Leases (Tables)

12 Months Ended

Dec. 31, 2021

	As of December 31,
(Dollars in thousands)	2021			2020
Lease liabilities	$	7,753		$	6,607
Right-of-use assets	$	7,154		$	6,195
Weighted-average remaining lease term – operating leases (in months).		173.2			187.5
Weighted-average discount rate – operating leases		2.81	%		3.12	%

	For the year ended December 31,
(Dollars in thousands)	2021			2020
Lease Cost
Operating lease cost	$	693		$	590
Total lease costs	$	693		$	590
Cash paid for amounts included in measurement of lease liabilities	$	590		$	399

Schedule of Maturity Analysis of Annual Undiscounted Cash Flows of Operating Lease Liabilities

A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities as of December 31, 2021 is as follows:

(Dollars in thousands)
2022	$	607
2023		638
2024		654
2025		671
2026		689
Thereafter		6,268
Total undiscounted cash flows		9,527
Discount		(1,774	)
Lease liabilities	$	7,753