The Company has operating leases for branch office locations, vehicles and certain office equipment such as printers, copiers and faxes. The leases have remaining lease terms of 2 months to 8.58 years, some of which include options to extend the lease for up to 10 years and some of which include options to terminate the leases within 1 month.

The right of use asset and lease liability were $4.5 million and $4.6 million as of June 30, 2021 and $4.8 million and $5.0 million at December 31, 2020.

Lease payments made for the three and six month period ended June 30, 2021 were $201 thousand and $403 thousand, while lease payments made for the three and six month period ended June 30, 2020 were $195 thousand and $390 thousand, respectively. Interest expense and amortization expense on finance leases for the three month period ended June 30, 2021 was $36 thousand and $121 thousand, and $72 thousand and $242 thousand for the six month period ended June 30, 2021. Interest expense and amortization expense on finance leases for the three month period ended June 30, 2020 was $34 thousand and $107 thousand, and $57 thousand and $213 thousand for the six month period ended June 30, 2020. The weighted-average remaining lease term for all leases was 4.6 years as of June 30, 2021 and the weighted-average discount rate was 3.0%.

2021 (6 months)	$	396
2022		624
2023		568
2024		399
2025		410
Thereafter		3,177
Total Payments		5,574
Less: Imputed Interest		(934	)
Total	$	4,640