LEASES (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Schedule of Rent Expense [Table Text Block]

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

	2020		2019
Operating lease expense	$	666	561
Short-term lease expense	48		49
Variable lease expense	10		10
Other	7		7
Total lease expense	$	731	627

Lessee, Leases, Other Information [Table Text Block]

Other information related to leases at December 31, 2020 were as follows (dollars in thousands):

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	588
Right-of-use assets obtained in exchange for new operating lease liabilities	$	1,388
Weighted average remaining lease term in years for operating leases	33.1
Weighted average discount rate for operating leases	3.43		%

Schedule of Future Minimum Rental Payments for Operating Leases

leases as of December 31, 2020 are as follows (in thousands):

2021	$	686
2022	548
2023	525
2024	527
2025	348
Thereafter	9,870
	12,504
Less effects of discounting	6,133
Operating lease liabilities recognized	$	6,371