Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Assets And Liabilities, Lessee

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

(dollars in thousands)
	September 30, 2024			December 31, 2023
Lease liabilities	$	4,400		$	4,653
Right-of-use assets	$	4,097		$	4,387
Weighted average remaining lease term	13 years			14 years
Weighted average discount rate		3.14	%		3.09	%
	Three Months Ended						Nine Months Ended
Lease Cost	September 30, 2024			September 30, 2023			September 30, 2024		September 30, 2023
Operating lease cost	$	132		$	132		$	396	$	396
Short-term lease cost		4			4			11		11
Total lease cost	$	136		$	136		$	407	$	407
Cash paid for amounts included in the measurement of lease liabilities	$	120		$	118		$	359	$	354

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	September 30, 2024
Twelve months ending September 30, 2025	$	497
Twelve months ending September 30, 2026		428
Twelve months ending September 30, 2027		390
Twelve months ending September 30, 2028		394
Twelve months ending September 30, 2029		399
Thereafter		3,454
Total undiscounted cash flows	$	5,562
Discount		(1,162	)
Lease liabilities	$	4,400