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Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Components of Lease Expense

 

 

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

 

 

 

 

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

%

 

 

 

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

 

 

Future Minimum Operating Lease Payments

 

 

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