Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases

Schedule of additional information related to operating leases

Additional information regarding our operating leases is summarized below for the periods indicated dollars in thousands):

	Year Ended
	December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities for operating leases:	$	542
ROU assets obtained in exchange for lease liabilities	$	727
Weighted average remaining lease term in months		16
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 December 31, 2019 were as follows (in thousands):

Year ended December 31, 2020	$	555
Year ended December 31, 2021		195
Total Future Minimum Lease Payments		750
Amounts Representing Interest		(15)
Present Value of Net Future Minimum Lease Payments	$	735