XML 46 R35.htm IDEA: XBRL DOCUMENT v3.24.1.u1
LEASES (Tables)
 3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Lease, Cost [Table Text Block]
The components of lease expense were as follows:
Three months ended
March 31,
(Dollars in thousands)20242023
Operating lease cost$2,044 $1,914 
Variable lease cost790 758 
Total operating lease cost$2,834 $2,672 
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
Future minimum commitments due under these lease agreements as of March 31, 2024 are as follows:
(Dollars in thousands)Operating leases
2024 (remaining nine months)$5,974 
20257,788 
20267,509 
20277,181 
20287,117 
Thereafter43,793 
Total lease payments79,362 
Less imputed interest(16,267)
Total$63,095 
Schedule of supplemental balance sheet information related to leases. [Table Text Block]
The weighted average remaining lease term and discount rate for the Company's operating leases were as follows:
March 31, 2024December 31, 2023
Operating leases
Weighted-average remaining lease term12.2 years12.3 years
Weighted-average discount rate3.44 %3.43 %
Schedule of supplemental cash flow information related to leases [Table Text Block]
Supplemental cash information at March 31, 2024 and 2023 related to leases was as follows:
Three months ended
March 31,
(Dollars in thousands)20242023
Cash paid for amounts included in the measurement of lease liabilities 
Operating cash flows from operating leases$2,121 $1,970 
ROU assets obtained in exchange for lease obligations
Operating leases174 501