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LEASES (Tables) | 12 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
Lessee, Leases, Other Information [Table Text Block] | Other information related to leases at December 31, 2022 is as follows (dollars in thousands):
Cash paid for amounts included in the measurement of lease liabilities: |
Operating cash flows from operating leases | $ | 623 |
Right-of-use assets obtained in exchange for new operating lease liabilities | $ | 370 |
Weighted average remaining lease term in years for operating leases | 33.4
Weighted average discount rate for operating leases | 3.46 | %
Lessee, Operating Lease, Liability, Maturity | Future payments due under operating leases as of December 31, 2022 are as follows (in thousands):
2023 | $ | 665 |
2024 | 675 |
2025 | 471 |
2026 | 333 |
2027 | 311 |
Thereafter | 9,966 |
| 12,421 |
Less effects of discounting | 6,051 |
Operating lease liabilities recognized | $ | 6,370 |
Lease, Cost | Components of lease expense for the years ended December 31 are as follows (in thousands):
| 2022 |  | 2021
Operating lease expense | $ | 616 |  |  | 840 |
Short-term lease expense | 243 |  |  | 48 |
Variable lease expense | 4 |  |  | 4 |
Other | 11 |  |  | 10 |
Total lease expense | $ | 874 |  |  | 902 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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