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Commitments and Contingent Liabilities (Tables)
3 Months Ended
Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Summary of Quantitative Information About Operating Leases
The following table reflects the quantitative information for the Company’s leases.
 
(Dollars in thousands)
  
March 31,
2020
 
Operating lease cost (cost resulting form lease payments)
  
$
621
 
Operating lease – operating cash flows (fixed payments)
  
$
491
 
Operating lease – ROU assets
  
$
9,867
 
Operating lease – liabilities
  
$
12,119
 
Weighted average lease term – operating leases
  
 
4.8 years
 
Weighted average discount rate – operating leases
  
 
2.58
%
Summary of Lessee, Operating Lease
 
(Dollars in thousands)
 
 
March 31,
2020
 
2020
  
$
1,914
 
2021
  
 
2,431
 
2022
  
 
2,441
 
2023
  
 
1,497
 
2024
  
 
1,456
 
Thereafter
  
 
3,291
 
 
  
 
 
 
Total
 
undiscounted cash flows
  
 
13,030
 
Discount on cash flows
 
 
 
(911
)
 
Total lease liability
 
 
 
$
12,119