LEASE COMMITMENTS & CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of Maturities of Operating Lease Liabilities

The table below details the Right of Use asset (net of accumulated amortization), lease liability and other information related to the Company's operating leases:

(dollars in thousands)	June 30, 2022			December 31, 2021
Operating Leases
Operating lease right of use asset, net	$	6,123		$	6,124
Operating lease liability	$	6,372		$	6,343
Weighted average remaining lease term	16.06 years			17.21 years
Weighted average discount rate	3.50		%	3.51		%
Remaining lease term - min	5.0 years			6.3 years
Remaining lease term - max	22.0 years			23.0 years

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

(dollars in thousands)	As of June 30, 2022
Lease payments due:
Within one year	$	564
After one but within two years	582
After two but within three years	600
After three but within four years	635
After four but within five years	638
After five years	5,526
Total undiscounted cash flows	$	8,545
Discount on cash flows	2,173
Total lease liability	$	6,372

Lease Cost

The table below details the Company's lease cost, which is included in occupancy expense in the Unaudited Consolidated Statements of Income.

	Three Months Ended June 30,				Six Months Ended June 30,
(dollars in thousands)	2022		2021		2022		2021
Operating lease cost	$	150	$	146	$	297	$	343
Cash paid for lease liability	$	135	$	159	$	266	$	176