Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Schedule of Components of Equipment Finance Assets

The components of Equipment Finance assets are as follows:

	September 30, 2023		December 31, 2022
Lease receivables	$	103,750	$	137,969
Unguaranteed residual asset values	33,264		39,262
Unearned income	(12,397)		(17,786)
Deferred fees	672		874
Total	$	125,289	$	160,319

Schedule of 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, 2023 were as follows:

2023	$	15,167
2024	35,355
2025	27,288
2026	16,796
2027	7,447
Thereafter	5,538
Total lease payments	$	107,591
Discount effect	(3,841)
Present value of future minimum lease payments	$	103,750

Schedule of Supplemental Balance Sheet Information

Balance sheet information related to leases was as follows:

ROU Assets and Lease Liabilities	Balance Sheet Classification	September 30, 2023		December 31, 2022
Operating lease assets	Other assets	$	53,510	$	63,872
Operating lease liabilities	Other liabilities	$	65,747	$	77,291

Schedule of Lease Costs

Components of net lease costs were as follows:

		Three Months Ended September 30,				Nine Months Ended September 30,
Net Lease Costs	Income Statement Classification	2023		2022		2023		2022
Operating lease costs	Occupancy	$	(3,114)	$	(3,195)	$	(9,376)	$	(12,041)
Sublease revenue	Other non-interest income	—		—		—		2,847
Net lease costs		$	(3,114)	$	(3,195)	$	(9,376)	$	(9,194)

Schedule of 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,
	2023		2022		2023		2022
Non-cash operating activity:
Leased assets obtained or adjusted in exchange for new, amended, and modified operating lease liabilities	$	—	$	—	$	(4,664)	$	—

Schedule of Future Minimum Undiscounted Lease Payments

The Company’s future minimum undiscounted lease payments under operating leases as of September 30, 2023 were as follows:

	Operating Lease Payments
2023	$	3,220
2024	12,798
2025	13,129
2026	11,710
2027	10,987
Thereafter	27,238
Total lease payments	$	79,082
Discount effect	(13,335)
Present value of future minimum lease payments	$	65,747

Schedule of 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 Rate	September 30, 2023
Weighted-average remaining lease term (in years)	6.49
Weighted-average discount rate	5.40	%