v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease Cost
The components of lease expense for the three and six months ended June 30, 2026, and 2025 are shown in the table below.
Three Months Ended June 30,Six Months Ended June 30,
(dollars in thousands)2026202520262025
Operating lease expense$228$161 $455$302 
Financing lease expense1326
ROU assets and lease liabilities by lease type, and the associated balance sheet classifications are shown in table below as of June 30, 2026 and December 31, 2025.
(dollars in thousands)Balance Sheet Classification June 30, 2026December 31, 2025
ROU assets
ROU assets-operating leasesPremises and equipment, net$3,298 $2,476 
ROU assets-finance leases Premises and equipment, net1,130 1,205 
Total ROU assets $4,428 $3,681 
Lease liabilities
Operating lease liabilitiesOperating lease liabilities$3,564 $2,682 
Finance lease liabilitiesFinance lease liabilities1,130 1,205 
Total lease liabilities$4,694 $3,887 
The following table presents the weighted average remaining lease term, in years, and the weighted average discount rate by lease type as of June 30, 2026 and 2025.
June 30, 2026December 31, 2025
Operating lease weighted average remaining lease term (in years)5.55.4
Operating lease weighted average discount rate4.40 %4.38 %
Finance lease weighted average remaining lease term (in years)6.57
Finance lease weighted average discount rate 4.55 %4.55 %
Schedule of Maturity of Remaining Operating Leases Liabilities
Contractual lease payment obligations for each of the next five years and thereafter, in addition to a reconciliation to the Company's lease liabilities were as follows:
Lease payments due in:Operating LeaseFinance LeasesTotal
(dollars in thousands)
2026 remaining
$380$100$480
2027789201990
2028789201990
2029596201797
2030567200767
Thereafter9094011,310
Total lease payments4,030 1,304 5,334 
Less imputed interest(466)(174)(640)
Total lease liabilities, as reported$3,564$1,130$4,694
Schedule of Maturity of Remaining Finance Leases Liabilities
Contractual lease payment obligations for each of the next five years and thereafter, in addition to a reconciliation to the Company's lease liabilities were as follows:
Lease payments due in:Operating LeaseFinance LeasesTotal
(dollars in thousands)
2026 remaining
$380$100$480
2027789201990
2028789201990
2029596201797
2030567200767
Thereafter9094011,310
Total lease payments4,030 1,304 5,334 
Less imputed interest(466)(174)(640)
Total lease liabilities, as reported$3,564$1,130$4,694