Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Schedule of Operating and Finance Lease Assets and Liabilities

The following table presents lease assets and liabilities as of June 30, 2019:

(Dollars in thousands)	Classification	June 30, 2019
Assets:
Operating	Other assets	$	81,534
Finance	Premises and equipment	8,098
Total leased assets		89,632
Liabilities:
Operating	Other liabilities	80,562
Finance	Other borrowings	7,459
Total lease liabilities		$	88,021

Schedule of Net Lease Cost

(Dollars in thousands)	Classification	Three months ended June 30, 2019			Six months ended June 30, 2019
Lease cost:
Operating lease cost (1)	Occupancy expense	$	3,581		$	6,785
Finance lease cost:
Amortization of leased assets	Equipment expense	446			893
Interest on lease liabilities	Interest expense - Other borrowings	62			127
Variable lease cost	Occupancy expense	724			1,252
Sublease income	Occupancy expense	(86		)	(216		)
Net lease cost		$	4,727		$	8,841
(1) Operating lease cost includes short-term lease cost, which is immaterial.

Schedule of Lease Liability Maturities

The following table presents lease liability maturities in the next five years and thereafter:

(Dollars in thousands)	Operating Leases		Finance Leases		Total
2019 (1)	$	7,267	$	870	$	8,137
2020	13,693		1,748		15,441
2021	12,129		1,764		13,893
2022	10,763		1,481		12,244
2023	8,908		599		9,507
Thereafter	42,606		1,683		44,289
Total lease payments	$	95,366	$	8,145	$	103,511
Less: Interest	14,804		686		15,490
Present value of lease liabilities	$	80,562	$	7,459	$	88,021
(1) Represents the lease liability payments that will be made for the period July 1, 2019 through December 31, 2019.

Schedule of Lease Liability Maturities

The following table presents lease liability maturities in the next five years and thereafter:

(Dollars in thousands)	Operating Leases		Finance Leases		Total
2019 (1)	$	7,267	$	870	$	8,137
2020	13,693		1,748		15,441
2021	12,129		1,764		13,893
2022	10,763		1,481		12,244
2023	8,908		599		9,507
Thereafter	42,606		1,683		44,289
Total lease payments	$	95,366	$	8,145	$	103,511
Less: Interest	14,804		686		15,490
Present value of lease liabilities	$	80,562	$	7,459	$	88,021
(1) Represents the lease liability payments that will be made for the period July 1, 2019 through December 31, 2019.

Schedule of Remaining Weighted Average Lease Terms and Discount Rates

The following table presents the remaining weighted average lease terms and discount rates as of June 30, 2019:

Weighted average remaining lease term (years):	June 30, 2019
Operating	9.7
Finance	5.2
Weighted average discount rate:
Operating	3.26	%
Finance	3.23

Schedule of Supplemental Cash Flow Information

The following table presents supplemental cash flow information related to leases for the six months ended June 30, 2019:

(Dollars in thousands)	June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	6,613
Operating cash flows from finance leases	127
Financing cash flows from finance leases	735
Right-of-use assets obtained in exchange for new operating lease liabilities	15,162
Right-of-use assets obtained in exchange for new finance lease liabilities	—