Annual report [Section 13 and 15(d), not S-K Item 405]

LEASES (Tables)

v3.25.4
LEASES (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Lease Expense and Other Information Related to the Company's Operating Leases
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in Thousands)
2025
2024
2023
Operating lease expense
$
3,604
$
3,347
$
2,919
Short-term lease expense
857
838
622
Total lease expense
$
4,461
$
4,185
$
3,541
Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases
$
3,574
$
3,147
$
2,847
Right-of-use assets obtained in exchange for new operating lease liabilities
4,069
395
6,748
Weighted-average
 
remaining lease term — operating leases (in years)
15.7
16.4
16.9
Weighted-average
 
discount rate — operating leases
3.7
%
3.6
%
3.5
%
Maturity of Remaining Lease Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The table below summarizes the maturity of remaining lease liabilities:
(Dollars in Thousands)
December 31, 2025
2026
$
3,601
2027
3,397
2028
3,111
2029
2,880
2030
2,848
2031 and thereafter
18,445
Total
$
34,282
Less: Interest
(7,350)
Present Value
 
of Lease Liability
$
26,932