LEASES (Tables)

12 Months Ended

Dec. 31, 2020

LEASES

Schedule of operating leases assets and liabilities

		December 31,
	Classification on Consolidated Balance Sheet	2020		2019
(in thousands)
Assets:
Operating lease right-of-use assets	Other assets	$	124	$	159
Liabilities:
Current portion of operating lease liabilities	Accrued expenses and other liabilities	$	52	$	47
Long-term operating lease liabilities	Other long-term liabilities		70		110
Total lease liabilities		$	122	$	157

Schedule of components of lease expense

Year ended December 31,	2020		2019
(in thousands)
Operating lease cost	$	54	$	52
Short-term lease cost		2		3
Total lease cost	$	56	$	55

Schedule of other information

As of December 31,	2020			2019
Cash paid for amounts included in the measurement of lease liabilities – operating leases (in thousands)	$	49		$	46
ROU assets obtained in exchange for operating lease liabilities (in thousands)	$	14		$	—
Weighted average remaining lease term – operating leases (years)		2.5			3.3
Weighted average discount rate – operating leases		3.48	%		3.68	%

Schedule of future minimum lease payments

As of December 31,	2020		2019
(in thousands)
2020	$	—	$	52
2021		55		52
2022		55		52
2023		13		10
2024		3		—
2025		1		—
Total lease payments		127		166
Less: Amounts representing interest		(5)		(9)
Present value of lease liabilities	$	122	$	157