Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases

Schedule of right-of-use assets and lease liabilities

		December 31,		December 31,
(dollars in thousands)		2020		2019
Lease Right-of-Use Assets	Classification
Operating lease right-of-use assets	Operating lease right-of-use assets	$	6,918	$	8,343
Finance lease right-of-use assets	Land, premises and equipment, net		202		318
Total lease right-of-use assets		$	7,120	$	8,661
Lease Liabilities
Operating lease liabilities	Operating lease liabilities	$	7,861	$	8,864
Finance lease liabilities	Long-term debt		430		640
Total lease liabilities		$	8,291	$	9,504

Schedule of weighted average remaining lease term and average discount rate

	December 31,		December 31,
	2020		2019
Weighted-average remaining lease term, years
Operating leases	5.8		6.2
Finance leases	1.8		2.8
Weighted-average discount rate
Operating leases	2.9	%	3.1	%
Finance leases	7.8	%	7.8	%

Schedule of lease costs and other lease information

	Year ended
	December 31,
(dollars in thousands)	2020		2019
Lease costs
Operating lease cost	$	2,457	$	2,378
Variable lease cost		1,170		819
Short-term lease cost		395		535
Finance lease cost
Interest on lease liabilities		42		58
Amortization of right-of-use assets		116		116
Sublease income		(228)		(270)
Net lease cost	$	3,952	$	3,636
Other information
Cash paid for amounts included in the measurement of lease liabilities operating cash flows from operating leases	$	2,432	$	2,376
Right-of-use assets obtained in exchange for new operating lease liabilities		1,555		—
Right-of-use assets obtained in exchange for new finance lease liabilities		—		—

Schedule of future minimum payments for finance leases

Future minimum payments for finance and operating leases with initial or remaining terms of one year or more as of December 31, 2020 are as follows:

	Finance		Operating
(dollars in thousands)	Leases		Leases
Twelve months ended
2021	$	251	$	1,788
2022		209		1,826
2023		—		1,584
2024		—		852
2025		—		640
Thereafter		—		1,597
Total future minimum lease payments	$	460	$	8,287
Amounts representing interest		(30)		(426)
Total operating lease liabilities	$	430	$	7,861

Schedule of future minimum payments for operating leases

	Finance		Operating
(dollars in thousands)	Leases		Leases
Twelve months ended
2021	$	251	$	1,788
2022		209		1,826
2023		—		1,584
2024		—		852
2025		—		640
Thereafter		—		1,597
Total future minimum lease payments	$	460	$	8,287
Amounts representing interest		(30)		(426)
Total operating lease liabilities	$	430	$	7,861