Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Schedule of Lease Information

The following presents the classification of the right-of-use assets and corresponding liabilities as of the dates noted (dollars in thousands):

	September 30,		December 31,
	2023		2022
Lease right-of-use assets
Operating lease right-of-use assets	$	1,883	$	2,067
Lease Liabilities
Operating lease liabilities	$	2,076	$	2,153

Schedule of Future Undiscounted Operating Lease Payments

Approximate future minimum rental commitments under noncancelable leases as of September 30, 2023, are (dollars in thousands):

2023	$	58
2024		354
2025		360
2026		366
2027		372
2028		377
2029		383
2030		161
Total minimum lease payments		2,431
Amounts representing interest (present value discount)		(355	)
Operating lease liabilities (present value of minimum lease payments)		2,076
Weighted-average remaining term (in years)		6.7
Weighted-average discount rate		4.7	%