Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Summary of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

	December 31,
	2022			2021
	(Dollars in thousands)
Operating lease ROU assets	$	33,423		$	—
Operating lease liabilities		34,532			—
Weighted-average remaining lease term-operating leases	13.5 years				—
Weighted average discount rate-operating leases		4.9	%		—

Summary of Lease Expense and Cash Flow Information Related to Leases

The components of lease expense and cash flow information related to leases were as follows:

		For the Years Ended December 31,
		2022		2021
		(Dollars in thousands)
Lease Cost
Operating lease cost	Occupancy and equipment	$	4,416	$	2,158
Operating lease cost	Other operating expenses		7		3
Short-term lease cost	Other operating expenses		11		7
Variable lease cost	Occupancy and equipment		155		177
Total lease cost		$	4,589	$	2,345

Summary of Minimum Annual Rental Payments under Terms of Leases

The Company’s minimum annual rental payments under the terms of the leases are as follows at December 31, 2022:

	Minimum Rental
Years ended December 31:	(in thousands)
2023	$	3,785
2024		3,833
2025		3,635
2026		3,422
2027		3,495
Thereafter		29,041
Total Minimum payments required		47,211
Less: implied interest		12,679
Present value of lease liabilities	$	34,532