LEASES (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Lease, Cost

The following table provides information regarding the Company's leases as of the dates indicated:

	Three Months Ended March 31,
	2021		2020
Components of lease expense:
Operating lease cost (resulting from lease payments)	$	3,151	$	2,730
Supplemental cash flow information related to leases:
Operating cash flows from operating leases	$	3,280	$	2,082
ROU assets obtained in the exchange for lease liabilities due to:
New leases	$	803	$	—
Acquisitions	$	—	$	311
	March 31, 2021		December 31, 2020
Supplemental balance sheet information related to leases:
Operating lease ROU assets	$	64,455	$	65,215
Operating lease liabilities	$	74,219	$	74,982
Other information related to leases:
Weighted average remaining lease term of operating leases	9.4 years		9.5 years
Weighted average discount rate of operating leases	2.97%		3.04%

Maturities of operating lease liabilities

At March 31, 2021, the maturities of the Company’s operating lease liabilities were as follows:

 

(In thousands)	Amount
Maturity:
Remaining 2021	$	9,346
2022	11,068
2023	11,054
2024	9,251
2025	7,537
Thereafter	38,522
Total undiscounted lease payments	86,778
Less: Present value discount	(12,559)
Lease liability	$	74,219