Leases (Tables)

9 Months Ended

Sep. 30, 2019

The following tables present information about the Company’s leases:

(Dollars in thousands)	September 30, 2019
Lease liabilities	$	550
Right-of-use assets	$	546
Weighted average remaining lease term	2.23 years
Weighted average discount rate		2.77	%

Lease Cost

Lease cost (in thousands)	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Operating lease cost	$	82	$	253
Total lease cost	$	82	$	253

Cash paid for amounts included in the measurement of lease liabilities	$	81	$	250

Maturity of Operating Lease Liabilities

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

Lease payments due (in thousands)	As of September 30, 2019
Three months ending December 31, 2019	$	82
Twelve months ending December 31, 2020		291
Twelve months ending December 31, 2021		111
Twelve months ending December 31, 2022		83
Total undiscounted cash flows	$	567
Discount		(17	)
Lease liabilities	$	550