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Leases and Commitments (Tables)
12 Months Ended
Dec. 31, 2024
Leases and Commitments  
Summary of net lease cost

    

For the years ended December 31, 

(In thousands)

2024

2023

Operating lease cost

$

732

$

777

Net lease cost

$

732

$

777

Summary of cash and non-cash activities associated with the Company's leases

    

For the years ended December 31, 

(In thousands)

2024

2023

Cash paid for amounts included in the measurement of lease liabilities:

 

  

  

Operating cash flows for operating leases

$

711

$

742

Summary of other information related to the company's operating leases

    

December 31, 2024

    

December 31, 2023

 

Weighted average remaining lease term in years

 

9.47

10.20

Weighted average discount rate

 

2.94

%  

3.04

%

Summary of maturity of remaining lease liabilities

(In thousands)

    

December 31, 2024

2025

$

703

2026

 

716

2027

 

672

2028

 

436

2029

 

428

2030 and thereafter

 

2,399

Total lease payments

$

5,354

Less: Interest

 

(580)

Present value of lease liabilities

$

4,774