Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.26.1
Leases (Tables)
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Supplemental Cash Flow and Other Information
The following table summarizes supplemental cash flow and other information related to our operating leases:
(Dollars in thousands) Three Months Ended March 31,
2026 2025
Operating cash flows
Cash paid for amounts included in the measurement of lease liabilities for leases $ 404  $ 397 
Weighted-average remaining lease terms (in years) - operating leases 13 14
Weighted-average discount rate - operating leases 7.64 % 7.66 %
Variable lease payments $ 70  $ 70 
Operating lease costs 481  481 
Total lease costs (1) $ 551  $ 551 
(1) Included in occupancy and equipment costs on the condensed consolidated statements of income
Schedule of Maturity of Operating Lease Liabilities
The following table represents the maturity of the Company's operating lease liabilities as of March 31, 2026:
(Dollars in thousands)
Maturity Analysis
Remainder 2026 $ 1,221 
2027 1,657 
2028 1,692 
2029 1,679 
2030 1,688 
2031 1,722 
Thereafter 13,388 
Total 23,047 
Less: Present value discount (8,643)
Lease liability $ 14,404