LEASES (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Rent Expense [Table Text Block]

Components of lease expense for the year ended December 31, 2019 are as follows (in thousands):

Operating lease expense	$	561
Short-term lease expense	49
Variable lease expense	10
Other	7
Total lease expense	$	627

Lessee, Leases, Other Information [Table Text Block]

Other information related to leases at December 31, 2019 were as follows (dollars in thousands):

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	480
Right-of-use assets obtained in exchange for new operating lease liabilities	$	5,775
Weighted average remaining lease term in years for operating leases	39 years
Weighted average discount rate for operating leases	3.69		%

Schedule of Future Minimum Rental Payments for Operating Leases

leases as of December 31, 2019 are as follows (in thousands):

2020	$	458
2021	396
2022	258
2023	235
2024	237
Thereafter	10,099
	11,683
Less effects of discounting	6,237
Operating lease liabilities recognized	$	5,446