Leases (Tables)

6 Months Ended

Jun. 30, 2024

Leases

Schedule of right-of-use assets and lease liabilities

		June 30,		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	$	4,871	$	5,436
Lease Liabilities
Operating lease liabilities	Operating lease liabilities	$	5,197	$	5,751

Schedule of weighted average remaining lease term and average discount rate

	June 30,		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				Six months ended
	June 30,				June 30,
(dollars in thousands)	2024		2023		2024		2023
Lease costs
Operating lease cost	$	442	$	354	$	903	$	935
Variable lease cost		206		474		472		699
Short-term lease cost		67		39		104		82
Finance lease cost
Interest on lease liabilities		—		—		—		—
Amortization of right-of-use assets		—		—		—		—
Sublease income		(51)		(60)		(99)		(119)
Net lease cost	$	664	$	807	$	1,380	$	1,597
Other information
Cash paid for amounts included in the measurement of lease liabilities operating cash flows from operating leases	$	460	$	474	$	920	$	953
Right-of-use assets obtained in exchange for new operating lease liabilities		210		2,029		318		2,286

Schedule of future minimum payments for leases

	Operating
(dollars in thousands)	Leases
Twelve months ended
June 30, 2025	$	1,664
June 30, 2026		1,313
June 30, 2027		1,135
June 30, 2028		588
June 30, 2029		383
Thereafter		1,845
Total future minimum lease payments	$	6,928
Amounts representing interest		(1,731)
Total operating lease liabilities	$	5,197