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Leases (Tables)

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Summary of Lease Liabilities are Included within Other Liabilities

The following tables present information about the Company’s leases as of the dates and for the periods stated.

(Dollars in thousands)		June 30, 2024				December 31, 2023
Lease liabilities		$	8,947			$	9,619
Right-of-use asset		$	8,208			$	8,738
Weighted average remaining lease term (years)			7.10				7.14
Weighted average discount rate			3.41	%			3.25	%

		For the three months ended June 30,								For the six months ended June 30,
(Dollars in thousands)		2024				2023				2024				2023
Operating lease cost		$	426			$	526			$	913			$	1,241
Cash paid for amounts included in the measurement of lease liabilities			411				546				867				1,145

Summary of Operating Lease Liabilities

The following table presents a maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities as of the date stated.

(Dollars in thousands)		June 30, 2024
Six months ending December 31, 2024		$	875
Twelve months ending December 31, 2025			1,703
Twelve months ending December 31, 2026			1,497
Twelve months ending December 31, 2027			1,312
Twelve months ending December 31, 2028			1,122
Thereafter			3,673
Total undiscounted cash flows			10,182
Discount			(1,235	)
Lease liabilities		$	8,947

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

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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

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