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LEASES (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Schedule of operating lease other information

The following table presents supplemental cash flow and other information related to our operating leases:

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​

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​

​

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For the Three Months Ended

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(in thousands except for percent and period data)

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March 31, 2020

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​

March 31, 2019

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Supplemental cash flow information:

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​

​

​

​

​

​

Cash paid for amounts included in the measurement of lease liabilities

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$

1,241

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​

$

1,262

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

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$

—

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​

$

155

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​

​

​

​

​

​

​

​

​

Other information:

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​

​

​

​

​

​

​

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

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​

5.6

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​

​

6.1

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Weighted-average discount rate - operating leases

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2.8

%

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3.0

%

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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:

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​

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​

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As of

(dollars in thousands)

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March 31, 2020

Lease payments due:

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​

​

Less than one year

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$

2,305

One to three years

​

​

3,323

Three to five years

​

​

2,043

More than five years

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1,586

Total lease payments

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​

9,257

Less: imputed interest

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​

(748)

Lease liabilities

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$

8,509