Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Lease Information

The following presents the classification of the right-of-use assets and corresponding liabilities as of the December 31 (dollars

in thousands):

	December 31,
	2023		2022
Lease right-of-use assets
Operating lease right-of-use assets	$	1,819	$	2,067
Lease Liabilities
Operating lease liabilities	$	2,011	$	2,153

Schedule of Future Undiscounted Operating Lease Payments

Approximate future minimum rental commitments under noncancelable leases as of December 31, 2023, are (dollars in thousands):

2024	$	325
2025		360
2026		366
2027		372
2028		377
2029		383
2030		161
Total minimum lease payments		2,344
Amounts representing interest (present value discount)		(333	)
Operating lease liabilities (present value of minimum lease payments)	$	2,011

Weighted-average remaining term (in years)	6.4
Weighted-average discount rate	4.70	%