LEASES (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Supplemental lease information

Supplemental lease information at or for the three months ended March 31, 2021 and 2020 is as follows:

LEASES

	2021			2020
Balance Sheet
Operating lease asset classified as other assets	$	2,551,000		$	2,717,000
Operating lease liability classified as other liabilities		2,730,000			2,392,000
Income Statement
Operating lease cost classified as occupancy and equipment expense	$	194,000		$	190,000
Weighted average lease term, in years		5.87			5.47
Weighted average discount rate (1)		2.98	%		2.98	%
Operating cash flows	$	190,000		$	194,000

maturity analysis of the Company’s lease liabilities

A maturity analysis of the Company’s lease liabilities at March 31, 2021 was as follows:

LEASES (Details 2)

	Balance
April 1, 2021 to December 31, 2021	$	583,000
January 1, 2021 to December 31, 2022		753,000
January 1, 2022 to December 31, 2023		329,000
January 1, 2023 to December 31, 2024		322,000
January 1, 2024 to December 31, 2025		232,000
Thereafter		753,000
Total lease payments		2,972,000
Less:  Interest		(242,000	)
Present value of lease liabilities	$	2,730,000