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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases  
Schedule of lease costs

 

Year Ended

 

 

December 31,

 

(Dollars in thousands)

 

2023

 

2022

 

Lease costs:

Operating lease costs

$

2,757

$

2,991

Short-term lease costs

 

511

 

296

Variable lease costs

 

163

 

165

Total lease costs

$

3,431

$

3,452

Cash paid for amounts included in measurement of lease liabilities

$

(991)

$

3,193

ROU assets obtained in exchange for new operating lease liabilities

$

693

$

7,462

Schedule of future minimum rental commitments under noncancellable operating leases and lease payment obligations

December 31,

(Dollars in thousands)

    

2023

2024

$

2,818

2025

 

2,199

2026

 

2,038

2027

 

1,961

2028

 

1,729

Thereafter

 

9,299

Total

20,044

Less lease incentives to be received in 2024

(729)

Less present value discount

(2,018)

Present value of leases

$

17,297

Schedule of other lease related information

December 31,

December 31,

    

2023

    

2022

 

Weighted-average remaining lease term (years)

 

9.77

 

8.88

Weighted-average discount rate

2.15

%

2.03

%