Leases

6 Months Ended

Jun. 30, 2023

Leases [Abstract]

Leases

LEASES

Lease expenses for offices are included in the consolidated condensed statements of income in net occupancy expense and lease expenses for equipment and ATMs are included in equipment expense. Components of lease expense for the three and six months ended June 30, 2023 were as follows (in thousands):

	Three Months Ended June 30,			Six Months Ended  June 30,
	2023		2022	2023	2022
Operating lease expense	$	283	185	442	344
Short-term lease expense	12		50	46	84
Variable lease expense	3		1	3	1
Other	7		2	10	5
Total lease expense	$	305	238	501	434

Other information related to leases at June 30, 2023 were as follows (dollars in thousands):

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	223
Right-of-use assets obtained in exchange for new operating lease liabilities	$	—
Weighted average remaining lease term in years for operating leases	32.7
Weighted average discount rate for operating leases	3.49		%