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OPERATING LEASES (Tables)
6 Months Ended
Jun. 30, 2024
OPERATING LEASES  
Schedule of components of lease cost

Three Months Ended June 30, 

Six Months Ended June 30, 

(Dollars in thousands)

2024

    

2023

2024

    

2023

Operating lease cost

$

537

$

368

$

1,094

$

909

Variable lease cost

 

49

 

44

 

98

 

88

Short-term lease cost

 

 

 

 

Sublease income

 

 

 

 

Total net lease cost

$

586

$

412

$

1,192

$

997

Schedule of Future maturities of the Company's operating lease liabilities

(Dollars in thousands)

    

Twelve Months Ended:

    

Lease Liability

June 30, 2025

$

1,982

June 30, 2026

 

1,736

June 30, 2027

 

1,467

June 30, 2028

 

1,201

June 30, 2029

 

704

After June 30, 2029

 

1,504

Total lease payments

 

8,594

Less: interest discount

 

(851)

Present value of lease liabilities

$

7,743

Schedule of Supplemental Lease Information

 

Supplemental Lease Information

    

June 30, 2024

 

Weighted-average remaining lease term (years)

 

5.7

Weighted-average discount rate

 

3.58

%

Six Months Ended June 30, 

(Dollars in thousands)

    

2024

    

2023

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

 

  

 

  

Operating cash flows from operating leases (cash payments)

$

1,050

$

1,029

Operating cash flows from operating leases (lease liability reduction)

$

908

$

898

Operating lease right-of-use assets obtained in exchange for leases entered into during the period

$

$