Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases

Schedule of right-of-use assets and lease liabilities

		March 31,		December 31,
(dollars in thousands)		2020		2019
Lease Right-of-Use Assets	Classification
Operating lease right-of-use assets	Operating lease right-of-use assets	$	7,965	$	8,343
Finance lease right-of-use assets	Land, premises and equipment, net		289		318
Total lease right-of-use assets		$	8,254	$	8,661
Lease Liabilities
Operating lease liabilities	Operating lease liabilities	$	8,480	$	8,864
Finance lease liabilities	Long-term debt		589		640
Total lease liabilities		$	9,069	$	9,504

Schedule of weighted average remaining lease term and average discount rate

	March 31,		December 31,
	2020		2019
Weighted-average remaining lease term, years
Operating leases	6.1		6.2
Finance leases	2.6		2.8
Weighted-average discount rate
Operating leases	3.2	%	3.1	%
Finance leases	7.8	%	7.8	%

Schedule of lease costs and other lease information

	Three months ended
	March 31,
(dollars in thousands)	2020		2019
Lease costs
Operating lease cost	$	623	$	572
Variable lease cost		197		199
Short-term lease cost		95		205
Finance lease cost
Interest on lease liabilities		12		15
Amortization of right-of-use assets		29		29
Sublease income		(66)		(71)
Net lease cost	$	890	$	949
Other information
Cash paid for amounts included in the measurement of lease liabilities operating cash flows from operating leases	$	618	$	577
Right-of-use assets obtained in exchange for new operating lease liabilities		183		—
Right-of-use assets obtained in exchange for new finance lease liabilities		—		—

Schedule of future minimum payments for finance leases

Future minimum payments for finance and operating leases with initial or remaining terms of one year or more as of March 31, 2020 were as follows:

	Finance		Operating
(dollars in thousands)	Leases		Leases
Twelve months ended
March 31, 2021	$	251	$	2,037
March 31, 2022		251		1,630
March 31, 2023		150		1,592
March 31, 2024		—		1,441
March 31, 2025		—		761
Thereafter		—		2,083
Total future minimum lease payments	$	652	$	9,544
Amounts representing interest		(63)		(1,064)
Total operating lease liabilities	$	589	$	8,480

Schedule of future minimum payments for operating leases

	Finance		Operating
(dollars in thousands)	Leases		Leases
Twelve months ended
March 31, 2021	$	251	$	2,037
March 31, 2022		251		1,630
March 31, 2023		150		1,592
March 31, 2024		—		1,441
March 31, 2025		—		761
Thereafter		—		2,083
Total future minimum lease payments	$	652	$	9,544
Amounts representing interest		(63)		(1,064)
Total operating lease liabilities	$	589	$	8,480