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Leases
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Leases Leases
We have operating leases for branch locations, a loan production office, our corporate office and in the past, for certain equipment. The term for our leases begins on the date we become legally obligated for the rent payments or we take possession of the building premises, whichever is earlier. Generally, our real estate leases have initial terms of three to ten years and typically include one renewal option. As of June 30, 2024, our leases had remaining lease terms ranging from three months to 5.0 years. The operating leases generally contain renewal options and require us to pay property taxes and operating expenses for the properties.
The following table presents the lease right-of-use assets and lease liabilities recorded on the Condensed Consolidated Balance Sheets at the dates indicated (in thousands):
June 30,
2024		December 31,
2023
Operating lease right-of-use assets$4,020 $4,496 
Operating lease liabilities$4,328 $4,821 
The following table presents the components of lease expense for the periods indicated (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Operating lease expense
Office leases$270 $269 $540 $537 
Sublease income(1)(3)(4)(6)
Net lease expense$269 $266 $536 $531 
The following table presents the schedule of lease liabilities at the date indicated (in thousands):
June 30, 2024
Remainder of 2024
$1,040 
2025930 
2026948 
2027954 
2028750 
Thereafter— 
Total lease payments4,622 
Less: Present value discount294 
Present value of lease liabilities$4,328 
Lease term and discount rate by lease type consist of the following at the dates indicated:
June 30,
2024		December 31,
2023
Weighted-average remaining lease term:
Office leases4.7 years5.2 years
Weighted-average discount rate (annualized):
Office leases2.78 %2.77 %

Supplemental cash flow information related to leases was as follows for the periods indicated (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
Operating cash flows
Office leases$280 $266 $558 $537