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Premises and Equipment (Tables)
12 Months Ended
Dec. 31, 2020
Property Plant And Equipment [Abstract]  
Schedule of Premises and Equipment

Premises and equipment include:

 

 

 

December 31,

 

(in thousands)

 

2020

 

 

2019

 

Land and improvements

 

$

62,131

 

 

$

66,609

 

Buildings and improvements

 

 

224,942

 

 

 

221,139

 

Furniture and equipment

 

 

106,501

 

 

 

102,171

 

Total cost

 

 

393,574

 

 

 

389,919

 

Accumulated depreciation and amortization

 

 

(200,214

)

 

 

(187,437

)

Right of use assets

 

 

56,061

 

 

 

58,532

 

Total premises and equipment, net

 

$

249,421

 

 

$

261,014

 

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, 2020 are as follows (in thousands):

 

Year

 

Operating Leases

 

Finance Leases

 

Total

 

2021

 

$

6,358

 

$

855

 

$

7,213

 

2022

 

 

5,566

 

 

873

 

 

6,439

 

2023

 

 

5,010

 

 

885

 

 

5,895

 

2024

 

 

4,526

 

 

890

 

 

5,416

 

2025

 

 

4,365

 

 

861

 

 

5,226

 

2026 and thereafter

 

 

45,676

 

 

3,778

 

 

49,454

 

Total lease payments

 

$

71,501

 

$

8,142

 

$

79,643

 

Less: capitalized interest

 

 

(15,465

)

 

(2,962

)

 

(18,427

)

Present value of lease liabilities

 

$

56,036

 

$

5,180

 

$

61,216