Lease (Tables)

3 Months Ended

Mar. 31, 2020

The following tables present information about the Company’s leases:



(dollars in thousands)	As of
	March 31, 2020			December 31, 2019
Lease liability	$	4,195		$	3,680
Right-of-use asset	$	4,127		$	3,618
Weighted average remaining lease term	18 years			20 years
Weighted average discount rate	3.34		%	3.62		%

	Three Months Ended
Lease Cost	March 31, 2020			March 31, 2019
Operating lease cost	$	74		$65
Short-term lease cost	4			4
Total lease cost	$	78		$69

Cash paid for amounts included in the measurement of lease liabilities	$	58		$50

Lessee, Operating Lease, Liability, Maturity

A maturity analysis of operating lease liability and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows:



	As of
Lease payments due	March 31, 2020
Nine months ending December 31, 2020	$	238
Twelve months ending December 31, 2021	320
Twelve months ending December 31, 2022	323
Twelve months ending December 31, 2023	325
Twelve months ending December 31, 2024	328
Twelve months ending December 31, 2025	311
Thereafter	4,020
Total undiscounted cash flows	$	5,865
Discount	(1,670		)
Lease liability	$	4,195