LEASES (Tables)

6 Months Ended

Jun. 30, 2020

LEASES

Lease Balance Sheet Location

The following table presents the classification of the right-of-use asset and corresponding liability within the condensed consolidated balance sheet. The Company elected to not include short-term leases with initial terms of twelve months or less, on the condensed consolidated balance sheet, (in thousands).

		June 30,		December 31,
		2020		2019
Lease Right-of-Use Assets	Classification
Operating lease right-of-use assets	Other assets	$	9,427	$	10,308
Lease Liabilities	Classification
Operating lease liabilities	Other liabilities	$	12,290	$	13,480

Schedule Of Weighted Average Lease Term And Discount Rate [Table Text Block]

	June 30,		December 31,
	2020		2019
Weighted-Average Remaining Lease Term
Operating leases	4.58	years	4.91	years
Weighted-Average Discount Rate
Operating leases	3.65	%	3.71	%

Lease Costs

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Lease Costs
Operating lease cost	$	814	$	789	$	1,615	$	1,572
Variable lease cost		498		385		959		773
Sublease income		(100)		(100)		(199)		(199)
Lease costs, net	$	1,212	$	1,074	$	2,375	$	2,146

Schedule of Minimum Lease Payments Due

The following table presents a maturity analysis of the Company’s operating lease liabilities on an annual basis for each of the first five years and total amounts thereafter as of June 30, 2020:

Twelve months Ended	Operating Leases
June 30, 2021	$	3,200
June 30, 2022		2,785
June 30, 2023		2,644
June 30, 2024		2,329
June 30, 2025		2,164
Thereafter		230
Total future minimum lease payments	$	13,352
Less: Imputed interest		(1,062)
Present value of net future minimum lease payments	$	12,290