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Leases (Tables)
9 Months Ended
Sep. 30, 2019
Leases  
Summary of consolidated statements of financial condition classification of our ROU assets and lease liabilities

 

 

 

 

 

 

    

September 30, 2019

    

 

 

(dollars in thousands)

Lease ROU assets

 

$

2,534

 

Lease liabilities

 

 

2,572

 

 

Summary of lease cost

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

    

September 30, 2019

    

September 30, 2019

 

 

(dollars in thousands)

Operating lease costs

 

$

110

 

$

323

Variable lease cost

 

 

 —

 

 

 —

Total lease cost

 

 

110

 

 

323

 

Summary of future minimum payments for finance leases and operating leases

 

 

 

 

 

 

    

September 30, 2019

    

Lease payments due:

 

(dollars in thousands)

September 30, 2020

 

$

353

 

September 30, 2021

 

 

330

 

September 30, 2022

 

 

326

 

September 30, 2023

 

 

279

 

September 30, 2024

 

 

250

 

Thereafter

 

 

1,627

 

Total future minimum lease payments

 

 

3,165

 

Amounts representing interest

 

 

(593)

 

Present value of net future minimum lease payments

 

 

2,572