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Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Components of lease costs and supplemental information related to leases
The tables below present the components of lease costs and supplemental information related to leases as of and for the periods presented.
 
    
March 31,
2021
    
December 31,
2020
 
    
(Dollars in thousands)
 
Lease Assets and Liabilities
                 
ROU assets
     $  20,340          $ 19,112    
Total lease liabilities
       22,237            21,164    
 
    
  Three Months Ended  
 
    
March 31,
 
    
2021
    
2020
 
    
(Dollars in thousands)
 
Lease Cost
                 
Operating lease expense (1)
     $ 1,662          $ 1,623    
Sublease income
     -          -    
    
 
 
    
 
 
 
Total lease expense
     $ 1,662          $ 1,623    
    
 
 
    
 
 
 
     
(1) Includes short-term leases and variable lease costs, which are immaterial.
                 
Other Information
                 
Cash paid for amounts included in the measurement of lease liabilities:
                 
Operating cash outflows from operating leases, net
     $  1,819          $ 1,935    
 
 
 
 
 
 
 
 
 
 
    
March 31, 
2021
   
December 31, 
020
 
Lease Term and Discount Rate
                
Weighted average remaining lease term (years)
     4.40       4.16  
Weighted average discount rate
     2.63%       2.80%  
Future lease payments required for leases that have initial or remaining non-cancelable lease terms The future lease payments required for leases that have initial or remaining
non-cancelable
lease terms in excess of one year as of March 31, 2021, excluding property taxes and insurance, are as follows:
    
  March 31, 2021  
    
(Dollars in thousands)
Year:
        
2021 (excluding the three months ended March 31, 2021)
   $ 5,142  
2022
     6,031  
2023
     4,279  
2024
     3,107  
2025
     2,433  
Thereafter
     2,499  
    
 
 
 
Total future lease payments
     23,491  
Less: Imputed interest
     (1,254
    
 
 
 
Present value of lease liabilities
   $ 22,237