LEASES (Tables)

9 Months Ended

Sep. 30, 2020

LEASES

Schedule of Maturity Analysis of the Operating Lease Liabilities

	Operating lease
Years ending December 31, (in thousands)	Obligation
2020	$	142
2021		581
2022		595
2023		606
2024		622
2025 and thereafter		2,873
Total undiscounted lease payments		5,419
Less imputed interest		(635)
Lease liability	$	4,784
Right-of-use asset	$	4,784

Schedule of Lease Cost

	Three months ended September 30,					Nine months ended September 30,
	2020			2019		2020		2019
Lease cost
Operating lease cost	$	141		$	128	$	402	$	372
Short-term lease cost		6			6		18		18
Total lease cost	$	147		$	134	$	420	$	390
Other information
Operating cash outflows from operating leases	$	402
Weighted-average remaining lease term - operating leases		9.1	years
Weighted average discount rate - operating leases		2.8	%