Leases (Tables)

6 Months Ended

Jun. 30, 2022

Leases

Schedule of right-of-use assets and lease liabilities

		June 30,		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	$	3,439	$	3,727
Finance lease right-of-use assets	Land, premises and equipment, net		29		87
Total lease right-of-use assets		$	3,468	$	3,814
Lease Liabilities
Operating lease liabilities	Operating lease liabilities	$	3,856	$	4,275
Finance lease liabilities	Long-term debt		83		203
Total lease liabilities		$	3,939	$	4,478

Schedule of weighted average remaining lease term and average discount rate

	June 30,		December 31,
	2022		2021
Weighted-average remaining lease term, years
Operating leases	4.3		3.4
Finance leases	0.3		0.8
Weighted-average discount rate
Operating leases	2.8	%	2.5	%
Finance leases	7.8	%	7.8	%

Schedule of lease costs and other lease information

	Three months ended				Six months ended
	June 30,				June 30,
(dollars in thousands)	2022		2021		2022		2021
Lease costs
Operating lease cost	$	414	$	492	$	825	$	988
Variable lease cost		150		158		363		391
Short-term lease cost		43		46		88		83
Finance lease cost
Interest on lease liabilities		1		7		5		15
Amortization of right-of-use assets		29		29		58		58
Sublease income		(59)		(52)		(116)		(112)
Net lease cost	$	578	$	680	$	1,223	$	1,423
Other information
Cash paid for amounts included in the measurement of lease liabilities operating cash flows from operating leases	$	393	$	474	$	784	$	961
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 June 30, 2022 were as follows:

	Finance		Operating
(dollars in thousands)	Leases		Leases
Twelve months ended
June 30, 2023	$	84	$	1,644
June 30, 2024		—		932
June 30, 2025		—		467
June 30, 2026		—		375
June 30, 2027		—		252
Thereafter		—		511
Total future minimum lease payments	$	84	$	4,181
Amounts representing interest		(1)		(325)
Total operating lease liabilities	$	83	$	3,856

Schedule of future minimum payments for operating leases

	Finance		Operating
(dollars in thousands)	Leases		Leases
Twelve months ended
June 30, 2023	$	84	$	1,644
June 30, 2024		—		932
June 30, 2025		—		467
June 30, 2026		—		375
June 30, 2027		—		252
Thereafter		—		511
Total future minimum lease payments	$	84	$	4,181
Amounts representing interest		(1)		(325)
Total operating lease liabilities	$	83	$	3,856