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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Components of Lease Expense, Weighted Average Remaining Lease Term, Discount Rates and Supplemental Cash Flow Information
The components of lease expense were as follows:
Three Months EndedThree Months Ended
March 31, 2024March 31, 2023
Finance Lease Cost:
Amortization of Right-of -Use Assets$52 $52 
Interest on Lease Liabilities72 78 
Operating Lease Cost338 373 
Short-term Lease Cost— — 
Total Lease Cost$462 $503 
The weighted average lease term and discount rates were as follows:
March 31, 2024March 31, 2023
Weighted Average Remaining Lease Term:
Finance Leases8 years4 years
Operating Leases6 years7 years
Weighted Average Discount Rate:
Finance Leases11.36 %7.58 %
Operating Leases3.07 %2.82 %
Supplemental cash flow information related to leases were as follows:
Three Months EndedThree Months Ended
March 31, 2024March 31, 2023
Cash paid for amounts in the Measurement of Lease Liabilities:
Operating Cash Flows from Finance Leases$72 $78 
Operating Cash Flows from Operating Leases334 366 
Financing Cash Flows from Finance Leases63 50 
Schedule of Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases were as follows:
March 31, 2024March 31, 2023
Finance Leases
Premises, Furniture and Equipment, Net$1,596 $1,805 
Other Borrowings2,585 2,806 
Operating Leases
Operating Lease Right-of-Use Assets$4,882 $5,971 
Operating Lease Liabilities5,043 6,127 
Schedule of Maturity of Finance Lease Liabilities
The following table presents a maturity analysis of Finance and Operating Lease Liabilities:
March 31, 2024
Finance LeasesOperating Leases
Year 1$519 $1,219 
Year 2519 967 
Year 3519 800 
Year 4465 645 
Year 5438 595 
Thereafter1,401 1,358 
Total Lease Payments3,861 5,584 
Less Imputed Interest(1,276)(541)
Total$2,585 $5,043 
Schedule of Maturity of Operating Lease Liabilities
The following table presents a maturity analysis of Finance and Operating Lease Liabilities:
March 31, 2024
Finance LeasesOperating Leases
Year 1$519 $1,219 
Year 2519 967 
Year 3519 800 
Year 4465 645 
Year 5438 595 
Thereafter1,401 1,358 
Total Lease Payments3,861 5,584 
Less Imputed Interest(1,276)(541)
Total$2,585 $5,043