XML 43 R32.htm IDEA: XBRL DOCUMENT v3.19.2
Leases (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Schedule of Information about Leases

 

The following tables present information about the Company’s leases at the dates indicated:

 

(Dollars in thousands)

 

June 30, 2019

 

Lease liability

 

$

5,307

 

Right-of-use asset

 

$

5,314

 

Weighted average remaining lease term

 

9.21 years

 

Weighted average discount rate

 

 

3.54

%

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

(In thousands)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Lease Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease expense

 

$

199

 

 

NR*

 

 

$

410

 

 

NR*

 

Short-term lease expense

 

 

3

 

 

NR*

 

 

 

6

 

 

NR*

 

Total lease expense

 

$

202

 

 

$

171

 

 

$

416

 

 

$

339

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in lease liabilities

 

$

161

 

 

NR*

 

 

$

368

 

 

NR*

 

 

*Not reportable

Maturity Schedule of Undiscounted Cash Flows Contribute to Lease Liability

 

 

 

The following table presents a maturity schedule of undiscounted cash flows that contribute to the lease liability:

 

(In thousands)

 

 

 

 

Undiscounted Cash Flow

 

June 30, 2019

 

Six months ending December 31, 2019

 

$

276

 

Twelve months ending December 31, 2020

 

 

670

 

Twelve months ending December 31, 2021

 

 

682

 

Twelve months ending December 31, 2022

 

 

694

 

Twelve months ending December 31, 2023

 

 

707

 

Twelve months ending December 31, 2024

 

 

646

 

Thereafter

 

 

2,603

 

Total undiscounted cash flows

 

$

6,278

 

Less:  Discount

 

 

(971

)

Lease liability

 

$

5,307