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LEASES (Tables)

12 Months Ended

Dec. 31, 2019

Impaired Financing Receivables with and without Allocated Allowance [Table Text Block]

Schedule of operating lease liabilities

The following table shows future undiscounted lease payments for operating leases with initial terms of one year or more as of December 31, 2019 are as follow:

(Dollars in thousands)
2020		$	292
2021			298
2022			303
2023			309
2024			282
Thereafter			3,199
Total undiscounted lease payments		$	4,683
Less effect of discounting			(1,417	)
Present value of estimate lease payments (lease liability)			3,266

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- References

No definition available.

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- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717

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