XML 23 R13.htm IDEA: XBRL DOCUMENT v3.21.1
LEASES
 3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
LEASES LEASES
We have operating leases for our corporate offices (1) and bank branch offices (5). Our leases have remaining lease terms ranging from approximately 2 to 7.08 years, some of which include options to extend the leases for up to 5 additional years. As of March 31, 2021, we have no additional lease commitments that have not yet commenced. The Company also leases a portion of some of its facilities and receives rental income from such lease agreements, all of which are considered operating leases.
Three Months Ended
March 31, 2021March 31, 2020
The components of total lease cost were as follows:
Operating lease cost$139 $161 
Variable lease cost7 2 
Total lease cost$146 $163 
The components of total lease income were as follows:
Operating lease income$7 $3 
Supplemental cash flow information related to leases was as follows:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$138 $159 
March 31, 2021December 31, 2020
Supplemental balance sheet information related to leases was as follows:
Operating lease right-of-use assets$2,539 $2,657 
Operating lease liabilities$2,606 $2,762 
Weighted average remaining lease term in years; operating leases6.186.32
Weighted average discount rate; operating leases2.7 %2.7 %
Cash obligations and receipts under lease contracts are as follows:
Fiscal years ending December 31,PaymentsReceipts
2021$415 $25 
2022558 34 
2023505 27 
2024419 
2025403 
Thereafter826 
Total3,126 $86 
Less: effects of discounting(520)
Lease liability recognized$2,606 
LEASES LEASES
We have operating leases for our corporate offices (1) and bank branch offices (5). Our leases have remaining lease terms ranging from approximately 2 to 7.08 years, some of which include options to extend the leases for up to 5 additional years. As of March 31, 2021, we have no additional lease commitments that have not yet commenced. The Company also leases a portion of some of its facilities and receives rental income from such lease agreements, all of which are considered operating leases.
Three Months Ended
March 31, 2021March 31, 2020
The components of total lease cost were as follows:
Operating lease cost$139 $161 
Variable lease cost7 2 
Total lease cost$146 $163 
The components of total lease income were as follows:
Operating lease income$7 $3 
Supplemental cash flow information related to leases was as follows:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$138 $159 
March 31, 2021December 31, 2020
Supplemental balance sheet information related to leases was as follows:
Operating lease right-of-use assets$2,539 $2,657 
Operating lease liabilities$2,606 $2,762 
Weighted average remaining lease term in years; operating leases6.186.32
Weighted average discount rate; operating leases2.7 %2.7 %
Cash obligations and receipts under lease contracts are as follows:
Fiscal years ending December 31,PaymentsReceipts
2021$415 $25 
2022558 34 
2023505 27 
2024419 
2025403 
Thereafter826 
Total3,126 $86 
Less: effects of discounting(520)
Lease liability recognized$2,606