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Leases (Tables)
6 Months Ended
Jun. 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)ClassificationJune 30, 2020December 31, 2019
Assets
Operating lease right-of-use assetsOther assets$633  $572  
Liabilities
Operating lease liabilitiesOther liabilities633  547  
Lessee, Operating Lease, Liability, Maturity
The following table represents the future maturities of the operating lease liabilities and other lease information as of June 30, 2020.
(dollars in thousands)Lease Liability
2021$222  
2022152  
2023101  
202445  
202545  
After June 30, 2025104  
Total lease payments$669  
Less: interest(36) 
Present value of lease liabilities$633  
Supplemental lease information:
Cash paid for amounts included in the measurement of lease liabilities:June 30, 2020
Operating cash flows from operating leases (cash payments)$116  
Operating cash flows from operating leases (lease liability reduction)110  
Operating lease right-of-use assets obtained in exchange for leases entered into during the period196