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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases  
Schedule of additional information related to operating leases

Additional information regarding our operating leases is summarized below as of or for the three months ended March 31, 2020 (dollars in thousands):

 

 

 

 

 

 

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

 

$

86

 

Weighted average remaining lease term in months

 

 

13

 

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 March 31, 2020 were as follows (in thousands):

 

 

 

 

 

Nine months ended December 31, 2020

    

$

418

Year ended December 31, 2021

 

 

195

Total Future Minimum Lease Payments

 

 

613

Amounts Representing Interest

 

 

(10)

Present Value of Net Future Minimum Lease Payments 

 

$

603