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Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Summary of Information Related to Leases

The following table sets forth information related to our leases as of the periods indicated.

 

 

 

June 30

 

 

December 31

 

 

Dollars in thousands

 

2020

 

 

2019

 

 

Right of use asset

 

$

14,601

 

 

$

11,701

 

 

Weighted average discount rate

 

 

3.33

%

 

 

2.92

%

 

Weighted average remaining maturity (months)

 

 

66

 

 

 

34

 

 

 

 

 

 

 

 

 

 

 

 

The following table sets for operating lease expense for the periods indicated:

 

 

June 30

 

 

In thousands

 

2020

 

 

2019

 

 

Three months ended

 

$

1,443

 

 

$

1,416

 

 

Six months ended

 

 

2,885

 

 

 

3,022

 

 

Summary of Future Minimum Lease Payments

The following table sets forth required future minimum lease payments for the years indicated:

 

 

In thousands

 

 

 

 

 

 

 

2020

 

 

 

$

2,403

 

 

2021

 

 

 

 

4,151

 

 

2022

 

 

 

 

2,690

 

 

2023

 

 

 

 

1,348

 

 

2024

 

 

 

 

939

 

 

Thereafter

 

 

 

 

4,218