Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Operating and Finance Lease Assets and Liabilities

The following table presents the remaining weighted average lease terms and discount rates as of December 31, 2019:

Weighted average remaining lease term (years):	December 31, 2019
Operating	10.2
Finance	4.7
Weighted average discount rate:
Operating	3.23	%
Finance	3.06

The following table presents lease assets and liabilities as of December 31, 2019:

(Dollars in thousands)	Classification	December 31, 2019
Assets:
Operating	Other assets	$	77,115
Finance	Premises and equipment	8,820
Total leased assets		$	85,935
Liabilities:
Operating	Other liabilities	$	76,746
Finance	Other borrowings	8,230
Total lease liabilities		$	84,976

Schedule of Net Lease Cost

The following table presents supplemental cash flow information related to leases for the year ended December 31, 2019:

(Dollars in thousands)	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	15,703
Operating cash flows from finance leases	259
Financing cash flows from finance leases	1,850
Right-of-use assets obtained in exchange for new operating lease liabilities	17,837
Right-of-use assets obtained in exchange for new finance lease liabilities	1,886

(Dollars in thousands)	Classification	2019
Lease cost:
Operating lease cost (1)	Occupancy expense	$	16,094
Finance lease cost:
Amortization of leased assets	Equipment expense	1,975
Interest on lease liabilities	Interest expense - Other borrowings	259
Variable lease cost	Occupancy expense	2,394
Sublease income	Occupancy expense	(390		)
Net lease cost		$	20,332
(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
2020	$	14,257	$	2,142	$	16,399
2021	12,688		2,159		14,847
2022	11,261		1,876		13,137
2023	9,340		993		10,333
2024	7,379		617		7,996
Thereafter	36,653		1,066		37,719
Total lease payments	$	91,578	$	8,853	$	100,431
Less: Interest	14,832		623		15,455
Present value of lease liabilities	$	76,746	$	8,230	$	84,976

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
2020	$	14,257	$	2,142	$	16,399
2021	12,688		2,159		14,847
2022	11,261		1,876		13,137
2023	9,340		993		10,333
2024	7,379		617		7,996
Thereafter	36,653		1,066		37,719
Total lease payments	$	91,578	$	8,853	$	100,431
Less: Interest	14,832		623		15,455
Present value of lease liabilities	$	76,746	$	8,230	$	84,976