The Company has operating leases for branch office locations, vehicles and certain office equipment such as printers, copiers and faxes. The leases have remaining lease terms of 4 months to 9.75 years, some of which include options to extend the lease for up to 10 years and some of which include options to terminate the leases within 4 months.

The right of use asset and lease liability were $5.0 and $5.1 million as of September 30, 2020 and $3.3 million at September 30, 2019. The right of use asset and lease liability were $3.1 million and $3.2 million at December 31, 2019.

Lease payments made for the three and nine month period ended September 30, 2020 were $191 thousand and $581 thousand, while lease payments made for the three and nine month period ended September 30, 2019 were $146 thousand and $438 thousand, respectively. Interest expense and amortization expense on finance leases for the three month period ended September 30, 2020 was $38 thousand and $121 thousand, and $95 thousand and $334 thousand for the nine month period ended September 30, 2020. Interest expense and amortization expense on finance leases for the three month period ended September 30, 2019 was $25 thousand and $89 thousand, and $78 thousand and $266 thousand for the nine month period ended September 30, 2019. The weighted-average remaining lease term for all leases was 5.1 years as of September 30, 2020 and the weighted-average discount rate was 3.0%.

2020 (3 months)	$	201
2021		799
2022		624
2023		568
2024		398
Thereafter		3,588
Total Payments		6,178
Less: Imputed Interest		(1,051	)
Total	$	5,127