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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Future minimum lease payments on noncancelable operating leases
Future undiscounted lease payments for operating leases with initial terms of one year or more as of December 31, 2020 are as follows (in thousands):
Years Ending December 31,
2021$1,753 
20221,843 
20231,721 
20241,383 
20251,023 
Thereafter1,944 
Total lease payments9,667 
Less: imputed interest(786)
Present value of operating lease liabilities$8,881 
Lease cost
The table below summarizes the total lease cost for the period ending:
(Dollars in thousands)December 31, 2020December 31, 2019
Operating lease cost$2,243 $2,226 
Short-term lease cost13 68 
Variable lease cost288 375 
Total lease cost$2,544 $2,669 
Other lease information
The table below summarizes other information related to our operating leases:
 December 31, 2020December 31, 2019
Weighted average remaining lease term, in years67
Weighted average discount rate2.77 %2.93 %
The table below shows operating lease right of use assets and operating lease liabilities as of :
(Dollars in thousands)December 31, 2020December 31, 2019
Operating lease right-of-use assets$8,195 $9,735 
Operating lease liabilities$8,881 $10,418