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Leases (Tables) | 9 Months Ended
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Sep. 30, 2024
Leases [Abstract] |
Schedule of Lease Information | Schedule of Lease Information
(Dollars in thousands) |  | September 30, 2024 |  |  | December 31, 2023 |
Right-of-use assets |  | $ | 2,546 |  |  | $ | 3,248 |
Lease liabilities |  | $ | 2,711 |  |  | $ | 3,426 |
Weighted average remaining lease term |  |  | 11.34 years |  |  |  | 11.70 years |
Weighted average discount rate |  |  | 4.21 | % |  |  | 4.29 | %
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
(Dollars in thousands) |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Operating lease cost |  | $ | 102 |  |  | $ | 112 |  |  | $ | 327 |  |  | $ | 336 |
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 129 |  |  | $ | 103 |  |  | $ | 340 |  |  | $ | 309 |
Schedule of Future Undiscounted Operating Lease Payments | The following table shows future undiscounted lease payments for operating leases with initial terms of one year or more as of September 30, 2024. Schedule of Future Undiscounted Operating Lease Payments
(Dollars in thousands) |  |  |
Year |  | Operating Leases |
2024 |  | $ | 93 |
2025 |  |  | 377 |
2026 |  |  | 386 |
2027 |  |  | 363 |
2028 |  |  | 303 |
Thereafter |  |  | 1,945 |
Total undiscounted lease payments |  | $ | 3,467 |
Less effect of discounting |  |  | (756 | )
Present value of estimated lease payments (lease liability) |  | $ | 2,711 |

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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 840 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481501/840-20-50-2 + Details
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