Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.19.1
LEASES (Tables)
 3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Summary of lease expense and other information related to operating leases
Three Months Ended
(Dollars in Thousands) March 31, 2019
Operating lease expense $ 81
Short-term lease expense 35
Total lease expense $ 116
Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases $ 83
Right-of-use assets obtained in exchange for new operating lease liabilities 1,928
Weighted-average remaining lease term — operating leases (in years) 7.4
Weighted-average discount rate — operating leases 2.9%
Summary of maturity of remaining lease liabilities
The table below summarizes the maturity of remaining lease liabilities:
(Dollars in Thousands) March 31, 2019
2019 $ 316
2020 451
2021 420
2022 417
2023 398
2024 and thereafter 1,085
Total $ 3,087
Less: Interest (326)
Present Value of Lease liability $ 2,761