Leases (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Balance Sheet Classification of Operating Lease Right-of-use Assets and Lease Liabilities

The following table represents the consolidated balance sheet classification of the Company’s ROU assets and liabilities. The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), or equipment leases (deemed immaterial) on the consolidated balance sheet.

(dollars in thousands)	Classification	September 30, 2020		December 31, 2019
Assets
Operating lease right-of-use assets	Other assets	$	572	$	572
Liabilities
Operating lease liabilities	Other liabilities	576		547

Lessee, Operating Lease, Liability, Maturity

The following table represents the future maturities of the operating lease liabilities and other lease information as of September 30, 2020.

(dollars in thousands)			Lease Liability
2021			$	198
2022			149
2023			79
2024			45
2025			45
After September 30, 2025			93
Total lease payments			$	609
Less: interest			(33)
Present value of lease liabilities			$	576
Supplemental lease information:
Cash paid for amounts included in the measurement of lease liabilities:	September 30, 2020		September 30, 2019
Operating cash flows from operating leases (cash payments)	$	176	$	104
Operating cash flows from operating leases (lease liability addition)	167		101
Operating lease right-of-use assets obtained in exchange for leases entered into during the period	196		193