Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases

Schedule of right-of-use assets and lease liabilities

		December 31,		December 31,
(dollars in thousands)		2021		2020
Lease Right-of-Use Assets	Classification
Operating lease right-of-use assets	Operating lease right-of-use assets	$	3,727	$	6,918
Finance lease right-of-use assets	Land, premises and equipment, net		87		202
Total lease right-of-use assets		$	3,814	$	7,120
Lease Liabilities
Operating lease liabilities	Operating lease liabilities	$	4,275	$	7,861
Finance lease liabilities	Long-term debt		203		430
Total lease liabilities		$	4,478	$	8,291

Schedule of weighted average remaining lease term and average discount rate

	December 31,		December 31,
	2021		2020
Weighted-average remaining lease term, years
Operating leases	3.4		5.8
Finance leases	0.8		1.8
Weighted-average discount rate
Operating leases	2.5	%	2.9	%
Finance leases	7.8	%	7.8	%

Schedule of lease costs and other lease information

	Year ended
	December 31,
(dollars in thousands)	2021		2020		2019
Lease costs
Operating lease cost	$	1,827	$	2,457	$	2,378
Variable lease cost		823		1,170		819
Short-term lease cost		181		395		535
Finance lease cost
Interest on lease liabilities		25		42		58
Amortization of right-of-use assets		116		116		116
Sublease income		(228)		(228)		(270)
Net lease cost	$	2,744	$	3,952	$	3,636
Other information
Cash paid for amounts included in the measurement of lease liabilities operating cash flows from operating leases	$	1,763	$	2,432	$	2,376
Right-of-use assets obtained in exchange for new operating lease liabilities	$	267	$	1,555	$	—

Schedule of future minimum payments for finance leases

Future minimum payments for finance and operating leases with initial or remaining terms of one year or more as of December 31, 2021 are as follows:

	Finance		Operating
(dollars in thousands)	Leases		Leases
Twelve months ended
2022	$	209	$	1,663
2023		—		1,343
2024		—		579
2025		—		447
2026		—		252
Thereafter		—		423
Total future minimum lease payments	$	209	$	4,707
Amounts representing interest		(6)		(432)
Total operating lease liabilities	$	203	$	4,275

Schedule of future minimum payments for operating leases

	Finance		Operating
(dollars in thousands)	Leases		Leases
Twelve months ended
2022	$	209	$	1,663
2023		—		1,343
2024		—		579
2025		—		447
2026		—		252
Thereafter		—		423
Total future minimum lease payments	$	209	$	4,707
Amounts representing interest		(6)		(432)
Total operating lease liabilities	$	203	$	4,275