Leases (Tables)

6 Months Ended

Jun. 30, 2023

Leases

Schedule of Company's leases

At June 30, 2023 and December 31, 2022, the quantitative data relating to the Company’s leases are as follows (in thousands):

	June 30,			December 31,
	2023			2022
Finance Lease Amounts:
ROU asset	$	353		$	355
Lease liability	$	552		$	533
Operating Lease Amounts:
ROU assets	$	2,055		$	2,312
Lease liabilities	$	2,109		$	2,363
Weighted-average remaining lease term
Finance lease		93.5 years			94 years
Operating leases		5.94 years			6.19 years
Weighted-average discount rate
Finance lease		9.50	%		9.50	%
Operating leases		1.43	%		1.50	%

The components of lease expense and cash flow information related to leases as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
	(Dollars In Thousands)				(Dollars In Thousands)
Finance Lease Cost
Amortization of ROU asset	$	1		1	$	2	$	2
Interest on lease liability	$	9		9	$	19	$	19
Operating Lease Costs	$	109		141	$	253	$	283
Cash paid for amounts included in the measurement of lease liabilities
Finance lease	$	—		—	$	—	$	—
Operating leases	$	106		139	$	248	$	277

Maturities of operating lease liabilities

Maturities of lease liabilities at June 30, 2023 are as follows (in thousands):

	Operating		Finance
	Leases		Lease
Years ended December 31:
2023	$	236	$	15
2024		436		30
2025		398		30
2026		235		31
2027		239		33
Thereafter		636		4,016
Total lease payments	$	2,180	$	4,155
Interest		(71)		(3,603)
Lease liability	$	2,109	$	552

Maturities of financing lease liabilities

	Operating		Finance
	Leases		Lease
Years ended December 31:
2023	$	236	$	15
2024		436		30
2025		398		30
2026		235		31
2027		239		33
Thereafter		636		4,016
Total lease payments	$	2,180	$	4,155
Interest		(71)		(3,603)
Lease liability	$	2,109	$	552