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Leases (Tables)
9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Components of Lease Expense

 

 

Location in the Condensed

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

Consolidated Statements

of Operations

 

September 30,

2020

 

 

September 30,

2019

 

 

September 30,

2020

 

 

September 30,

2019

 

 

 

 

 

(Dollars in Thousands)

 

 

(Dollars in Thousands)

 

Operating lease expense (1)

 

Net occupancy and equipment

 

$

212

 

 

$

206

 

 

$

635

 

 

$

627

 

Operating lease income (2)

 

Lease income

 

$

206

 

 

$

212

 

 

$

630

 

 

$

633

 

 

 

 

Location in

the Condensed

 

 

 

 

 

 

Consolidated

Balance Sheet

 

September 30,

2020

 

 

 

 

 

(Dollars in

Thousands)

 

Operating lease right-of-use assets

 

Other assets

 

$

3,109

 

Operating lease liabilities

 

Other liabilities

 

$

3,159

 

Weighted-average remaining lease term (in years)

 

 

 

 

6.07

 

Weighted-average discount rate

 

 

 

 

3.14

%

 

 

 

Nine Months Ended

 

 

 

September 30,

2020

 

 

September 30,

2019

 

 

 

(Dollars in Thousands)

 

Cash paid for amounts included in the measurement of

   lease liabilities:

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

552

 

 

$

574

 

 

Future Minimum Operating Lease Payments

 

 

Minimum

Rental Payments

 

 

 

(Dollars in Thousands)

 

2020

 

$

173

 

2021

 

 

628

 

2022

 

 

558

 

2023

 

 

458

 

2024

 

 

438

 

2025 and thereafter

 

 

1,276

 

Total future minimum lease payments

 

$

3,531

 

Less: Imputed interest

 

 

372

 

Total operating lease liabilities

 

$

3,159