Premises and equipment (Tables)

12 Months Ended

Dec. 31, 2020

Property Plant And Equipment [Abstract]

Summary of Premises and Equipment

The detail of premises and equipment was as follows:

	December 31
	2020		2019
	(In thousands)
Land	$	94,929	$	96,118
Buildings		513,290		482,182
Leasehold improvements		302,246		262,438
Furniture and equipment — owned		807,701		739,724
Furniture and equipment — capital leases		8,630		14,232
		1,726,796		1,594,694
Less: accumulated depreciation and amortization
Owned assets		971,979		882,272
Capital leases		5,933		8,425
		977,912		890,697
Right of use assets — operating leases		412,674		436,927
Premises and equipment, net	$	1,161,558	$	1,140,924

Summary of Lease Costs for Operating Leases, Cash Paid Toward Lease Liabilities, and Weighted-Average Remaining Term and Discount Rates of Operating Leases

The following table presents information about the Company’s lease costs for operating leases recorded in the consolidated balance sheet, cash paid toward lease liabilities, and the weighted-average remaining term and discount rates of the operating leases.

	Year Ended December 31,
	2020			2019
	(Dollars in thousands)
Lease cost
Operating lease cost	$	104,158		$	100,669
Short-term lease cost		198			105
Variable lease cost		1,565			2,332
Total lease cost	$	105,921		$	103,106
Other information
Right-of-use assets obtained in exchange for      new operating lease liabilities	$	70,754		$	132,219
Cash paid toward lease liabilities		104,396			101,869
Weighted-average remaining lease term	7 years			7 years
Weighted-average discount rate		2.74	%		3.01	%

Summary of Minimum Lease Payments Under Noncancelable Operating Leases

Minimum lease payments under noncancelable operating leases are summarized in the following table.

	(In thousands)
Year ending December 31:
2021	$	105,445
2022		93,621
2023		75,698
2024		61,412
2025		46,023
Later years		130,475
Total lease payments		512,674
Less: imputed interest		45,354
Total	$	467,320