Leases

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Leases

(8) LEASES

The Company has leased premises that expire at various dates through April 30, 2027 that are operating leases. The Company has implemented ASC Topic 842 under a modified retrospective approach in which no adjustments have been made to the prior year balances.

The following table presents the operating lease costs and additional information for the three and six months ended June 30, 2019.

(Dollars in thousands)	Three Months Ended June 30, 2019			Six Months Ended June 30, 2019
Operating lease costs	$	531		$	1,062
Other information
Cash paid for amounts included in the measurement of lease    liabilities:
Operating cash flows from operating leases		537			1,124
Right-of-use asset obtained in exchange for lease liability		(14	)		(30	)

The following table presents the breakout of the operating leases as of June 30, 2019.

(Dollars in thousands)	June 30, 2019
Operating lease right-of-use assets	$	11,767
Other current liabilities		1,872
Operating lease liabilities		11,273
Total operating lease liabilities		13,145
Weighted average remaining lease term	4 years
Weighted average discount rate		4.26

At June 30, 2019, maturities of the lease liabilities were as follows.

(Dollars in thousands)
Remainder of 2019	$	1,180
2020		2,380
2021		2,278
2022		2,216
2023		2,136
Thereafter		6,049
Total lease payments	$	16,239
Less imputed interest		3,094
Total operating lease liabilities	$	13,145