Lease (Tables)

9 Months Ended

Sep. 30, 2021

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

(dollars in thousands)
					September 30, 2021			December 31, 2020
Lease liabilities					$	4,037		$	4,113
Right-of-use assets					$	3,895		$	4,014
Weighted average remaining lease term					17 years			17 years
Weighted average discount rate						3.33	%		3.34	%

	Three Months Ended				Nine Months Ended
Lease Cost	September 30, 2021		September 30, 2020		September 30, 2021			September 30, 2020
Operating lease cost	$	106	$	66	$	257		$	222
Short-term lease cost		7		4		15			12
Total lease cost	$	113	$	70	$	272		$	234

Cash paid for amounts included in the measurement of lease liabilities	$	83	$	46	$	209		$	184

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	September 30, 2021
Twelve months ending September 30, 2022	$	336
Twelve months ending September 30, 2023		340
Twelve months ending September 30, 2024		343
Twelve months ending September 30, 2025		358
Twelve months ending September 30, 2026		284
Thereafter		3,839
Total undiscounted cash flows	$	5,500
Discount		(1,463	)
Lease liabilities	$	4,037