Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Information about Leases

The following tables present information about the Company’s leases:

(dollars in thousands)	December 31, 2021
Lease liabilities	$	1,041
Right-of-use assets	$	1,017
Weighted average remaining lease term		3.64 years
Weighted average discount rate		1.73	%

Lease Cost

	Years Ended December 31,
Lease cost (in thousands)	2021		2020
Operating lease cost	$	347	$	380
Total lease cost	$	347	$	380
Cash paid for amounts included in the measurement of lease liabilities	$	351	$	377

Maturity 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 is as follows:

Lease payments due (in thousands)	As of December 31, 2021
Twelve months ending December 31, 2022	$	339
Twelve months ending December 31, 2023		248
Twelve months ending December 31, 2024		240
Twelve months ending December 31, 2025		193
Thereafter		70
Total undiscounted cash flows	$	1,090
Discount		(49	)
Lease liabilities	$	1,041