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 5 months to 8.83 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 5 months.

The right of use asset and lease liability were $4.6 and $4.8 million as of March 31, 2021 and $4.9 million and $5.0 million at March 31, 2020. The right of use asset and lease liability were $4.8 million and $5.0 million at December 31, 2020.

Lease payments made for the three month period ended March 31, 2021 were $202 thousand, while lease payments made for the three month period ended March 31, 2020 were $195 thousand. Interest expense and amortization expense on finance leases for the three month period ended March 31, 2021 was $36 thousand and $121 thousand. Interest expense and amortization expense on finance leases for the three month period ended March 31, 2020 was $23 thousand and $107 thousand. The weighted-average remaining lease term for all leases was 4.6 years as of March 31, 2021 and the weighted-average discount rate was 3.0%.

2021 (9 months)	$	598
2022		624
2023		568
2024		398
2025		410
Thereafter		3,177
Total Payments		5,775
Less: Imputed Interest		(971	)
Total	$	4,804