v3.25.4

Note 14 - Leases | 12 Months Ended
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Dec. 31, 2025
Notes to Financial Statements |
Lessee, Operating Leases [Text Block] | 14. LEASES As of December 31, 2025, all of the leases to which the Company was a party were operating leases. The weighted average remaining term of the leases was 8.3 years. The weighted average discount rate for the leases was 6.04%. Maturities of operating lease liability payments consisted of the following. ﻿ ﻿
FUTURE MATURITY OF LEASE LIABILITIES
(Dollars in Thousands)
|  | December 31, 2025 |
2026 |  | $ | 2,876 |
2027 |  |  | 2,916 |
2028 |  |  | 2,826 |
2029 |  |  | 2,518 |
2030 |  |  | 2,100 |
Thereafter |  |  | 8,516 |
Total |  |  | 21,752 |
Less imputed interest |  |  | (4,793 | )
Lease obligation |  | $ | 16,959 |
During the twelve months ended December 31, 2025 and 2024, total cash payments of $2,194 and $1,948, respectively, were recorded as a reduction in the operating lease obligation. No cash payments were made to acquire right of use assets.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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