMENT v3.24.3
Operating Leases (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of 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 September 30,Nine Months Ended September 30,
($ in thousands)2024202320242023
Operating lease cost (1)
$889 $744 $2,716 $2,237 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases
$849 $809 $2,577 $2,440 
Right of use assets obtained in exchange for lease obligations
$973 $1,134 $973 $1,360 
(1)    Included in Occupancy and Equipment on the Consolidated Statements of Income (Unaudited).
The following table presents supplemental balance sheet information related to leases as of the dates indicated:
($ in thousands)September 30, 2024December 31, 2023
Operating leases:
Operating lease assets
$17,932 $18,913 
Operating lease liabilities
$19,301 $20,137 
Weighted-average remaining lease term
7.9 years8.3 years
Weighted-average discount rate
4.70 %4.63 %
Schedule of Maturities of Operating Lease Liabilities
The following table presents maturities of operating lease liabilities as of the date indicated:
($ in thousands)September 30, 2024
Maturities:
2024$862 
20253,397 
20263,051 
20272,665 
20282,541 
After 202811,480 
Total lease payment
23,996 
Imputed Interest
(4,695)
Present value of operating lease liabilities
$19,301