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Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Summary of Operating and Finance Lease Right-of-Use Assets and Related Lease Liabilities
Supplemental consolidated balance sheet information for each of the lease classifications as of December 31 was as follows:
20232022
(Dollars in thousands)Operating
Leases 		Finance
Lease 		Operating
Leases 		Finance
Lease
ROU$8,953$2,727$8,798$2,907
Lease liability9,2853,1979,7253,290
Weighted average remaining lease term (in years)5.6015.176.3016.17
Weighted average discount rate3.66 %3.81 %3.25 %3.81 %
Summary of Lease Costs
Interest expense on finance lease liabilities is included in other interest expense, while all other lease costs are included in occupancy expense on Mid Penn’s Consolidated Statements of Income. Following is a summary of lease costs during the years ended December 31:
(In thousands)202320222021
Finance lease cost:
Amortization of ROU asset$180 $180 $180 
Interest expense on lease liability123 127 130 
Total finance lease cost303 307 310 
Operating lease cost2,081 2,057 2,002 
Short-term and equipment lease costs— — 29 
Sublease income(29)(24)(27)
Total lease costs$2,355 $2,340 $2,314 
Supplemental cash flow information related to operating and finance leases for the years ended December 31 was as follows:
(In thousands)2023 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases$123 $127 
Operating cash flows from operating leases2,556 2,939 
Financing cash flows from finance leases9390
Schedule of Future Minimum Rental Payments of Operating Leases
A maturity analysis of operating and finance lease liabilities and a reconciliation of the undiscounted cash flows to the total operating and finance lease liability amounts is presented below.
December 31, 2023
(In thousands)Operating Leases Finance Lease
Lease payments due:
2024$2,432 $252 
20251,998 259 
20261,757 260 
20271,508 260 
2028771 260 
2029 and thereafter1,795 2,954 
Total lease payments10,261 4,245 
Less: imputed interest(976)(1,048)
Present value of lease liabilities$9,285 $3,197 
Finance Lease, Liability, Fiscal Year Maturity
A maturity analysis of operating and finance lease liabilities and a reconciliation of the undiscounted cash flows to the total operating and finance lease liability amounts is presented below.
December 31, 2023
(In thousands)Operating Leases Finance Lease
Lease payments due:
2024$2,432 $252 
20251,998 259 
20261,757 260 
20271,508 260 
2028771 260 
2029 and thereafter1,795 2,954 
Total lease payments10,261 4,245 
Less: imputed interest(976)(1,048)
Present value of lease liabilities$9,285 $3,197