XML 48 R38.htm IDEA: XBRL DOCUMENT v3.24.0.1
Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Premises and Equipment

Premises and equipment include:

 

 

December 31,

 

(in thousands)

 

2023

 

 

2022

 

Land and improvements

 

$

55,674

 

 

$

57,817

 

Buildings and improvements

 

 

209,573

 

 

 

216,593

 

Furniture and equipment

 

 

115,162

 

 

 

111,259

 

Total cost

 

 

380,409

 

 

 

385,669

 

Accumulated depreciation and amortization

 

 

(218,022

)

 

 

(212,733

)

Right of use assets

 

 

71,184

 

 

 

47,956

 

Total premises and equipment, net

 

$

233,571

 

 

$

220,892

 

Future Minimum Lease Payments Under Non-cancellable Leases

Future minimum lease payments under non-cancellable leases with initial or remaining lease terms in excess of one year at December 31, 2023 are as follows (in thousands):

Year

 

Operating Leases

 

Finance Leases

 

Total

 

2024

 

$

5,299

 

$

4,954

 

$

10,253

 

2025

 

 

5,082

 

 

4,930

 

 

10,012

 

2026

 

 

4,983

 

 

4,885

 

 

9,868

 

2027

 

 

4,497

 

 

4,641

 

 

9,138

 

2028

 

 

3,930

 

 

4,614

 

 

8,544

 

2029 and thereafter

 

 

35,518

 

 

13,929

 

 

49,447

 

Total lease payments

 

$

59,309

 

$

37,953

 

$

97,262

 

Less: capitalized interest

 

 

(13,053

)

 

(8,949

)

 

(22,002

)

Present value of lease liabilities

 

$

46,256

 

$

29,004

 

$

75,260