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Leases (Tables)
3 Months Ended
Mar. 31, 2022
Lessee Disclosure [Abstract]  
Summary of Other Information Related to Operating Leases

The table below summarizes other information related to our operating leases:

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

 

 

(in thousands except percent and period data)

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

99

 

 

$

96

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

 

2,015

 

 

 

2,354

 

Weighted-average remaining lease term - operating leases, in years

 

 

5.6

 

 

 

6.6

 

Weighted-average discount rate - operating leases

 

 

2.47

%

 

 

2.45

%

 

Summary of the Maturity of Remaining Lease Liabilities

The table below summarizes the maturity of remaining lease liabilities:

 

 

 

 

 

 

March 31, 2022

 

 

 

 

(in thousands)

 

 

 

 

 

 

2022

 

$

301

 

 

2023

 

 

408

 

 

2024

 

 

417

 

 

2025

 

 

427

 

 

2026

 

 

387

 

 

2027 and thereafter

 

 

365

 

 

Total lease payments

 

 

2,305

 

 

Less: Interest

 

 

(164

)

 

Present value of lease liabilities

 

 

2,141