Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Lease, Cost and Cash Flows

Operating lease costs and cash flows resulting from operating lease are presented below:

($ in Thousands)	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Operating Lease Costs	$	2,708	$	8,502
Operating Lease Cash Flows	2,968		8,538

Components of lease expense

The lease classifications on the consolidated balance sheets were as follows:

	September 30, 2019
($ in Thousands)	Amount		Consolidated Balance Sheets Category
Operating lease right-of-use asset	$	48,127	Premises and equipment
Finance lease right-of-use asset	—		Other assets
Operating lease liability	52,011		Accrued expenses and other liabilities
Finance lease liability	—		Other long-term funding

Operating lease information

The lease payment obligations, weighted-average remaining lease term, and weighted-average discount rate were as follows:

	September 30, 2019
($ in Thousands)	Lease payments		Weighted-average lease term (in years)	Weighted-average discount rate
Operating leases
Equipment	$	66	1.08	2.72	%
Retail and corporate offices	54,202		6.63	3.36	%
Land	6,425		12.11	3.34	%
Total operating leases	$	60,693	7.40	3.36	%

Amortization of operating lease liabilities

Lease payment obligations for each of the next five years and thereafter, in addition to a reconciliation to the Corporation’s lease liability, were as follows:

($ in Thousands)	Amount
Three Months Ending December 31, 2019	$	4,070
2020	10,520
2021	9,828
2022	7,578
2023	5,450
Beyond 2023	23,248
Total lease payments	60,693
Less: interest	8,682
Present value of lease payments	$	52,011