LEASES (Tables) |
9 Months Ended |
|---|---|
Sep. 30, 2024 | |
| Leases [Abstract] | |
| Summary of lease expense and other information related to operating leases |
Three Months Ended
Nine Months Ended
September 30,
September 30,
(Dollars in Thousands)
2024
2023
2024
2023
Operating lease expense
$
841
$
710
$
2,509
$
2,114
Short-term lease expense
229
167
618
438
Total lease expense
$
1,070
$
877
$
3,127
$
2,552
Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases
$
1,095
$
720
$
2,315
$
2,131
Right-of-use assets obtained in exchange for new operating lease liabilities
29
55
69
3,048
Weighted average
16.7
18.4
16.7
18.4
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)
September 30, 2024
2024
$
1,098
2025
3,093
2026
2,957
2027
2,888
2028
2,633
2029 and thereafter
20,690
Total
$
33,359
Less: Interest
(7,541)
Present Value
$
25,818
|