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LEASES (Table)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Lease expense and other information related to the Company's operating leases
Year Ended
(Dollars in Thousands)2019
Operating lease expense$325
Short-term lease expense120
Total lease expense$445
Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$331
Right-of-use assets obtained in exchange for new operating lease liabilities1,739
Weighted-average remaining lease term — operating leases (in years)6.8
Weighted-average discount rate — operating leases2.9%
Maturity of remaining lease liabilities
The table below summarizes the maturity of remaining lease liabilities:
(Dollars in Thousands)December 31, 2019
2020$458
2021424
2022417
2023398
2024382
2025 and thereafter703
Total$2,782
Less: Interest(269)
Present Value of Lease liability$2,513