

	Statement of Financial Condition Location	September 30, 2019
Operating Lease Right of Use Asset:
Gross carrying amount		$	6,694
Accumulated amortization		(636		)
Net book value	Other assets	$	6,058

Operating Lease Liabilities:
Right of use lease obligations	Other liabilities	$	6,058

At September 30, 2019, the weighted-average remaining lease term for the operating leases was 9.2 years and the weighted-average discount rate used in the measurement of operating lease liabilities was 3.16%. The Company utilized the FHLB fixed rate advance rate as of January 1, 2019 for the term most closely aligning with the remaining lease term.



	For the Three Months Ended September 30, 2019			For the Nine Months Ended September 30, 2019
Lease cost:
Operating lease cost	$	212		$	636
Short-term lease cost	26			86
Sublease income	(17		)	(32		)
Total lease cost	$	221		$	690

Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	225		$	674

Future minimum payments under non-cancellable operating leases with terms longer than 12 months, are as follows at September 30, 2019:



Twelve months ended September 30,
2020	$	901
2021	920
2022	953
2023	987
2024	582
Thereafter	2,849
Total future minimum operating lease payments	7,192
Amounts representing interest	(1,134		)
Present value of net future minimum operating lease payments	$	6,058