Leases (Tables)

6 Months Ended

Jun. 30, 2024

Leases

Summary of supplemental balance sheet information related to leases

(Dollars in thousands)	June 30, 2024			December 31, 2023
Operating lease ROU asset	$	46,636		$	39,557
Operating lease liability	$	47,485		$	40,822
Weighted-average remaining lease term-operating leases		7.4 years			6.1 years
Weighted average discount rate-operating leases		3.9	%		3.2	%

Schedule of components of lease expense and cash flow information related to leases

		For the three months ended June 30,
(In thousands)	Line Item Presented	2024		2023
Lease Cost
Operating lease cost	Occupancy and equipment	$	2,221	$	2,143
Operating lease cost	Other operating expenses		17		23
Short-term lease cost	Professional services and other operating expenses		40		82
Variable lease cost	Occupancy and equipment		323		281
Total lease cost		$	2,601	$	2,529
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	2,457	$	2,261
Right-of-use assets obtained in exchange for new operating lease liabilities		$	10,894	$	1,198

		For the six months ended June 30,
(In thousands)	Line Item Presented	2024		2023
Lease Cost
Operating lease cost	Occupancy and equipment	$	4,457	$	4,442
Operating lease cost	Other operating expenses		37		46
Short-term lease cost	Professional Services, Occupancy and equipment and Other operating expenses		82		138
Variable lease cost	Occupancy and equipment		593		523
Total lease cost		$	5,169	$	5,149
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	4,909	$	4,655
Right-of-use assets obtained in exchange for new operating lease liabilities		$	10,894	$	2,044

Schedule of Minimum annual rental payments for Bank facilities due under non-cancelable leases

	Minimum Rental
	(In thousands)
Years ended December 31:
2024	$	4,116
2025		9,529
2026		9,438
2027		5,776
2028		5,534
Thereafter		21,413
Total minimum payments required		55,806
Less: implied interest		(8,321)
Total lease obligations	$	47,485