v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Assets And Liabilities, Lessee

The following tables present information about the Company’s leases:

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

 

 

 

 

Lease liabilities

 

$

9,737

 

 

$

9,845

 

 

 

 

 

 

 

Right-of-use assets

 

$

9,276

 

 

$

9,438

 

 

 

 

 

 

 

Weighted average remaining lease term

 

11 years

 

 

12 years

 

 

 

 

 

 

 

Weighted average discount rate

 

 

4.26

 %

 

 

4.25

 %

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

Lease Cost

 

June 30, 2026

 

 

June 30, 2025

 

 

June 30, 2026

 

 

June 30, 2025

 

Operating lease cost

 

$

291

 

 

$

310

 

 

$

575

 

 

$

594

 

Short-term lease cost

 

 

3

 

 

 

3

 

 

 

7

 

 

 

7

 

Total lease cost

 

$

294

 

 

$

313

 

 

$

582

 

 

$

601

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

$

263

 

 

$

257

 

 

$

520

 

 

$

508

 

Lessee, Operating Lease, Liability, Maturity

A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liabilities is as follows:

 

(dollars in thousands)

 

As of

 

Lease payments due

 

June 30, 2026

 

2026, remainder

 

$

543

 

2027

 

 

1,107

 

2028

 

 

1,132

 

2029

 

 

1,114

 

2030

 

 

1,135

 

Thereafter

 

 

7,429

 

Total undiscounted cash flows

 

$

12,460

 

Discount

 

 

(2,723

)

Lease liabilities

 

$

9,737