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Lease (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Assets And Liabilities, Lessee

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

 

(dollars in thousands)

 

 

 

 

 

 

 

 

March 31, 2021

 

 

December 31, 2020

 

Lease liabilities

 

$

4,091

 

 

$

4,113

 

Right-of-use assets

 

$

3,981

 

 

$

4,014

 

Weighted average remaining lease term

 

17 years

 

 

17 years

 

Weighted average discount rate

 

 

3.34

%

 

 

3.34

%

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Lease Cost

 

March 31, 2021

 

 

March 31, 2020

 

Operating lease cost

 

$

65

 

 

$

74

 

Short-term lease cost

 

 

4

 

 

 

4

 

Total lease cost

 

$

69

 

 

$

78

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

$

55

 

 

$

58

 

Lessee, Operating Lease, Liability, Maturity

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

 

 

 

As of

 

Lease payments due

 

March 31, 2021

 

Twelve months ending March 31, 2022

 

$

318

 

Twelve months ending March 31, 2023

 

 

320

 

Twelve months ending March 31, 2024

 

 

323

 

Twelve months ending March 31, 2025

 

 

326

 

Twelve months ending March 31, 2026

 

 

251

 

Thereafter

 

 

4,016

 

Total undiscounted cash flows

 

$

5,554

 

Discount

 

 

(1,463

)

Lease liabilities

 

$

4,091