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Leases (Tables)
6 Months Ended
Jun. 30, 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):

 

 

 

 

 

 

 

 

 

 

 

Quarter ended

 

Six Months ended

 

 

 

June 30, 2019

 

June 30, 2019

 

Cash paid for amounts included in the measurement of lease liabilities for operating leases:

 

$

135

 

$

269

 

ROU assets obtained in exchange for lease liabilities

 

 

 

 

$

990

 

Weighted average remaining lease term in months

 

 

 

 

 

22

 

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 June 30, 2019 were as follows (in thousands):

 

 

 

 

 

Six months ended December 31, 2019

    

$

273

Year ended December 31, 2020

 

 

555

Year ended December 31, 2021

 

 

195

Total Future Minimum Lease Payments

 

 

1,023

Amounts Representing Interest

 

 

(27)

Present Value of Net Future Minimum Lease Payments 

 

$

996