Leases (Tables)

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Summary of Right-of-Use Asset and Net Lease Liability

The following table summarizes information related to the Company’s right-of-use asset and net lease liability:

	March 31, 2022
	Operating Leases		Balance Sheet Location
	(Dollars in thousands)
Right-of-use asset	$	65	Other Assets
Net lease liability		65	Other Liabilities

Components of Operating Lease Cost and Other Related Information

The components of operating lease cost and other related information are as follows:

	The three months ended March 31, 2022
	(Dollars in thousands)
Operating lease cost	$	12
Short-term lease cost		—
Variable lease cost (Cost excluded from lease payments)		—
Sublease income		—
Total operating lease cost		12
Other Information:
Cash paid for amounts included in the measurement of lease liabilities - operating cash flows from operating leases		12
Operating lease - operating cash flows (liability reduction)	$	—
Weighted average lease term	2.0 years
Weighted average discount rate		2.46	%

Schedule of Total Minimum Lease Payments Due In Future Periods For Lease Agreements

The total minimum lease payments due in future periods for lease agreements in effect at March 31, 2022 were as follows:

The three months ended March 31, 2022	Future Minimum Lease Payments
	(Dollars in thousands)
Remainder of 2022	$	37
2023		16
2024		10
2025		4
2026		—
Thereafter		—
Total minimum lease payments		67
Less: interest		(2	)
Total lease liability		65