Leases (Tables)

6 Months Ended

Jun. 30, 2023

Leases

Schedule of right-of-use assets and lease liabilities

		June 30,		December 31,
(dollars in thousands)		2023		2022
Lease Right-of-Use Assets	Classification
Operating lease right-of-use assets	Operating lease right-of-use assets	$	6,440	$	5,419
Lease Liabilities
Operating lease liabilities	Operating lease liabilities	$	6,746	$	5,902

Schedule of weighted average remaining lease term and average discount rate

	June 30,		December 31,
	2023		2022
Weighted-average remaining lease term, years
Operating leases	4.5		5.0
Weighted-average discount rate
Operating leases	3.6	%	3.1	%

Schedule of lease costs and other lease information

	Three months ended				Six months ended
	June 30,				June 30,
(dollars in thousands)	2023		2022		2023		2022
Lease costs
Operating lease cost	$	354	$	414	$	935	$	825
Variable lease cost		474		150		699		363
Short-term lease cost		39		43		82		88
Finance lease cost
Interest on lease liabilities		—		1		—		5
Amortization of right-of-use assets		—		29		—		58
Sublease income		(60)		(59)		(119)		(116)
Net lease cost	$	807	$	578	$	1,597	$	1,223
Other information
Cash paid for amounts included in the measurement of lease liabilities operating cash flows from operating leases	$	474	$	393	$	953	$	784
Right-of-use assets obtained in exchange for new operating lease liabilities		2,029		—		2,286		—

Schedule of future minimum payments for leases

	Operating
(dollars in thousands)	Leases
Twelve months ended
June 30, 2024	$	1,861
June 30, 2025		1,428
June 30, 2026		1,158
June 30, 2027		791
June 30, 2028		408
Thereafter		2,135
Total future minimum lease payments	$	7,781
Amounts representing interest		(1,035)
Total operating lease liabilities	$	6,746