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Leases | 12 Months Ended
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Dec. 31, 2020
Leases [Abstract] |
Leases | (7) LEASES The Company has leased premises that expire at various dates through November 30, 2027 subject to various operating leases. The Company has implemented ASC Topic 842 under a modified retrospective approach, in which no adjustments have been made to the prior year balances. The following table presents the operating lease costs and additional information for the twelve months ended December 31, 2020 and 2019.
(Dollars in thousands) |  | December 31, 2020 |  |  | December 31, 2019 |
Operating lease costs |  | $ | 2,384 |  |  | $ | 2,184 |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |  |  |  |
Operating cash flows from operating leases |  |  | 2,821 |  |  |  | 2,419 |
Right-of-use asset obtained in exchange for lease liability |  |  | 251 |  |  |  | 2,413 |
The following table presents the breakout of the operating leases as of December 31, 2020 and 2019.
(Dollars in thousands) |  | December 31, 2020 |  |  | December 31, 2019 |
Operating lease right-of-use assets |  | $ | 11,737 |  |  | $ | 13,482 |
Other current liabilities |  |  | 2,004 |  |  |  | 2,085 |
Operating lease liabilities |  |  | 11,018 |  |  |  | 12,738 |
Total operating lease liabilities |  |  | 13,022 |  |  |  | 14,823 |
Weighted average remaining lease term |  | 6.4 years |  |  | 7.3 years |
Weighted average discount rate |  | 5.54% |  |  |  | 5.54 | %
At December 31, 2020, maturities of the lease liabilities were as follows.
(Dollars in thousands) |  |  |  |
2021 |  | $ | 2,474 |
2022 |  |  | 2,406 |
2023 |  |  | 2,356 |
2024 |  |  | 2,373 |
2025 |  |  | 2,390 |
Thereafter |  |  | 3,521 |
Total lease payments |  |  | 15,520 |
Less imputed interest |  |  | 2,498 |
Total operating lease liabilities |  | $ | 13,022 |
Occupancy expense was $2,833,000, $2,436,000, and $2,287,000 for the years ended December 31, 2020, 2019, and 2018.

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- 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
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