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BRANCH RESTRUCTURING
9 Months Ended
Sep. 30, 2022
BRANCH RESTRUCTURING  
BRANCH RESTRUCTURING

19. BRANCH RESTRUCTURING

On June 29, 2021, the Company announced that the Bank planned to combine five branch locations into other existing branches. The combinations took place in October 2021. Costs associated with early lease terminations and accelerated depreciation of fixed assets totaled $4.5 million and $6.2 million for the three and nine months ended September 30, 2021, and were recorded in branch restructuring in the consolidated statements of income.  There were no branch restructuring costs for the three or nine months ended September 30, 2022.