LEASES (Tables)

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Schedule of Maturity Analysis of the Operating Lease Liabilities

The following is a maturity analysis of the operating lease liabilities as of September 30, 2022:

Years ending December 31, (in thousands)	Operating Lease Obligation
2022	$	179
2023	727
2024	744
2025	756
2026	731
2027 and thereafter	2,938
Total undiscounted lease payments	6,075
Less imputed interest	(634)
Lease liability	$	5,441
Right-of-use asset	$	5,441

Schedule of Lease Cost

	Three months ended September 30,						Nine Months Ended September 30,
(dollars in thousands)	2022			2021			2022			2021
Lease cost
Operating lease cost	$	169		$	133		$	502		$	403
Short-term lease cost	4			6			18			18
Total lease cost	$	173		$	139		$	520		$	421
Other information
Operating cash outflows from operating leases	$	169		$	133		$	502		$	403
Weighted-average remaining lease term - operating leases	7.5 years			8.1 years			7.5 years			8.1 years
Weighted average discount rate - operating leases	2.5		%	2.8		%	2.5		%	2.8		%