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LEASE COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]  
Supplemental Information Regarding Leases
Supplemental information related to leases as of and for the nine months ended September 30, 2019 was as follows:
 
Operating Leases
Classification
September 30, 2019
 
 
Assets
(dollars in thousands)
 
Operating lease right-of-use assets
Other assets
$
16,427

 
Liabilities
 
Operating lease liabilities (1)
Other liabilities
$
21,217

 
Lease term and discount rate
 
Weighted average remaining lease term
 
5.9 years
 
Weighted average discount rate (1)
 
2.9%
 
Cash paid for amounts included in the measurement of lease liabilities
 
   Operating cash flows from operating leases
 
$
2,784

 
(1)     As the Company’s leases do not provide an implicit rate, the Company uses an incremental borrowing rate based on the information available at adoption date in determining the present value of lease payments.

Operating Lease Liability Schedule of Maturity
The following table provides details related to maturities of lease liabilities:
 
Maturity of Lease Liabilities
Years ending December 31,
(dollars in thousands)
2019 (remaining)
$
928

2020
3,799

2021
3,918

2022
3,862

2023
3,862

Later years
6,757

Total lease payments
$
23,126

Less imputed interest
1,909

Present value of lease liabilities
$
21,217