XML 118 R46.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases (Tables)
12 Months Ended
Dec. 31, 2019
Lessee Disclosure [Abstract]  
Schedule of Components of Lease Expense

The components of lease expense were as follows:

 

 

Affected Line

 

 

 

 

 

Item in the

 

Year Ended

 

(dollars in thousands)

Statement of Income

 

December 31, 2019

 

Operating lease cost

occupancy/equipment expense

 

$

17,001

 

Finance lease cost:

 

 

 

 

 

Amortization of right-of-use assets

occupancy expense

 

 

651

 

Interest on lease liabilities

interest expense

 

 

320

 

Short-term lease cost

occupancy expense

 

 

6

 

Sub-lease income

occupancy expense

 

 

(703

)

Total

 

 

$

17,275

 

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

 

(dollars in thousands)

 

December 31, 2019

 

 

Operating Leases

 

 

 

 

 

Operating lease right-of-use assets

 

$

95,477

 

 

Operating lease liabilities

 

 

99,500

 

 

 

 

 

 

 

 

Finance Leases

 

 

 

 

 

Premises and equipment, net

 

 

7,170

 

 

Other borrowings

 

 

7,406

 

 

 

 

 

 

 

 

Weighted-Average Remaining Lease Term (in Years)

 

 

 

 

 

Operating leases

 

 

10.6

 

 

Finance leases

 

 

11.3

 

 

 

 

 

 

 

 

Weighted-Average Discount Rate

 

 

 

 

 

Operating leases

 

 

3.45

 

%

Finance leases

 

 

4.43

 

%

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

 

 

 

Year Ended

 

(dollars in thousands)

 

December 31, 2019

 

Cash paid for amounts included in the measurement of

   lease liabilities:

 

 

 

 

Operating cash flows from operating leases

 

$

17,493

 

Operating cash flows from finance leases

 

 

320

 

Financing cash flows from finance leases

 

 

465

 

Schedule of Maturity Analysis of Lease Liability by Lease Classification

The following table presents a maturity analysis of the Company’s lease liability by lease classification at December 31, 2019:

 

 

 

Operating

 

 

Finance

 

(dollars in thousands)

 

Leases

 

 

Leases

 

2020

 

$

16,449

 

 

$

803

 

2021

 

 

15,470

 

 

 

809

 

2022

 

 

13,906

 

 

 

815

 

2023

 

 

9,216

 

 

 

830

 

2024

 

 

8,039

 

 

 

858

 

Thereafter

 

 

56,818

 

 

 

5,374

 

Total undiscounted lease payments

 

 

119,898

 

 

 

9,489

 

Amounts representing interest

 

 

(20,398

)

 

 

(2,083

)

Lease liability

 

$

99,500

 

 

$

7,406

 

Schedule of Maturity Analysis of Tenant Leases

The following table presents a maturity analysis of the Company’s tenant leases at December 31, 2019:

 

 

 

Tenant

 

(dollars in thousands)

 

Leases

 

2020

 

$

2,571

 

2021

 

 

2,273

 

2022

 

 

1,908

 

2023

 

 

1,506

 

2024

 

 

1,385

 

Thereafter

 

 

2,509

 

Total undiscounted lease payments

 

$

12,152