Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Consolidated Balance Sheet Classification of Assets and 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	March 31, 2021		December 31, 2020
Assets
Operating lease right-of-use assets	Other assets	$	193	$	511
Liabilities
Operating lease liabilities	Other liabilities	196		517

Lessee, Operating Lease, Liability, Maturity

The following table represents the future maturities of the operating lease liabilities and other lease information as of March 31, 2021.

(dollars in thousands)			Lease Liability
2021			$	115
2022			83
Total lease payments			$	198
Less: interest			(2)
Present value of lease liabilities			$	196
Supplemental lease information:
Cash paid for amounts included in the measurement of lease liabilities:	March 31, 2021		March 31, 2020
Operating cash flows from operating leases (cash payments)	$	58	$	50
Operating cash flows from operating leases (lease liability addition)	—		42
Operating lease right-of-use assets obtained in exchange for leases entered into during the period	—		195

Other Lease Information

The following table represents the future maturities of the operating lease liabilities and other lease information as of March 31, 2021.

(dollars in thousands)			Lease Liability
2021			$	115
2022			83
Total lease payments			$	198
Less: interest			(2)
Present value of lease liabilities			$	196
Supplemental lease information:
Cash paid for amounts included in the measurement of lease liabilities:	March 31, 2021		March 31, 2020
Operating cash flows from operating leases (cash payments)	$	58	$	50
Operating cash flows from operating leases (lease liability addition)	—		42
Operating lease right-of-use assets obtained in exchange for leases entered into during the period	—		195