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LEASES (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Schedule of operating lease other information

The following table presents other information related to our operating leases:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Six Months Ended

 

 

 

 

(in thousands except for percent and period data)

 

June 30, 2019

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

$

2,483

 

 

 

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

 —

 

 

 

 

Weighted-average remaining lease term - operating leases, in years

 

 

6.0

 

 

 

 

Weighted-average discount rate - operating leases

 

 

3.0

%

 

 

 

 

Schedule of future minimum rental payments required under non-cancelable operating leases for bank premises

The following table summarizes the maturity of remaining lease liabilities:

 

 

 

 

 

 

 

 

 

 

As of

 

 

June 30, 

(dollars in thousands)

 

2019

Lease payments due:

 

 

 

    Less than one year

 

$

1,199

    One to three years

 

 

3,445

    Three to five years

 

 

2,384

    More than five years

 

 

2,199

    Total lease payments

 

 

9,227

Less: lease expense

 

 

(842)

Lease liabilities

 

$

8,385