Leases (Tables)

6 Months Ended

Jun. 30, 2025

Leases [Abstract]

Components of Lease Expense

The following table provides a summary of the components of lease income and expense, as well as the reporting location in the interim condensed consolidated statements of operations, for the three and six months ended June 30, 2025 and 2024:


		Location in the Condensed		Three Months Ended								Six Months Ended
		Consolidated Statements of Operations		June 30, 2025				June 30, 2024				June 30, 2025				June 30, 2024
				(Dollars in Thousands)								(Dollars in Thousands)
Operating lease income (1)		Lease income		$	269			$	253			$	553			$	510
Operating lease expense (2)		Net occupancy and equipment		$	118			$	157			$	226			$	313

(1)

Operating lease income includes rental income from owned properties.

(2)

Includes short-term lease costs. For the three and six months ended June 30, 2025 and 2024, short-term lease costs were nominal in amount.


		Location in the Condensed
		Consolidated Balance Sheets		June 30, 2025				December 31, 2024
				(Dollars in Thousands)
Operating lease right-of-use assets		Other assets		$	1,753			$	1,921
Operating lease liabilities		Other liabilities		$	1,810			$	1,972
Weighted-average remaining lease term (in years)					5.77				5.14
Weighted-average discount rate					4.31	%			4.08	%


		Six Months Ended
		June 30, 2025				June 30, 2024
		(Dollars in Thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	205			$	197

Future Minimum Operating Lease Payments

The following table is a schedule of remaining future minimum lease payments for operating leases that had an initial or remaining non-cancellable lease term in excess of one year as of June 30, 2025:


		Minimum Rental Payments
		(Dollars in Thousands)
2025		$	207
2026			419
2027			308
2028			269
2029			183
2030 and thereafter			746
Total future minimum lease payments		$	2,132
Less: Imputed interest			322
Total operating lease liabilities		$	1,810