Annual report [Section 13 and 15(d), not S-K Item 405]

Leases (Tables)

v3.26.1
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Lease, Cost
The following table summarizes supplemental cash flow and other information related to our operating leases:
Year Ended December 31,
(Dollars in thousands) 2025 2024
Gain on sale-leaseback transaction, net $ $ (11,772)
Operating cash flows
Cash paid for amounts included in the measurement of lease liabilities for leases 1,603  1,360 
ROU assets obtained in exchange for lease liabilities - operating leases(1)
16,140 
Weighted-average remaining lease terms (in years) - operating leases 13 14
Weighted-average discount rate - operating leases 7.65 % 7.67 %
Variable lease payments $ 279  $ 279 
Operating lease costs 1,923  1,488 
Total lease costs(2)
$ 2,202  $ 1,767 
(1) Right of Use Asset included in Premises and equipment on the consolidated balance sheet
(2) Included in occupancy and equipment costs on the consolidated statements of income
Schedule of Lessee, Operating Lease, Liability, to be Paid, Maturity
The following table represents the maturity of the Company's operating lease liabilities as of December 31, 2025:
(Dollars in thousands)
Maturity Analysis
2026 1,622 
2027 1,657 
2028 1,692 
2029 1,679 
2030 1,688 
Thereafter 15,110 
Total 23,448 
Less: Present value discount (8,917)
Lease liability $ 14,531