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Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases  
Schedule of lease costs

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

(Dollars in thousands)

 

2024

 

2023

 

2024

 

2023

 

Lease costs:

Operating lease costs

$

723

$

690

$

1,389

$

1,395

Short-term lease costs

 

131

 

111

 

294

 

215

Variable lease costs

 

36

 

34

 

79

 

77

Total lease costs

$

890

$

835

$

1,762

$

1,687

Cash paid for amounts included in measurement of lease liabilities

$

779

$

(139)

$

974

$

630

ROU assets obtained in exchange for new operating lease liabilities

$

695

$

388

$

1,099

$

506

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

June 30,

(Dollars in thousands)

    

2024

2024

$

1,477

2025

 

2,378

2026

 

2,224

2027

 

2,155

2028

 

1,902

Thereafter

 

9,422

Total

19,558

Less present value discount

(1,945)

Present value of leases

$

17,613

Schedule of other lease related information

June 30,

June 30,

    

2024

    

2023

 

Weighted-average remaining lease term (years)

 

9.57

 

8.99

Weighted-average discount rate

2.22

%

2.14

%