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LEASES
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
LEASES LEASES
We have operating leases for our corporate offices (1), bank branch offices (5), and an ATM location (1). Our leases have remaining lease terms ranging from approximately 0.75 to 6.00 years, some of which include options to extend the leases for up to 5 additional years. As of June 30, 2022, we have no additional lease commitments that have not yet commenced. The Company also leases a portion of some of its facilities and receives rental income from such lease agreements, all of which are considered operating leases.
Six Months Ended
June 30, 2022June 30, 2021
The components of total lease cost were as follows:
Operating lease cost$279 $279 
Variable lease cost21 17 
Total lease cost$300 $296 
The components of total lease income were as follows:
Operating lease income$17 $16 
Supplemental cash flow information related to leases was as follows:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$278 $276 
June 30, 2022December 31, 2021
Supplemental balance sheet information related to leases was as follows:
Operating lease right-of-use assets$1,909 $2,159 
Operating lease liabilities$1,979 $2,228 
Weighted average remaining lease term in years; operating leases5.175.55
Weighted average discount rate; operating leases2.77 %2.73 %
Cash obligations and receipts under lease contracts are as follows:
Fiscal years ending December 31,PaymentsReceipts
2022$280 $17 
2023506 27 
2024419 10 
2025403 — 
2026346 — 
Thereafter480 — 
Total2,434 $54 
Less: effects of discounting(455)
Lease liability recognized$1,979 
LEASES LEASES
We have operating leases for our corporate offices (1), bank branch offices (5), and an ATM location (1). Our leases have remaining lease terms ranging from approximately 0.75 to 6.00 years, some of which include options to extend the leases for up to 5 additional years. As of June 30, 2022, we have no additional lease commitments that have not yet commenced. The Company also leases a portion of some of its facilities and receives rental income from such lease agreements, all of which are considered operating leases.
Six Months Ended
June 30, 2022June 30, 2021
The components of total lease cost were as follows:
Operating lease cost$279 $279 
Variable lease cost21 17 
Total lease cost$300 $296 
The components of total lease income were as follows:
Operating lease income$17 $16 
Supplemental cash flow information related to leases was as follows:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$278 $276 
June 30, 2022December 31, 2021
Supplemental balance sheet information related to leases was as follows:
Operating lease right-of-use assets$1,909 $2,159 
Operating lease liabilities$1,979 $2,228 
Weighted average remaining lease term in years; operating leases5.175.55
Weighted average discount rate; operating leases2.77 %2.73 %
Cash obligations and receipts under lease contracts are as follows:
Fiscal years ending December 31,PaymentsReceipts
2022$280 $17 
2023506 27 
2024419 10 
2025403 — 
2026346 — 
Thereafter480 — 
Total2,434 $54 
Less: effects of discounting(455)
Lease liability recognized$1,979