Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Maturities of Remaining Lease Liabilities

The table below summarizes the maturity of remaining lease liabilities at December 31:

(in thousands)	2023
2024	$	1,040
2025		1,052
2026		672
2027		610
2028		625
2029 and thereafter		895
Total lease payments		4,894
Less: interest		(309	)
Present value of lease liabilities	$	4,585

Supplemental Cash Flow Information Related to Leases

The following table presents supplemental cash flow information related to leases for the year ended December 31:

(in thousands)	2023		2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	1,207	$	1,251
Right-of-use assets obtained in exchange for new operating lease liabilities	$	245	$	869

Weighted Average Operating Lease Term and Discount Rate

The following table presents the weighted average operating lease term and discount rate at December 31:

	2023			2022
Weighted-average remaining lease term - operating leases, in years		5.43			6.14
Weighted-average discount rate - operating leases		2.42	%		2.37	%