Note 7 – Leases

The following table details the Company’s right of use asset and the corresponding lease liability for the Company’s operating leases as of March 31, 2019 and the impacted line item on the Consolidated Balance Sheet(in thousands):

Lease Type	Balance at March 31, 2019		Affected line item on the Consolidated Balance Sheet
Right of Use Assets
Operating	$	1,381	Other Assets

Lease Liabilities:
Operating	$	1,383	Other Liabilities

The following table provides information related to the Company’s lease costs for the three months ended March 31, 2019 (in thousands):

Lease Cost
Operating lease cost	$	85
Variable lease cost		23
Total lease cost	$	108

The following table displays the weighted average remaining lease term and the weighted average discount rate for the Company’s operating leases outstanding as of March 31, 2019:

	Operating
Weighted average term (years)	6.55
Weighted average discount rate	3.11%

The following table provides the undiscounted cashflows related to operating leases as of March 31, 2019 along with a reconciliation to the discounted amount recorded on the March 31, 2019 Consolidated Balance Sheet (in thousands):

Undiscounted cash flows due within	Operating
Remaining 2019	$	250
2020		279
2021		238
2022		230
2023		142
2024		105
2025 and thereafter		291
Total undiscounted cash flows		1,535
Impact of present value discount		154
Amount reported on balance sheet	$	1,381