XML 38 R27.htm IDEA: XBRL DOCUMENT v3.22.2

Premises and Equipment (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Schedule of Premises and Equipment

The following table presents the components of premises and equipment as of the periods shown:

(Dollars in thousands)						June 30, 2022						December 31, 2021
Land						$	3,465					$	3,465
Buildings and improvements						13,393						13,393
Furniture, fixtures and equipment						17,719						16,841
Software						5,367						4,176
Construction in progress						502						531
Leasehold improvements						2,963						2,895
						43,409						41,301
Accumulated depreciation						(18,137)						(16,249)
Premises and equipment, net						$	25,272					$	25,052

Summary of Lease Cost

The following table presents lease costs for the periods shown:

						Three Months Ended June 30,												Six Months Ended June 30,
(Dollars in thousands)						2022						2021						2022						2021
Operating lease cost						$	445					$	477					$	890					$	954
Short-term lease cost						8						2						14						3
Variable lease cost						10						9						19						19
Amortization of right-of-use assets, finance leases						14						14						29						28
Interest on lease liabilities, finance leases						—						—						—						1
Total lease cost						$	477					$	502					$	952					$	1,005

Summary of Finance Lease Liability

For operating leases with initial or remaining terms of one year or more as of June 30, 2022, the following table presents future minimum payments for the twelve month periods ended June 30:

(Dollars in thousands)						Operating Leases
2023						$	851
2024						1,651
2025						1,579
2026						1,576
2027						1,584
2028 and thereafter						11,735
Total future minimum lease payments						$	18,976
Less: Amounts representing interest						(3,340)
Present value of net future minimum lease payments						$	15,636

Summary of Operating Lease Liability

For operating leases with initial or remaining terms of one year or more as of June 30, 2022, the following table presents future minimum payments for the twelve month periods ended June 30:

(Dollars in thousands)						Operating Leases
2023						$	851
2024						1,651
2025						1,579
2026						1,576
2027						1,584
2028 and thereafter						11,735
Total future minimum lease payments						$	18,976
Less: Amounts representing interest						(3,340)
Present value of net future minimum lease payments						$	15,636

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980

+ Details

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

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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980

+ 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980

+ 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 physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

+ Details

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