Operating Leases (Tables)

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
($ in thousands)	2020		2019		2020		2019
Operating lease cost (1)	$	669	$	680	$	1,985	$	1,953
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	680	$	693	2,107		2,012
Right of use assets obtained in exchange for lease obligations	$	51	$	28	105		1,616

(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)	September 30, 2020			December 31, 2019
Operating leases:
Operating lease assets	$	7,329		$	8,991
Operating lease liabilities	$	8,204		$	9,990
Weighted-average remaining lease term	4.4 years			5.0 years
Weighted-average discount rate	2.80		%	2.81		%

Maturities of Operating Lease Liabilities

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

($ in thousands)	September 30, 2020
Maturities:
2020	$	641
2021	2,330
2022	2,171
2023	1,828
2024	547
After 2024	1,352
Total lease payment	8,869
Imputed Interest	(665)
Present value of operating lease liabilities	$	8,204