v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Summary of Lease Liabilities are Included within Other Liabilities

The following tables present information about the Company’s leases as of the dates and for the periods stated.

 

 

 

December 31,

 

(Dollars in thousands)

 

2025

 

 

2024

 

Lease liabilities

 

$

7,233

 

 

$

8,613

 

Right-of-use asset

 

 

6,637

 

 

 

7,962

 

Weighted average remaining lease term (years)

 

 

6.42

 

 

 

6.98

 

Weighted average discount rate

 

 

3.54

%

 

 

3.46

%

 

 

 

 

December 31,

 

(Dollars in thousands)

 

2025

 

 

2024

 

Operating lease cost

 

$

1,555

 

 

$

1,759

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

1,528

 

 

 

1,691

 

 

Summary of Operating Lease Liabilities

The following table presents a maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities for periods following the date stated.

 

(Dollars in thousands)

 

December 31, 2025

 

2026

 

$

1,486

 

2027

 

 

1,399

 

2028

 

 

1,178

 

2029

 

 

969

 

2030

 

 

916

 

Thereafter

 

 

2,232

 

Total undiscounted cash flows

 

 

8,180

 

Discount

 

 

(947

)

Lease liabilities

 

$

7,233