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LEASES (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Schedule of Summarizes Other Information Related to Operating Leases

The table below summarizes other information related to our operating leases:

 

 

Three Months Ended March 31, 2019

 

Weighted average remaining lease term

 

 

 

 

Operating leases

 

16 years

 

Weighted average discount rate

 

 

 

 

Operating leases

 

 

2.75

%

Schedule of Minimum Future Lease Payments Under Non-Cancelable Operating Leases

The Company leases some of its banking facilities under non-cancelable operating leases expiring in various years through 2024 and thereafter.  Minimum future lease payments under these non-cancelable operating leases in excess of one year as of March 31, 2019, are as follows:

 

 

 

 

 

2019

 

$

1,294

 

2020

 

 

1,473

 

2021

 

 

1,264

 

2022

 

 

1,150

 

2023

 

 

1,150

 

Thereafter

 

 

17,156

 

Total lease payments

 

 

23,487

 

Less: interest

 

 

(11,877

)

Present value of lease liabilities

 

$

11,610