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Leases (Tables)
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Information about leases

(Dollars in thousands)

June 30, 2023

 

December 31, 2022

 

Lease liabilities

$

9,392

$

9,908

Right-of-use assets

$

9,077

$

9,629

Weighted average remaining lease term

 

12.36

years

 

12.55

years

Weighted average discount rate

 

2.55

%

 

2.50

%

For the Three Months Ended

For the Six Months Ended

June 30,

June 30,

Lease cost (in thousands)

2023

2022

2023

2022

Operating lease cost

$

327

$

332

$

667

$

666

Short-term lease cost

 

 

 

 

Total lease cost

$

327

$

332

$

667

$

666

Cash paid for amounts included in the measurement of lease liabilities

$

310

$

311

$

631

$

621

Operating lease liabilities

As of

Lease payments due (in thousands)

June 30, 2023

Six months ending December 31, 2023

$

600

2024

1,141

2025

 

917

2026

916

2027

849

Thereafter

6,584

Total undiscounted cash flows

$

11,007

Discount

1,615

Lease liabilities

$

9,392

Minimum future annual rental income

As of

(In thousands)

June 30, 2023

Six months ending December 31, 2023

$

412

2024

701

2025

 

719

2026

 

737

2027

418

Thereafter

1,554

Total

$

4,541