Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases

Schedule of right-of-use assets and lease liabilities

		December 31,		December 31,
(dollars in thousands)		2023		2022
Lease Right-of-Use Assets	Classification
Operating lease right-of-use assets	Operating lease right-of-use assets	$	5,436	$	5,419
Lease Liabilities
Operating lease liabilities	Operating lease liabilities	$	5,751	$	5,902

Schedule of weighted average remaining lease term and average discount rate

	December 31,		December 31,
	2023		2022
Weighted-average remaining lease term, years
Operating leases	7.3		5.0
Weighted-average discount rate
Operating leases	3.9	%	3.1	%

Schedule of lease costs and other lease information

	Year ended
	December 31,
(dollars in thousands)	2023		2022		2021
Lease costs
Operating lease cost	$	1,914	$	1,799	$	1,827
Variable lease cost		1,159		899		823
Short-term lease cost		167		217		181
Finance lease cost
Interest on lease liabilities		—		7		25
Amortization of right-of-use assets		—		87		116
Sublease income		(219)		(238)		(228)
Net lease cost	$	3,021	$	2,771	$	2,744
Other information
Cash paid for amounts included in the measurement of lease liabilities operating cash flows from operating leases	$	1,755	$	1,706	$	1,763
Right-of-use assets obtained in exchange for new operating lease liabilities		1,868		4,266	$	267

Schedule of future minimum payments for leases

	Operating
(dollars in thousands)	Leases
Year ended
December 31, 2024	$	1,626
December 31, 2025		1,243
December 31, 2026		1,064
December 31, 2027		516
December 31, 2028		311
Thereafter		1,831
Total future minimum lease payments	$	6,591
Amounts representing interest		(840)
Total operating lease liabilities	$	5,751