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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Schedule of Lease Cost | The table below summarizes the information about our leases during the periods or at period end presented:
| Year Ended December 31,
| 2023 |  | 2022
| (Dollars in thousands)
Operating lease cost | $ | 5,279 |  |  | $ | 4,942 |
Short-term lease cost | 80 |  |  | 80 |
Variable lease cost | 1,243 |  |  | 1,118 |
Sublease income | (392) |  |  | (87) |
Total net lease cost during the period | $ | 6,210 |  |  | $ | 6,053 |
Operating cash used for amounts included in the measurement of lease liabilities during the period | $ | 4,982 |  |  | $ | 4,748 |
ROU assets obtained in exchange for lease liabilities during the period | 6,880 |  |  | 2,869 |
Weighted average remaining lease term of operating leases, in years, at period end | 6.2 |  | 6.5
Weighted average discount rate of operating leases, at period end | 2.95 | % |  | 2.42 | %
Schedule of Lease Payment Obligations | The following table presents the lease payment obligations as of December 31, 2023 as outlined in the Company’s lease agreements for each of the next five years and thereafter, in thousands:
2024 | $ | 5,163 |
2025 | 4,977 |
2026 | 4,575 |
2027 | 4,134 |
2028 | 2,583 |
Thereafter | 6,754 |
Total lease payments | 28,186 |
Implied interest | (2,644) |
ROU liability | $ | 25,542 |

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- 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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