Operating Leases (Tables)

9 Months Ended

Sep. 30, 2022

Operating Leases [Abstract]

Other Information Related to Leases

Other information related to leases was as follows:

(dollars in thousands)	Three months ended
	September 30,
	2022		2021
Operating lease cost	$	2,062		2,010
Variable lease cost		565		499
Total Lease costs	$	2,627		2,509

(dollars in thousands)	Nine months ended
	September 30,
	2022		2021
Operating lease cost	$	6,185		6,029
Variable lease cost		1,706		1,508
Total Lease costs	$	7,891		7,537

Supplemental Cash Flows Information

(dollars in thousands)	Nine months ended
	September 30,
	2022			2021
Supplemental cash flows information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	6,262			6,121
Right-of-use assets obtained in exchange for lease obligations:		2,484			2,696
Weighted average remaining lease term	9.0 years			8.7 years
Weighted average discount rate		2.96	%		3.07	%

Future Minimum Lease Payments

Future minimum lease payments under non-cancellable leases as of September 30, 2022 were as follows:

(dollars in thousands)
Year ending
December 31,
2022(a)	$	2,065
2023		8,234
2024		8,082
2025		7,675
2026		6,700
Thereafter		24,529
Total lease payments	$	57,285
Less: Interest		7,208
Present value of lease liabilities	$	50,077

^(a) Excluding the nine months ended September 30, 2022.