COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Mar. 31, 2022

COMMITMENTS AND CONTINGENCIES

Schedule of weighted-average term and discount rates for operating and finance leases

The following table displays the weighted-average term and discount rates for operating and finance leases outstanding as of March 31, 2022 and December 31, 2021.

	March 31,	December 31,	March 31,	December 31,
	2022	2021	2022	2021
	Operating	Operating	Finance	Finance
Weighted-average term (years)	24.44	24.51	1.42	1.67
Weighted-average discount rate	3.91%	3.89%	0.68%	0.68%

Schedule of maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows

(Dollars in thousands)	March 31,		December 31,		March 31,		December 31,
	2022		2021		2022		2021
Minimum Lease Payments due:	Operating		Operating		Finance		Finance
Within one year	$	101	$	120	$	10	$	10
After one but within two years		68		68		4		7
After two but within three years		68		68		—		—
After three but within four years		68		68		—		—
After four but within five years		71		68		—		—
After five years		2,170		2,190		—		—
Total undiscounted cash flows		2,546		2,582		14		17
Discount on cash flows		(1,033)		(1,083)		—		(1)
Total lease liability	$	1,513	$	1,499	$	14	$	16

Schedule of maturity analysis of finance lease liabilities and reconciliation of the undiscounted cash flows

A maturity analysis of operating and finance lease liabilities and reconciliation of the undiscounted cash flows to the total operating or finance lease liability is as follows:

(Dollars in thousands)	March 31,		December 31,		March 31,		December 31,
	2022		2021		2022		2021
Minimum Lease Payments due:	Operating		Operating		Finance		Finance
Within one year	$	101	$	120	$	10	$	10
After one but within two years		68		68		4		7
After two but within three years		68		68		—		—
After three but within four years		68		68		—		—
After four but within five years		71		68		—		—
After five years		2,170		2,190		—		—
Total undiscounted cash flows		2,546		2,582		14		17
Discount on cash flows		(1,033)		(1,083)		—		(1)
Total lease liability	$	1,513	$	1,499	$	14	$	16