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Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Components of Equipment Finance Assets
The components of Equipment Finance assets are as follows:
September 30, 2022December 31, 2021
Lease receivables$144,433 $122,927 
Unguaranteed residual asset values40,375 36,837 
Unearned income(18,253)(10,989)
Deferred fees892 380 
Total$167,447 $149,155 
Future Minimum Payments to be Received, Fiscal Year Maturity
Future minimum lease payments based on maturity of the Company’s lessor arrangements as of September 30, 2022 were as follows:
2022$12,639 
202347,231 
202439,093 
202526,387 
202615,988 
Thereafter12,412 
Total lease payments$153,750 
Discount effect(9,317)
Present value of future minimum lease payments$144,433 
Supplemental Balance Sheet Information
Balance sheet information related to leases was as follows:
ROU Assets and Lease LiabilitiesBalance Sheet ClassificationSeptember 30, 2022December 31, 2021
Operating lease assetsOther assets$69,936 $77,316 
Operating lease liabilities (1)
Other liabilities$83,561 $91,588 
(1)    The difference between operating lease assets and operating lease liabilities is the unamortized balance of deferred rent.
Lease Costs
Components of net lease costs were as follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
Net Lease CostsIncome Statement Classification2022202120222021
Operating lease costs (1)
Occupancy$(3,195)$(4,561)$(12,041)$(14,315)
Sublease revenueOther non-interest income— 1,538 2,847 4,612 
Net lease costs$(3,195)$(3,023)$(9,194)$(9,703)
(1)    Includes variable lease costs of $0.2 million and $0.4 million for the third quarters of 2022 and 2021, respectively. Includes variable lease costs of $0.9 million for both the first nine months of 2022 and 2021.
Supplemental Cash Flow Information
Supplemental cash flow information related to the Company’s operating leases was as follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2022202120222021
Non-cash operating activity:
Leased assets obtained in exchange for new and amended operating lease liabilities (1)
$— $— $— $12,914 
(1)    Represents non-cash activity and, accordingly, is not reflected in the Condensed Consolidated Statements of Cash Flows. Amount includes noncash remeasurements of the operating lease ROU asset.
Future Minimum Undiscounted Lease Payments
The Company’s future minimum undiscounted lease payments under operating leases as of September 30, 2022 were as follows:
Operating Lease
Payments
2022$3,143 
202312,798 
202413,054 
202513,184 
202613,375 
Thereafter48,974 
Total lease payments$104,528 
Discount effect(20,967)
Present value of future minimum lease payments$83,561 
Weighted-average Remaining Lease Term and Discount Rate
The weighted-average remaining lease term and discount rate used in the calculation of the Company’s operating lease assets and liabilities were as follows:
Lease Term and Discount RateSeptember 30, 2022
Weighted-average remaining lease term (in years)7.93
Weighted-average discount rate5.42 %