XML 90 R55.htm IDEA: XBRL DOCUMENT v3.24.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Components of Lease Expense
The Company’s lease expense is recorded in premises and occupancy expense in the consolidated statements of income. The following table presents the components of lease expense for the periods indicated:

For the Year Ended December 31,
(Dollars in thousands)20232022
Operating leases$18,158 $18,541 
Short-term leases1,569 1,735 
Total lease expense$19,727 $20,276 
Schedule of Supplemental Information
The following tables present supplemental information related to operating leases as of and for years ended:
At December 31,
(Dollars in thousands)20232022
Balance Sheet:
Operating lease right-of-use assets$41,555 $50,596 
Operating lease liabilities$47,115 $58,141 
For the Year Ended December 31,
(Dollars in thousands)20232022
Cash Flows:
Operating cash outflows from operating leases
$20,021 $20,061 
Schedule of Minimum Contractual Lease Payments and Other Information
The following tables provide information related to minimum contractual lease payments and other information associated with the Company’s leases as of December 31, 2023:
(Dollars in thousands)20242025202620272028ThereafterTotal
December 31, 2023
Operating leases$19,179 $13,529 $7,848 $5,340 $4,384 $2,871 $53,151 
Short-term leases— — — — — 
Total contractual base rents (1)
$19,182 $13,529 $7,848 $5,340 $4,384 $2,871 $53,154 
Total liability to make lease payments$47,115 
Difference in undiscounted and discounted future lease payments$6,036 
Weighted average discount rate5.84 %
Weighted average remaining lease term (years)3.7
(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.