XML 28 R17.htm IDEA: XBRL DOCUMENT
v3.19.2

Note 9 - Lease Commitments | 6 Months Ended
--- | ---
Jun. 30, 2019
Notes to Financial Statements |
Lease Disclosure [Text Block] | NOTE 9 – LEASE COMMITMENTS The Company utilizes leases for six of its branch locations. As of June 30, 2019, net assets recorded under leases amounted to $4.6 million and have remaining lease terms of 1 year to 6 years. As of June 30, 2019, finance lease assets included in premises and equipment, net totaled $3.6 million and operating lease assets included in accrued interest receivable and other assets on the Consolidated Balance Sheet totaled $983,000. As of June 30, 2019, finance lease obligations included in other borrowings totaled $3.7 million and operating lease obligations included in accrued interest payable and other liabilities on the Consolidated Balance Sheet totaled $984,000. On April 17, 2019, the Company purchased a building to relocate the Mantua branch which is and has been at a leased location as of June 30, 2019. The relocation is planned for 2020, and the Company entered into an amended lease agreement with the Mantua lessor which does not exceed 12 months. As such, the lease for the Mantua location is not considered a capitalized lease as of June 30, 2019. Lease costs incurred are as follows:
|  | For the Three Months Ended June 30, 2019 |  |  | For the Six Months Ended June 30, 2019 |
Lease Costs: |  |  |  |  |  |  |  |
Finance lease cost: |  |  |  |  |  |  |  |
Amortization of right-of-use asset |  | $ | 104 |  |  | $ | 173 |
Interest Expense |  |  | 30 |  |  |  | 69 |
Other |  |  | 13 |  |  |  | 15 |
Operating lease cost |  |  | 43 |  |  |  | 126 |
Total lease cost |  | $ | 190 |  |  | $ | 383 |
The following table displays the weighted-average term and discount rates for both operating and finance leases outstanding as of June 30, 2019:
|  | Operating |  |  | Finance |
Weighted-average term (years) |  |  | 2.1 |  |  |  | 4.9 |
Weighted-average discount rate |  |  | 2.9 | % |  |  | 3.4 | %
The following table displays the undiscounted cash flows due related to operating and finance leases as of June 30, 2019, along with a reconciliation to the discounted amount recorded on the June 30, 2019 balance sheet:
|  | Operating |  |  | Finance |
Undiscounted cash flows due within: |  |  |  |  |  |  |  |
2019 |  | $ | 112 |  |  | $ | 199 |
2020 |  |  | 226 |  |  |  | 411 |
2021 |  |  | 210 |  |  |  | 424 |
2022 |  |  | 211 |  |  |  | 431 |
2023 |  |  | 211 |  |  |  | 431 |
2024 and thereafter |  |  | 339 |  |  |  | 2,792 |
Total undiscounted cash flows |  |  | 1,309 |  |  |  | 4,688 |
Impact of present value discount |  |  | (326 | ) |  |  | (1,061 | )
Amount reported on balance sheet |  | $ | 983 |  |  | $ | 3,627 |
The Company has no other purchase obligations for leases executed but not yet recorded.

X
- Definition The entire disclosure for operating, finance, sale leaseback leases. + References No definition available. + Details
Name: | mbcn_LeaseDisclosureTextBlock
Namespace Prefix: | mbcn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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