Lease Commitments (Tables)

9 Months Ended

Sep. 30, 2019

Lease Commitments [Abstract]

Schedule of operating lease financial position

The following table shows lease right of use assets and lease liabilities as of September 30, 2019.

	Statement of Financial Condition classification	September 30, 2019
Operating lease right of use asset	Other Assets	$	2,799
Operating lease liabilities	Other Liabilities	$	2,816

Schedule of components of operating lease expense

The following table shows the components of operating leases expense for the three and nine months ended September 30, 2019.

		Three Months Ended		Nine Months Ended
	Statement of Income classification	September 30, 2019		September 30, 2019
Operating lease cost	Net occupancy expenses and equipment expenses	$	154	$	459
Short-term lease cost	Net occupancy expenses and equipment expenses		13		66
Variable lease cost	Net occupancy expenses		50		135
Total operating lease cost		$	217	$	660

Schedule of minimum rental commitments

The following table shows future minimum rental commitments for all noncancelable operating leases for the next five years and thereafter.

Remaining 2019	$	203
2020		753
2021		619
2022		530
2023		333
Thereafter		1,215
Total lease payments	$	3,653
Less: present value discount		837
Present value of lease liabilities	$	2,816

Schedule of lease information

The following table shows the weighted average remaining lease term, the weighted average discount rate and supplemental Consolidated Statement of Cash Flows information for operating leases at September 30, 2019.

	September 30, 2019
Weighted average remaining lease term		10.80	years
Weighted average discount rate		3.73	%
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from leases	$	594