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Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases  
Schedule of additional information related to operating leases

Additional information regarding our operating leases is summarized below as of or for the periods ended June 30, 2020 indicated (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

Quarter ended

 

Six Months ended

 

 

    

June 30, 2020

    

June 30, 2020

 

Cash paid for amounts included in the measurement of lease liabilities for operating leases:

 

$

88

 

$

174

 

Weighted average remaining lease term in months

 

 

 

 

 

10

 

Weighted average discount rate

 

 

 

 

 

2.75

%

 

Schedule of maturity of the bank's remaining lease liabilities

The future minimum payments for operating leases with remaining terms of one year or more as of June 30, 2020 were as follows (in thousands):

 

 

 

 

 

Six months ended December 31, 2020

    

$

279

Year ended December 31, 2021

 

 

195

Total Future Minimum Lease Payments

 

 

474

Amounts Representing Interest

 

 

(6)

Present Value of Net Future Minimum Lease Payments 

 

$

468