Operating Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Operating Lease Cost and Supplemental Information

The following table presents operating lease cost and supplemental cash flow information related to leases for the periods indicated:

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands)	2020		2019		2020		2019
Operating lease cost (1)	$	576	$	649	$	1,267	$	1,273
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	694	$	669	1,427		1,319
Right of use assets obtained in exchange for lease obligations	$	17	$	1,523	54		1,588

(1) Included in Occupancy and Equipment on the Consolidated Statements of Income.

The following table presents supplemental balance sheet information related to leases as of the dates indicated:

($ in thousands)	June 30, 2020			December 31, 2019
Operating leases:
Operating lease assets	$	7,843		$	8,991
Operating lease liabilities	$	8,758		$	9,990
Weighted-average remaining lease term	4.6 years			5.0 years
Weighted-average discount rate	2.72		%	2.81		%

Maturities of Operating Lease Liabilities

The following table presets maturities of operating lease liabilities as of June 30, 2020:

($ in thousands)	June 30, 2020
Maturities:
2020	$	1,293
2021	2,303
2022	2,171
2023	1,828
2024	547
After 2024	1,351
Total lease payment	9,493
Imputed Interest	(735)
Present value of operating lease liabilities	$	8,758