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LEASES (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Schedule of Summarizes Other Information Related to Operating Leases

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

 

 

As of June 30, 2019

 

Operating leases

 

 

 

 

Operating lease right-of-use assets

 

$

11,660

 

Operating lease liabilities

 

 

11,701

 

 

 

 

 

 

Weighted average remaining lease term

 

 

 

 

Operating leases

 

10 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 2023 and thereafter.  Minimum future lease payments under these non-cancelable operating leases in excess of one year as of June 30, 2019, are as follows:

 

 

 

 

 

2019

 

$

892

 

2020

 

 

1,530

 

2021

 

 

1,322

 

2022

 

 

1,203

 

2023

 

 

1,180

 

Thereafter

 

 

7,322

 

Total lease payments

 

 

13,449

 

Less: interest

 

 

(1,748

)

Present value of lease liabilities

 

$

11,701