Leases (Tables)

9 Months Ended

Sep. 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		Nine Months ended
	September 30, 2019		September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities for operating leases:	$	135	$	404
ROU assets obtained in exchange for lease liabilities			$	859
Weighted average remaining lease term in months				19
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 September 30, 2019 were as follows (in thousands):

Three months ended December 31, 2019	$	137
Year ended December 31, 2020		555
Year ended December 31, 2021		195
Total Future Minimum Lease Payments		887
Amounts Representing Interest		(20)
Present Value of Net Future Minimum Lease Payments	$	867