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Note 14 - Leases
12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Lessee, Operating Leases [Text Block]
14.
LEASES
 
 
As of
December 31, 2020
, all of the leases to which the Company was a party were operating leases.  The weighted average remaining term of the leases was
7.9
 years.  The weighted average discount rate for the leases was
5.43%.
Maturities of operating lease liability payments consisted of the following.
 
 
FUTURE MATURITY OF LEASE LIABILITIES
(Dollars in Thousands)
 
   
As of December 31, 2020
 
2021
   
1,116
 
2022
   
941
 
2023
   
955
 
2024
   
983
 
2025
   
983
 
Thereafter
   
3,112
 
Total
   
8,090
 
Less imputed interest
   
(1,559
)
Lease obligation
  $
6,531
 
 
During the
twelve
 months ended
December 31, 2020
and
2019,
total cash payments of 
$1,571
 and
$1,578,
respectively, were recorded as a reduction in the operating lease obligation.  
No
cash payments were made to acquire right of use assets.