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Lease Commitments (Tables)
12 Months Ended
Dec. 31, 2019
Lease Commitments [Abstract]  
Schedule of operating lease financial position

 

 

 

 

 

 

Statement of Financial Condition classification

 

December 31, 2019

Operating lease right of use asset

Other Assets

 

$

2,607

 

 

 

 

 

Operating lease liabilities

Other Liabilities

 

$

2,627

 

Schedule of components of operating lease expense

 

 

 

 

 

 

 

 

 

Statement of Income classification

 

2019

 

2018

Operating lease cost

Net occupancy expenses and equipment expenses

 

$

646

 

$

687

Short-term lease cost

Net occupancy expenses and equipment expenses

 

 

76

 

 

122

Variable lease cost

Net occupancy expenses

 

 

176

 

 

152

Total operating lease cost

 

 

$

898

 

$

961

 

 

 

 

 

 

 

 

 

Schedule of minimum rental commitments

 

 

 

 

2020

 

$

753

2021

 

 

619

2022

 

 

530

2023

 

 

333

2024

 

 

45

Thereafter

 

 

1,174

Total lease payments

 

$

3,454

Less: present value discount

 

 

827

Present value of lease liabilities

 

$

2,627

 

 

 

 

 

Schedule of lease information

 

 

 

 

 

 

 

 

December 31, 2019

Weighted average remaining lease term

 

 

10.60

years

Weighted average discount rate

 

 

3.76

%

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

Operating cash flows from leases

 

$

759