Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Additional information regarding real estate operating lease

Additional information regarding the Company’s real estate operating lease is as follows.

	Three Months Ended March 31,
	2020
	($ in thousands)
Lease cost:
Operating lease	$	62
Other information on operating lease:
Cash payments included in the measurement of lease liability reported in operating cash flows	71
Right-of-use assets (1)	908
Operating lease liability (2)	908
Weighted average discount rate	3.9		%
Weighted average remaining lease term in years	3.5 years

(1) Included in “other assets” on the Company’s consolidated balance sheet.

(2) Included in “other liabilities” on the Company’s consolidated balance sheet.

Contractual maturity of lease obligations

The following tables present the contractual maturity of the Company’s lease liability:

	March 31, 2020
	($ in thousands)
Remainder of 2020	212
2021	283
2022	283
2023	189
Total undiscounted lease payments	967
Less: present value adjustment	(59	)
Operating lease liability	908