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Leases
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Leases Leases
We currently have operating leases for branch locations, a loan production office and our corporate office. The term for our leases generally begins on the date we become legally obligated for the rent payments or we take possession of the building premises, whichever is earlier. Our real estate leases have initial terms ranging from one to 10.5 years and typically include one renewal option. As of June 30, 2025, our leases had remaining terms ranging from 8 months to 4.9 years. The operating leases require us to pay property taxes and operating expenses for the properties. We have finance leases for certain equipment, including copier machines. The lease initial term was for 5 years and has a remaining term 4.5 years.
The following table presents the lease right-of-use assets and lease liabilities recorded on the Condensed Consolidated Balance Sheets at the dates indicated (in thousands):
June 30,
2025		December 31,
2024
Operating lease right-of-use assets$3,816 $3,725 
Finance lease right-of-use assets117 — 
Operating lease liabilities4,095 4,013 
Finance lease liabilities118 — 
The following table presents the components of lease expense for the periods indicated (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Lease expense
Operating leases$275 $270 $548 $540 
Finance leases
Amortization of right-of-use assets13 — 13 — 
Interest on lease liabilities3 — 3 — 
Sublease income— (1)— (4)
Net lease expense$291 $269 $564 $536 
The following table presents the schedule of lease liability payments at the date indicated (in thousands):
June 30, Finance LeasesOperating LeasesTotal Lease Payments
2026$29 $1,158 $1,187 
202729 1,132 1,161 
202829 1,086 1,115 
202929 865 894 
203014 106 120 
Total lease payments130 4,347 4,477 
Less: Present value discount12 252 264 
Present value of lease liabilities$118 $4,095 $4,213 
Lease term and discount rate by lease type consisted of the following at the dates indicated:
June 30,
2025		December 31,
2024
Weighted-average remaining lease term:
Operating leases3.9 years4.3 years
Finance leases4.5 years0.0 years
Weighted-average discount rate (annualized):
Operating leases3.09 %2.88 %
Finance leases4.41 %— %

Supplemental cash flow information related to leases was as follows for the periods indicated (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
Operating cash flows:
Operating leases$280 $280 $559 $558 
Finance leases3 — 3 — 
Financing cash flows:
Finance leases12 — 12 — 
Leases Leases
We currently have operating leases for branch locations, a loan production office and our corporate office. The term for our leases generally begins on the date we become legally obligated for the rent payments or we take possession of the building premises, whichever is earlier. Our real estate leases have initial terms ranging from one to 10.5 years and typically include one renewal option. As of June 30, 2025, our leases had remaining terms ranging from 8 months to 4.9 years. The operating leases require us to pay property taxes and operating expenses for the properties. We have finance leases for certain equipment, including copier machines. The lease initial term was for 5 years and has a remaining term 4.5 years.
The following table presents the lease right-of-use assets and lease liabilities recorded on the Condensed Consolidated Balance Sheets at the dates indicated (in thousands):
June 30,
2025		December 31,
2024
Operating lease right-of-use assets$3,816 $3,725 
Finance lease right-of-use assets117 — 
Operating lease liabilities4,095 4,013 
Finance lease liabilities118 — 
The following table presents the components of lease expense for the periods indicated (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Lease expense
Operating leases$275 $270 $548 $540 
Finance leases
Amortization of right-of-use assets13 — 13 — 
Interest on lease liabilities3 — 3 — 
Sublease income— (1)— (4)
Net lease expense$291 $269 $564 $536 
The following table presents the schedule of lease liability payments at the date indicated (in thousands):
June 30, Finance LeasesOperating LeasesTotal Lease Payments
2026$29 $1,158 $1,187 
202729 1,132 1,161 
202829 1,086 1,115 
202929 865 894 
203014 106 120 
Total lease payments130 4,347 4,477 
Less: Present value discount12 252 264 
Present value of lease liabilities$118 $4,095 $4,213 
Lease term and discount rate by lease type consisted of the following at the dates indicated:
June 30,
2025		December 31,
2024
Weighted-average remaining lease term:
Operating leases3.9 years4.3 years
Finance leases4.5 years0.0 years
Weighted-average discount rate (annualized):
Operating leases3.09 %2.88 %
Finance leases4.41 %— %

Supplemental cash flow information related to leases was as follows for the periods indicated (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
Operating cash flows:
Operating leases$280 $280 $559 $558 
Finance leases3 — 3 — 
Financing cash flows:
Finance leases12 — 12 —