XML 45 R31.htm IDEA: XBRL DOCUMENT v3.24.1
LEASES (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Lessee, Operating Lease, Liability, Maturity
The tables below summarize our lease expense and other information related to the Company’s operating leases (dollars in thousands):
Twelve Months
Ended
Dec 31, 2023
Operating lease expense $8,038 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases 7,890 
Weighted-average remaining lease term – operating leases (in years)7.01
Weighted-average discount rate – operating leases5.45 %
Lease Maturity Schedule as of December 31, 2023:
Amount
20248,612 
20258,227 
20267,677 
20276,801 
20285,849 
2028 and beyond14,768 
Total51,933 
Less: Discount(8,898)
Present Value of Lease Liability$43,035 
Present Value of Lease Asset$41,938 
Twelve Months
Ended
Dec 31, 2022
Operating lease expense $7,843 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases 7,707 
Weighted-average remaining lease term – operating leases (in years)7.09
Weighted-average discount rate – operating leases4.84 %
Lease Maturity Schedule as of December 31, 2022:
Amount
20237,785 
20247,004 
20256,642 
20266,086 
20275,297 
2027 and beyond13,309 
Total46,123 
Less: Discount(7,104)
Present Value of Lease Liability$39,019 
Present Value of Lease Asset$38,153