XML 42 R33.htm IDEA: XBRL DOCUMENT v3.23.3
Leases (Tables)
9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Assets And Liabilities, Lessee

The following tables present information about the Company’s leases:

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2023

 

 

December 31, 2022

 

 

 

 

 

 

 

Lease liabilities

 

$

4,736

 

 

$

4,978

 

 

 

 

 

 

 

Right-of-use assets

 

$

4,482

 

 

$

4,766

 

 

 

 

 

 

 

Weighted average remaining lease term

 

14 years

 

 

14 years

 

 

 

 

 

 

 

Weighted average discount rate

 

 

3.08

%

 

 

3.04

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

Lease Cost

 

September 30, 2023

 

 

September 30, 2022

 

 

September 30, 2023

 

 

September 30, 2022

 

Operating lease cost

 

$

132

 

 

$

132

 

 

$

396

 

 

$

396

 

Short-term lease cost

 

 

4

 

 

 

3

 

 

 

11

 

 

 

11

 

Total lease cost

 

$

136

 

 

$

135

 

 

$

407

 

 

$

407

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

$

118

 

 

$

116

 

 

$

354

 

 

$

348

 

Lessee, Operating Lease, Liability, Maturity

A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liabilities is as follows:

 

(dollars in thousands)

 

As of

 

Lease payments due

 

September 30, 2023

 

Twelve months ending September 30, 2024

 

$

478

 

Twelve months ending September 30, 2025

 

 

497

 

Twelve months ending September 30, 2026

 

 

428

 

Twelve months ending September 30, 2027

 

 

390

 

Twelve months ending September 30, 2028

 

 

394

 

Thereafter

 

 

3,853

 

Total undiscounted cash flows

 

$

6,040

 

Discount

 

 

(1,304

)

Lease liabilities

 

$

4,736