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Leases (Tables)

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Assets And Liabilities, Lessee

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


(dollars in thousands)
		June 30, 2024				December 31, 2023
Lease liabilities		$	4,485			$	4,653
Right-of-use assets		$	4,194			$	4,387
Weighted average remaining lease term		13 years				14 years
Weighted average discount rate			3.13	%			3.09	%

		Three Months Ended								Six Months Ended
Lease Cost		June 30, 2024				June 30, 2023				June 30, 2024				June 30, 2023
Operating lease cost		$	132			$	132			$	264			$	267
Short-term lease cost			4				4				7				7
Total lease cost		$	136			$	136			$	271			$	274

Cash paid for amounts included in the measurement of lease liabilities		$	119			$	116			$	239			$	235

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		June 30, 2024
Twelve months ending June 30, 2025		$	489
Twelve months ending June 30, 2026			458
Twelve months ending June 30, 2027			390
Twelve months ending June 30, 2028			393
Twelve months ending June 30, 2029			398
Thereafter			3,554
Total undiscounted cash flows		$	5,682
Discount			(1,197	)
Lease liabilities		$	4,485