The Bank and ALC are involved in a number of operating leases, primarily for branch locations. Branch leases have remaining lease terms ranging from less than one year to 13 years, some of which include options to extend the leases for up to five years, and some of which include an option to terminate the lease within one year. The Bank leases certain office facilities to third parties and classifies these leases as operating leases.

The following table provides a summary of the components of lease income and expense, as well as the reporting location in the Condensed Consolidated Statements of Operations for the three months ended March 31, 2021 and 2020:

	Location in the Condensed	Three Months Ended
	Consolidated Statements of Operations	March 31, 2021		March 31, 2020
		(Dollars in Thousands)
Operating lease expense ⁽¹⁾	Net occupancy and equipment	$	209	$	211
Operating lease income ⁽²⁾	Lease income	$	209	$	212

The following table provides supplemental lease information for operating leases on the Condensed Consolidated Balance Sheet as of March 31, 2021:

	Location in the Condensed
	Consolidated Balance Sheet	March 31, 2021
		(Dollars in Thousands)
Operating lease right-of-use assets	Other assets	$	2,913
Operating lease liabilities	Other liabilities	$	2,973
Weighted-average remaining lease term (in years)			5.74
Weighted-average discount rate			3.08	%

The following table provides supplemental lease information for the Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2021 and 2020:

	Three Months Ended
	March 31, 2021		March 31, 2020
	(Dollars in Thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	176	$	188

The following table is a schedule of remaining future minimum lease payments for operating leases that had an initial or remaining non-cancellable lease term in excess of one year as of March 31, 2021:

	Minimum Rental Payments
	(Dollars in Thousands)
2021	$	504
2022		607
2023		472
2024		438
2025		339
2026 and thereafter		937
Total future minimum lease payments	$	3,297
Less: Imputed interest		324
Total operating lease liabilities	$	2,973