Leases (Notes)

12 Months Ended

Dec. 31, 2019

Lessee, Lease, Description [Line Items]

LEASES

The Company has banking and limited-service facilities, datacenters, and certain equipment leased under agreements. Most of the leases expire between 2020 and 2024 and include one or more renewal options of up to 5 years. One lease expires in 2031. All leases are classified as operating leases.



	For the twelve months ended
($ in thousands)	December 31, 2019
Operating lease cost	$	3,301
Short-term lease cost	288
Total lease cost	$	3,589

Payments on operating leases included in the measurement of lease liabilities during the twelve months ended December 31, 2019 totaled $3.3 million. Right-of-use assets obtained in exchange for lease obligations totaled $5.2 million during the twelve months ended December 31, 2019.

Supplemental balance sheet information related to leases was as follows:



	As of
($ in thousands)	December 31, 2019
Operating lease right-of-use assets, included in other assets	$	14,843
Operating lease liabilities, included in other liabilities	15,461

Operating leases
Weighted average remaining lease term	6 years
Weighted average discount rate	2.7		%

Maturities of operating lease liabilities were as follows:



($ in thousands)
Year	Amount
2020	$	3,054
2021	3,097
2022	2,734
2023	2,527
2024	2,146
Thereafter	3,203
Total operating lease liabilities, payments	16,761
Less: present value adjustment	1,300
Operating lease liabilities	$	15,461

As of December 31, 2019, the Company has an operating lease renewal for an existing facility that has not yet commenced. This renewal is expected to commence in the first quarter of 2020 with a lease term of 3 years.

Lessor income was $0.9 million during the twelve months ended December 31, 2019.