Leases (Tables)

3 Months Ended

Mar. 31, 2024

Leases

Schedule of right-of-use assets and lease liabilities

		March 31,		December 31,
(dollars in thousands)		2024		2023
Lease Right-of-Use Assets	Classification
Operating lease right-of-use assets	Operating lease right-of-use assets	$	5,112	$	5,436
Lease Liabilities
Operating lease liabilities	Operating lease liabilities	$	5,420	$	5,751

Schedule of weighted average remaining lease term and average discount rate

	March 31,		December 31,
	2024		2023
Weighted-average remaining lease term, years
Operating leases	7.4		7.3
Weighted-average discount rate
Operating leases	3.8	%	3.9	%

Schedule of lease costs and other lease information

	Three months ended
	March 31,
(dollars in thousands)	2024		2023
Lease costs
Operating lease cost	$	461	$	581
Variable lease cost		266		225
Short-term lease cost		36		43
Finance lease cost
Interest on lease liabilities		—		—
Amortization of right-of-use assets		—		—
Sublease income		(48)		(60)
Net lease cost	$	715	$	789
Other information
Cash paid for amounts included in the measurement of lease liabilities operating cash flows from operating leases	$	460	$	479
Right-of-use assets obtained in exchange for new operating lease liabilities		108		257

Schedule of future minimum payments for leases

	Operating
(dollars in thousands)	Leases
Twelve months ended
March 31, 2025	$	1,641
March 31, 2025		1,267
March 31, 2026		1,088
March 31, 2027		540
March 31, 2028		335
Thereafter		1,832
Total future minimum lease payments	$	6,703
Amounts representing interest		(1,283)
Total operating lease liabilities	$	5,420