XML 38 R32.htm IDEA: XBRL DOCUMENT

Leases (Tables)

3 Months Ended

Mar. 31, 2025

Leases [Abstract]

Assets And Liabilities, Lessee

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


(dollars in thousands)
		March 31, 2025				December 31, 2024
Lease liabilities		$	10,338			$	9,779
Right-of-use assets		$	10,044			$	9,465
Weighted average remaining lease term		12 years				12 years
Weighted average discount rate			4.21	%			4.16	%

		Three Months Ended
Lease Cost		March 31, 2025				March 31, 2024
Operating lease cost		$	284			$	132
Short-term lease cost			4				4
Total lease cost		$	288			$	136

Cash paid for amounts included in the measurement of lease liabilities		$	251			$	118

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		March 31, 2025
2025, remainder		$	817
2026			1,021
2027			1,035
2028			1,058
2029			1,083
Thereafter			8,564
Total undiscounted cash flows		$	13,578
Discount			(3,240	)
Lease liabilities		$	10,338