Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.19.2
LEASES (Tables)
 6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Summary of lease expense and other information related to operating leases
Three Months Ended Six Months Ended
(Dollars in Thousands) June 30, 2019 June 30, 2019
Operating lease expense $ 81 $ 162
Short-term lease expense 29 63
Total lease expense $ 110 $ 225
June 30, 2019
Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases $ 169
Right-of-use assets obtained in exchange for new operating lease liabilities 1,860
Weighted-average remaining lease term — operating leases (in years) 7.2
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) June 30, 2019
2019 $ 210
2020 451
2021 420
2022 417
2023 398
2024 and thereafter 1,085
Total $ 2,981
Less: Interest (306)
Present Value of Lease liability $ 2,675