LEASES (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Schedule of Maturity Analysis of the Operating Lease Liabilities

The following is a maturity analysis of the operating lease liabilities as of June 30, 2022:

Years ending December 31, (in thousands)	Operating Lease Obligation
2022	$	354
2023	717
2024	734
2025	752
2026	731
2027 and thereafter	2,938
Total undiscounted lease payments	6,226
Less imputed interest	(667)
Lease liability	$	5,559
Right-of-use asset	$	5,559

Schedule of Lease Cost

	Three months ended June 30,						Six Months Ended June 30,
(dollars in thousands)	2022			2021			2022			2021
Lease cost
Operating lease cost	$	163		$	135		$	333		$	270
Short-term lease cost	8			6			14			12
Total lease cost	$	171		$	141		$	347		$	282
Other information
Operating cash outflows from operating leases	$	163		$	135		$	333		$	270
Weighted-average remaining lease term - operating leases	8.5 years			8.3 years			8.5 years			8.3 years
Weighted average discount rate - operating leases	2.5		%	2.8		%	2.5		%	2.8		%