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Leases (Tables)
12 Months Ended
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,
20232022
(Dollars in thousands)
Operating lease cost$5,279 $4,942 
Short-term lease cost80 80 
Variable lease cost1,243 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 period6,880 2,869 
Weighted average remaining lease term of operating leases, in years, at period end6.26.5
Weighted average discount rate of operating leases, at period end2.95 %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 
20254,977 
20264,575 
20274,134 
20282,583 
Thereafter6,754 
Total lease payments28,186 
Implied interest(2,644)
ROU liability$25,542