At March 31, 2026, the Company had 30 operating leases consisting of branch locations, office facilities and equipment. The lease right-of-use asset is classified within premises and equipment and the lease liability is included in other liabilities on the balance sheet. The Company also owns certain office facilities which it leases to outside parties under operating lessor leases; however, such leases are not significant. There were no sale and leaseback transactions, leveraged leases or lease transactions with related parties during the three months ended March 31, 2026 and 2025.

Supplemental lease information at the dates indicated was as follows:


	March 31, 2026			December 31, 2025
	(Dollars in thousands)
Balance Sheet:
Operating lease right-of-use asset classified as premises and equipment	$	14,342		$	15,327
Operating lease liability classified as other liabilities	$	15,511		$	16,308
Weighted-average lease term, in years	6.64			6.74
Weighted-average discount rate	4.37		%	4.35		%


	Three Months Ended March 31,
	2026		2025
	(In thousands)
Income Statement:
Operating lease cost	$	1,706	$	1,763
Short-term lease cost	7		6
Total operating lease costs	$	1,713	$	1,769

The following table summarizes the contractual maturity of the Company’s lease liabilities as of the dates indicated below:


	March 31, 2026		December 31, 2025
	(In thousands)
Lease payments due:
Within one year	$	3,133	$	4,095
After one but within two years	3,917		3,917
After two but within three years	3,756		3,756
After three but within four years	2,000		2,000
After four but within five years	1,030		1,030
After five years	4,409		4,410
Total lease payments	18,245		19,208
Less: discount on cash flows	(2,734)		(2,900)
Total lease liability	$	15,511	$	16,308