Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Schedule of Operating and Finance Lease Assets and Liabilities

The following table presents lease assets and liabilities as of December 31, 2020 and 2019:

(Dollars in thousands)	Classification	December 31, 2020		December 31, 2019
Assets:
Operating	Other assets	$	68,048	$	77,115
Finance	Premises and equipment	6,478		8,820
Total leased assets		$	74,526	$	85,935
Liabilities:
Operating	Other liabilities	$	68,343	$	76,746
Finance	Other borrowings	6,308		8,230
Total lease liabilities		$	74,651	$	84,976

The following table presents the remaining weighted average lease terms and discount rates as of December 31, 2020:

Weighted average remaining lease term (years):	December 31, 2020
Operating	9.2
Finance	4.0
Weighted average discount rate:
Operating	3.14	%
Finance	3.08

Schedule of Net Lease Cost

(Dollars in thousands)	Classification	2020		2019
Lease cost:
Operating lease cost (1)	Occupancy expense	$	15,023	$	16,094
Finance lease cost:
Amortization of leased assets	Equipment expense	2,168		1,975
Interest on lease liabilities	Interest expense - Other borrowings	220		259
Variable lease cost	Occupancy expense	3,231		2,394
Sublease income	Occupancy expense	(350)		(390)
Net lease cost		$	20,292	$	20,332
(1) Operating lease cost includes short-term lease cost, which is immaterial.

The following table presents supplemental cash flow information related to leases for the years ended December 31, 2020 and 2019:

	Year ended December 31
(Dollars in thousands)	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	14,237	$	15,703
Operating cash flows from finance leases	220		259
Financing cash flows from finance leases	1,922		1,850
Right-of-use assets obtained in exchange for new operating lease liabilities	4,595		17,837
Right-of-use assets obtained in exchange for new finance lease liabilities	—		1,886

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	$	12,865	$	2,159	$	15,024
2021	11,757		1,876		13,633
2022	9,980		993		10,973
2023	8,146		617		8,763
2024	5,223		635		5,858
Thereafter	32,045		431		32,476
Total lease payments	$	80,016	$	6,711	$	86,727
Less: Interest	11,673		403		12,076
Present value of lease liabilities	$	68,343	$	6,308	$	74,651

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	$	12,865	$	2,159	$	15,024
2021	11,757		1,876		13,633
2022	9,980		993		10,973
2023	8,146		617		8,763
2024	5,223		635		5,858
Thereafter	32,045		431		32,476
Total lease payments	$	80,016	$	6,711	$	86,727
Less: Interest	11,673		403		12,076
Present value of lease liabilities	$	68,343	$	6,308	$	74,651