Leases (Tables)

3 Months Ended

Mar. 31, 2023

Leases [Abstract]

Summary of Company's Leases

The following tables present information about the Company’s leases as of the dates and for the periods stated.

(Dollars in thousands)	March 31, 2023			December 31, 2022
Right-of-use assets	$	6,470		$	6,903
Lease liabilities	$	7,398		$	7,860
Weighted average remaining lease term (years)		5.62			5.85
Weighted average discount rate		2.42	%		2.40	%

Summary of Lease Liabilities are Included within Other Liabilities

	For the three months ended March 31,
(Dollars in thousands)	2023		2022
Operating lease cost	$	715	$	555
Total lease cost		715		555
Cash paid for amounts included in the measurement of lease liabilities		599		736

Summary of Operating Lease Liabilities

The following table presents a maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities as of the date stated.

(Dollars in thousands)	March 31, 2023
Nine months ending December 31, 2023	$	1,484
Twelve months ending December 31, 2024		1,464
Twelve months ending December 31, 2025		1,191
Twelve months ending December 31, 2026		1,073
Twelve months ending December 31, 2027		990
Thereafter		1,786
Total undiscounted cash flows		7,988
Discount		(590	)
Lease liabilities	$	7,398