XML 36 R24.htm IDEA: XBRL DOCUMENT
v3.21.1

Leases | 3 Months Ended
--- | ---
Mar. 31, 2021
Leases |
Leases | Note 15: Leases ​ The Company has operating leases consisting primarily of equipment leases and real estate leases. The Company leases real estate property for banking centers, ATM locations, and office space with terms extending through 2032. As of March 31, 2021, the Company reported $7.3 million of right-of-use assets and $7.4 million lease liabilities in its unaudited Consolidated Balance Sheets. ​ The following tables represents lease costs and other lease information for the periods presented (dollars in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31, | ​
Lease Costs |  | 2021 | ​ | 2020 | ​
Operating lease costs | ​ | $ | 564 | ​ | $ | 620 | ​
Variable lease costs | ​ | ​ | 174 | ​ | ​ | 171 | ​
Short-term lease costs | ​ | ​ | 18 | ​ | ​ | 15 | ​
Total lease cost | ​ | $ | 756 | ​ | $ | 806 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other information | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash paid for amounts included in the measurement of lease liabilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease cash flows – Fixed payments | ​ | $ | 546 | ​ | $ | 611 | ​
Operating lease cash flows – Liability reduction | ​ | ​ | 495 | ​ | ​ | 530 | ​
Right of use assets obtained during the period in exchange for operating lease liabilities | ​ | ​ | 148 | ​ | ​ | 128 | ​
Weighted average lease term (in years) | ​ | ​ | 5.83 | ​ | ​ | 6.51 | ​
Weighted average discount rate | ​ | ​ | 2.80 | % | ​ | 3.05 | %
​ At March 31, 2021, the Company was obligated under noncancelable operating leases for office space and other commitments. Rent expense under operating leases, included in net occupancy and equipment expense, was $0.8 million for the three months ended March 31, 2021 and 2020. ​ Rent commitments were as follows (dollars in thousands): ​
​ | ​ | ​ | ​
​ | ​ | As of
​ | ​ | March 31,
​ |  | 2021
Remainder of 2021 | ​ | $ | 1,440
2022 | ​ |  | 1,604
2023 | ​ | ​ | 1,409
2024 | ​ | ​ | 974
2025 | ​ | ​ | 840
Thereafter | ​ | ​ | 1,792
Amounts representing interest | ​ | ​ | (679)
Present value of net future minimum lease payments | ​ | $ | 7,380
​

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration