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Lease (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Assets And Liabilities, Lessee

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

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2021

 

 

December 31, 2020

 

Lease liabilities

 

 

 

 

 

 

 

 

 

$

4,053

 

 

$

4,113

 

Right-of-use assets

 

 

 

 

 

 

 

 

 

$

3,932

 

 

$

4,014

 

Weighted average remaining lease term

 

 

 

 

 

 

 

 

 

17 years

 

 

17 years

 

Weighted average discount rate

 

 

 

 

 

 

 

 

 

 

3.35

%

 

 

3.34

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

Lease Cost

 

June 30, 2021

 

 

June 30, 2020

 

 

June 30, 2021

 

 

June 30, 2020

 

Operating lease cost

 

$

86

 

 

$

82

 

 

$

151

 

 

$

156

 

Short-term lease cost

 

 

4

 

 

 

4

 

 

 

8

 

 

 

8

 

Total lease cost

 

$

90

 

 

$

86

 

 

$

159

 

 

$

164

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

$

71

 

 

$

80

 

 

$

126

 

 

$

138

 

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

 

June 30, 2021

 

Twelve months ending June 30, 2022

 

$

318

 

Twelve months ending June 30, 2023

 

 

321

 

Twelve months ending June 30, 2024

 

 

324

 

Twelve months ending June 30, 2025

 

 

332

 

Twelve months ending June 30, 2026

 

 

352

 

Thereafter

 

 

3,927

 

Total undiscounted cash flows

 

$

5,574

 

Discount

 

 

(1,521

)

Lease liabilities

 

$

4,053