LEASES (Tables) |
6 Months Ended |
|---|---|
Jun. 30, 2024 | |
| Leases [Abstract] | |
| Summary of lease expense and other information related to operating leases |
Three Months Ended
Six Months Ended
June 30,
June 30,
(Dollars in Thousands)
2024
2023
2024
2023
Operating lease expense
$
828
$
705
$
1,668
$
1,405
Short-term lease expense
195
132
389
271
Total lease expense
$
1,023
$
837
$
2,057
$
1,676
Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases
$
784
$
706
$
1,494
$
1,411
Right-of-use assets obtained in exchange for new operating lease liabilities
40
87
40
2,993
Weighted average
16.7
18.5
16.7
18.5
Weighted average
3.5%
3.3%
3.5%
3.3%
|
| Summary of maturity of remaining lease liabilities |
The table below summarizes the maturity of remaining lease liabilities:
(Dollars in Thousands)
June 30, 2024
2024
$
1,644
2025
3,083
2026
2,947
2027
2,882
2028
2,633
2029 and thereafter
20,690
Total
$
33,879
Less: Interest
(7,505)
Present Value
$
26,374
|
| X | ||||||||||
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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