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Leases (Tables)
9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Components of lease expense
The Company’s lease expense is recorded in premises and occupancy expense in the consolidated statements of income (loss). The following table presents the components of lease expense for the periods indicated:

Three Months EndedNine Months Ended
(Dollars in thousands)September 30, 2021June 30, 2021September 30, 2020September 30, 2021September 30, 2020
Operating lease$4,826 $4,887 5,618 $14,725 $12,690 
Short-term lease433 323 495 1,263 1,425 
Total lease expense$5,259 $5,210 $6,113 $15,988 $14,115 
Schedule of supplemental information
The following table presents supplemental information related to operating leases as of and for nine months ended:
(Dollars in thousands)September 30, 2021December 31, 2020
Balance Sheet:
Operating lease right of use assets$67,586 $76,090 
Operating lease liabilities76,592 85,556 
Nine Months Ended
(Dollars in thousands)September 30, 2021September 30, 2020
Cash Flows:
Operating cash outflow from operating leases$15,512 $10,946 
Schedule of minimum contractual lease payments and other information
The following table provides information related to minimum contractual lease payments and other information associated with the Company’s leases as of the dates indicated:

(Dollars in thousands)20212022202320242025ThereafterTotal
As of September 30, 2021
Operating leases$5,103 $20,058 $19,463 $17,454 $12,171 $15,855 $90,104 
Short-term leases130 24 — — — — 154 
Total contractual base rents (1)
$5,233 $20,082 $19,463 $17,454 $12,171 $15,855 $90,258 
Total liability to make lease payments$76,592 
Difference in undiscounted and discounted future lease payments$13,666 
Weighted average discount rate5.23 %
Weighted average remaining lease term (years)5.1
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(1) Contractual base rents reflect options to extend and renewals, and do not include property taxes and other operating expenses due under respective lease agreements.