LEASES (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Summary of Operating Lease ROU assets and Liabilities

The following table summarizes operating lease ROU assets and operating lease liabilities and their corresponding balance sheet classification:

(amounts in thousands)	Classification	March 31, 2021		December 31, 2020
Assets:
Operating lease ROU assets	Other assets	$	936	$	1,218
Liabilities:
Operating lease liabilities	Operating lease liabilities	$	949	$	1,131

Summary of Operating Lease Cost and Weighted Average Remaining Lease Term and Discount Rate

The following table summarizes operating lease cost and its corresponding income statement location for the periods presented:

		Three Months Ended March 31,
(amounts in thousands)	Classification	2021		2020
Operating lease cost	Occupancy	$	275	$	258

The following table summarizes the weighted average remaining lease term and discount rate for BMT’s operating leases at March 31, 2021 and December 31, 2020:

(amounts in thousands)	March 31, 2021		December 31, 2020
Weighted average remaining lease term (years)
Operating leases	1.3 years		1.6 years
Weighted average discount rate
Operating leases	1.0	%	1.4	%

Maturities of Non-Cancelable Operating Lease Liabilities

The maturities of non-cancelable operating lease liabilities were as follows at March 31, 2021:

(amounts in thousands)	March 31, 2021
2021	$	540
2022	419
Total minimum payments	959
Less: interest	(10)
Present value of lease liabilities	$	949