The Company has operating leases for branch office locations, vehicles and certain office equipment such as printers, copiers and faxes. The leases have remaining lease terms of 7 months to 10 years, some of which include options to extend the lease for up to 10 years and some of which include options to terminate the leases within 7 months.

The right of use asset and lease liability were $4.8 and $4.9 million as of June 30, 2020. At June 30, 2019, the right of use asset and lease liability were $3.4 million.

Lease payments made for the three and six month period ended June 30, 2020 were $195 thousand and $390 thousand, while lease payments made for the three and six month period ended June 30, 2019 were $146 thousand and $292 thousand, respectively. Interest expense and amortization expense on finance leases for the three month period ended June 30, 2020 was $34 thousand and $107 thousand, and $57 thousand and $213 thousand for the six month period ended June 30, 2020. Interest expense and amortization expense on finance leases for the three month period ended June 30, 2019 was $26 thousand and $89 thousand, and $53 thousand and $177 thousand for the six month period ended June 30, 2019. The weighted-average remaining lease term for all leases was 5.2 years as of June 30, 2020 and the weighted-average discount rate was 3.1%.

2020 (6 months)	$	392
2021		781
2022		607
2023		503
2024		333
Thereafter		3,230
Total Payments		5,846
Less: Imputed Interest		(992	)
Total	$	4,854