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Premises and Equipment (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Schedule of Premises and Equipment
The following table presents the components of premises and equipment as of the periods indicated:
(Dollars in thousands)June 30, 2021December 31, 2020
Land$3,936 $3,936 
Buildings and improvements11,629 14,350 
Furniture, fixtures and equipment16,612 17,669 
Construction in progress538 28 
Leasehold improvements3,079 3,079 
35,794 39,062 
Accumulated depreciation(14,761)(14,126)
Net premises and equipment$21,033 $24,936 
Summary of Lease Cost
The following table presents lease costs for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
(Dollars in thousands)2021202020212020
Amortization of right-of-use assets, finance leases$14 $18 $28 $36 
Interest on lease liabilities, finance leases— 112
Operating lease cost477577954 1,121 
Short-term lease cost12326
Variable lease cost9101920
Total lease cost$502 $618 $1,005 $1,205 
Summary of Finance Lease Liability
The following table presents future minimum payments for finance leases and operating leases with initial or remaining terms of one year or more as of June 30, 2021:
(Dollars in thousands)Finance LeasesOperating Leases
2021$59 $1,820 
202214 1,822 
20231,724 
20241,705 
20251,722 
2026 and thereafter— 13,001 
Total future minimum lease payments$84 $21,794 
Less: Amounts representing interest(1)(3,921)
Present value of net future minimum lease payments$83 $17,873 
Summary of Operating Lease Liability
The following table presents future minimum payments for finance leases and operating leases with initial or remaining terms of one year or more as of June 30, 2021:
(Dollars in thousands)Finance LeasesOperating Leases
2021$59 $1,820 
202214 1,822 
20231,724 
20241,705 
20251,722 
2026 and thereafter— 13,001 
Total future minimum lease payments$84 $21,794 
Less: Amounts representing interest(1)(3,921)
Present value of net future minimum lease payments$83 $17,873