Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Summary of Lease Assets and Liabilities

The following table represents the consolidated balance sheet classification of the Company’s ROU assets and lease liabilities. The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), or equipment leases (deemed immaterial) on the consolidated balance sheet (in thousands):

		December 31,		December 31,
	Classification	2021		2020
Assets:
Operating lease right-of-use assets	Other assets	$	9,812	$	4,797
Liabilities:
Operating lease liabilities	Other liabilities	$	9,881	$	4,827

Summary of Lease Costs and Other Information

The Company elected, for all classes of underlying assets, not to separate lease and non-lease components and instead to account for them as a single lease component, the variable lease cost primarily represents variable payments such as common area maintenance. The following table represents lease costs and other lease information for the years ended December 31, (in thousands):

	2021		2020
Lease costs:
Operating lease costs	$	1,222	$	1,044
Variable lease costs		97		111
Total	$	1,319	$	1,155
Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,180	$	1,265

Schedule of Remaining Minimum Lease Payments

Future minimum payments for operating leases with initial or remaining terms of one year or more as of December 31, 2021 were as follows (in thousands):

	Amounts
2022	$	1,522
2023		1,272
2024		1,061
2025		1,044
2026		946
Thereafter		5,250
Total future minimum lease payments		11,095
Amounts representing interest		(1,214)
Present value of net future minimum lease payments	$	9,881