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LEASES (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Schedule of Future Undiscounted Operating Lease Payments

Schedule of Future Undiscounted Operating Lease Payments

LEASES

(Dollars in thousands)
2022		$	262
2023			268
2024			275
2025			281
2026			254
Thereafter			2,520
Total undiscounted lease payments		$	3,860
Less effect of discounting			(1,028	)
Present value of estimated lease payments (lease liability)			2,832

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- References

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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 https://asc.fasb.org/extlink&oid=123406913&loc=d3e41502-112717

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