Leases (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Information about operating leases

The table below summarizes other information related to the Company's operating leases as of and for the nine months ended September 30, 2020:

(dollars in thousands)	As of and for the Nine Months Ended September 30, 2020
Weighted average remaining operating lease term	9.6 years
Weighted average operating lease discount rate	3.4	%

Schedule of maturity of operating lease liability

Future obligations over the primary and renewal option terms of the Company’s long-term operating leases as of September 30, 2020, were as follows:

(in thousands)	Amount
3 months remaining in 2020	$	130
2021	529
2022	537
2023	539
2024	539
Thereafter	2,815
Total lease payments	5,089
Less: Imputed interest	(762)
Present value of lease liabilities	$	4,327