Leases (Tables)

3 Months Ended

Mar. 31, 2024

Leases [Abstract]

Assets And Liabilities, Lessee

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

(dollars in thousands)
	March 31, 2024			December 31, 2023
Lease liabilities	$	4,588		$	4,653
Right-of-use assets	$	4,291		$	4,387
Weighted average remaining lease term	13 years			14 years
Weighted average discount rate		3.11	%		3.09	%
	Three Months Ended
Lease Cost	March 31, 2024			March 31, 2023
Operating lease cost	$	132		$	132
Short-term lease cost		4			4
Total lease cost	$	136		$	136
Cash paid for amounts included in the measurement of lease liabilities	$	118		$	117

Lessee, Operating Lease, Liability, Maturity

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

(dollars in thousands)	As of
Lease payments due	March 31, 2024
Twelve months ending March 31, 2025	$	481
Twelve months ending March 31, 2026		484
Twelve months ending March 31, 2027		393
Twelve months ending March 31, 2028		392
Twelve months ending March 31, 2029		397
Thereafter		3,654
Total undiscounted cash flows	$	5,801
Discount		(1,213	)
Lease liabilities	$	4,588