XML 45 R35.htm IDEA: XBRL DOCUMENT
v3.23.4

Leases (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Leases [Abstract] |
Information about leases | The following tables present information about the Company’s leases.
(Dollars in thousands) |  | September 30, 2023 |  | December 31, 2022
Lease liabilities |  | $ | 13,082 |  |  | $ | 9,908 |
Right-of-use assets |  | $ | 12,741 |  |  | $ | 9,629 |
Weighted average remaining lease term |  | 11.07 years |  | 12.55 years
Weighted average discount rate |  | 3.18 | % |  | 2.50 | %
Remaining lease term - min |  | 0.64 years |  | 0.16 years
Remaining lease term - max |  | 17.93 years |  | 18.68 years
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
Lease cost (in thousands) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Operating lease cost |  | $ | 485 |  |  | $ | 340 |  |  | $ | 1,153 |  |  | $ | 1,007 |
Total lease cost |  | $ | 485 |  |  | $ | 340 |  |  | $ | 1,153 |  |  | $ | 1,007 |
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 459 |  |  | $ | 318 |  |  | $ | 1,090 |  |  | $ | 939 |
Operating lease liabilities | A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities is as follows:
Lease payments due (in thousands) |  | As of September 30, 2023
Three months ending December 31, 2023 |  | $ | 460 |
2024 |  | 1,768 |
2025 |  | 1,544 |
2026 |  | 1,554 |
2027 |  | 1,454 |
Thereafter |  | 8,669 |
Total undiscounted cash flows |  | $ | 15,449 |
Discount |  | 2,367 |
Lease liabilities |  | $ | 13,082 |
Minimum future annual rental income | The following table presents our minimum future annual rental income on such leases as of September 30, 2023.
(In thousands) |  | As of September 30, 2023
Three months ending December 31, 2023 |  | $ | 206 |
2024 |  | 701 |
2025 |  | 719 |
2026 |  | 737 |
2027 |  | 418 |
Thereafter |  | 1,554 |
Total |  | $ | 4,335 |

X
- 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
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479773/842-30-50-12 + Details
Name: | us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration