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Leases (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Schedule of ROU Asset and Lease Liabilities The following table presents the ROU assets and lease liabilities as of the date stated. ROU assets and lease liabilities are included in other assets and other liabilities, respectively, in the Company’s consolidated balance sheets.

 

 

September 30, 2019

 

Operating lease right-of-use assets

$

4,222

 

 

 

 

 

Operating lease liabilities

$

4,521

 

Schedule Weighted Average Remaining Lease Term and Discount Rate Associated with Operating Leases

The following table presents the weighted average remaining lease term and discount rate associated with the Company’s operating leases as of the date stated.

 

 

September 30, 2019

 

Weighted average remaining lease term

8 years

 

Weighted average discount rate

 

3.12

%

 

Maturity Analysis of Operating Lease Liabilities

The following table presents a maturity analysis of the Company’s operating lease liabilities for the five years ending subsequent to September 30, 2019 and in total thereafter.

 

2019

 

$

207

 

2020

 

 

944

 

2021

 

 

977

 

2022

 

 

601

 

2023

 

 

351

 

Thereafter

 

 

2,057

 

Total

 

 

5,137

 

Less interest

 

 

(616

)

Lease liability

 

$

4,521

 

Supplemental Cash Flow Information Related to Leases

The following table presents supplemental cash flow information related to the Company’s operating leases for the period stated.

 

 

For the Nine Months Ended

 

 

September 30, 2019

 

Cash paid for amount included in the measurement of lease liabilities:

 

 

 

Operating cash outflows from operating leases

$

744

 

Right-of-use assets obtained in exchange for new operating lease liabilities

$

1,304