Leases (Tables)

3 Months Ended

Mar. 31, 2022

Leases

Schedule of right-of-use assets and lease liabilities

		March 31,		December 31,
(dollars in thousands)		2022		2021
Lease Right-of-Use Assets	Classification
Operating lease right-of-use assets	Operating lease right-of-use assets	$	3,360	$	3,727
Finance lease right-of-use assets	Land, premises and equipment, net		58		87
Total lease right-of-use assets		$	3,418	$	3,814
Lease Liabilities
Operating lease liabilities	Operating lease liabilities	$	3,850	$	4,275
Finance lease liabilities	Long-term debt		143		203
Total lease liabilities		$	3,993	$	4,478

Schedule of weighted average remaining lease term and average discount rate

	March 31,		December 31,
	2022		2021
Weighted-average remaining lease term, years
Operating leases	3.3		3.4
Finance leases	0.5		0.8
Weighted-average discount rate
Operating leases	2.3	%	2.5	%
Finance leases	7.8	%	7.8	%

Schedule of lease costs and other lease information

	Three months ended
	March 31,
(dollars in thousands)	2022		2021
Lease costs
Operating lease cost	$	411	$	496
Variable lease cost		213		233
Short-term lease cost		45		37
Finance lease cost
Interest on lease liabilities		4		8
Amortization of right-of-use assets		29		29
Sublease income		(57)		(60)
Net lease cost	$	645	$	743
Other information
Cash paid for amounts included in the measurement of lease liabilities operating cash flows from operating leases	$	392	$	487
Right-of-use assets obtained in exchange for new operating lease liabilities	$	—	$	—

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 March 31, 2022 were as follows:

	Finance		Operating
(dollars in thousands)	Leases		Leases
Twelve months ended
March 31, 2023	$	146	$	1,597
March 31, 2024		—		1,439
March 31, 2025		—		676
March 31, 2026		—		389
March 31, 2027		—		250
Thereafter		—		238
Total future minimum lease payments	$	146	$	4,589
Amounts representing interest		(3)		(739)
Total operating lease liabilities	$	143	$	3,850

Schedule of future minimum payments for operating leases

	Finance		Operating
(dollars in thousands)	Leases		Leases
Twelve months ended
March 31, 2023	$	146	$	1,597
March 31, 2024		—		1,439
March 31, 2025		—		676
March 31, 2026		—		389
March 31, 2027		—		250
Thereafter		—		238
Total future minimum lease payments	$	146	$	4,589
Amounts representing interest		(3)		(739)
Total operating lease liabilities	$	143	$	3,850