XML 40 R28.htm IDEA: XBRL DOCUMENT v3.24.1.u1

Premises and Equipment (Tables)

3 Months Ended

Mar. 31, 2024

Leases [Abstract]

Premises and Equipment

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

(Dollars in thousands)						March 31, 2024						December 31, 2023
Land						$	4,062					$	3,465
Buildings and improvements						13,393						13,393
Furniture, fixtures and equipment						15,762						18,300
Software						6,592						7,140
Construction in progress						3						45
Leasehold improvements						2,836						2,836
						42,648						45,179
Accumulated depreciation						(22,680)						(24,251)
Premises and equipment, net						$	19,968					$	20,928

Lease Cost

The following table presents lease costs for the periods shown:

						Three Months Ended March 31,
(Dollars in thousands)						2024						2023
Amortization of right-of-use assets, finance leases						$	1					$	6
Operating lease cost						450						450
Short-term lease cost						—						5
Variable lease cost						—						10
Sublease income						(97)						(87)
Total lease cost						$	354					$	384

Operating Lease Liability

For operating leases with initial or remaining terms of one year or more as of March 31, 2024, the following table presents future minimum payments for the twelve month periods ended March 31:

(Dollars in thousands)						Operating Leases
2025						$	1,326
2026						1,738
2027						1,611
2028						1,641
2029						1,629
2030 and thereafter						8,320
Total future minimum lease payments						$	16,265
Less: Amounts representing interest						(2,593)
Present value of net future minimum lease payments						$	13,672

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 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
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

+ Details

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