XML 43 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Summary of supplemental balance sheet information related to leases

    

    

 

 

(Dollars in thousands)

June 30, 2020

December 31, 2019

Operating lease ROU assets

$

38,303

$

41,254

Operating lease liabilities

$

45,897

$

49,367

Weighted-average remaining lease term-operating leases

 

7.2 years

 

8.0 years

Weighted average discount rate-operating leases

 

3.8

%  

 

3.8

%

Schedule of components of lease expense and cash flow information related to leases

 

For the three months ended

(Dollars in thousands)

June 30, 2020

June 30, 2019

Lease Cost

 

  

 

  

Operating lease cost

$

1,897

$

1,893

Short-term lease cost

 

34

 

34

Variable lease cost

 

287

 

244

Total lease cost

$

2,218

$

2,171

Other information

 

  

 

  

Cash paid for amounts included in the measurement of lease liabilities

 

  

 

  

Operating cash flows from operating leases

$

2,200

$

2,025

Right-of-use assets obtained in exchange for new operating lease liabilities

$

27

$

21

 

For the six months ended

(Dollars in thousands)

June 30, 2020

June 30, 2019

Lease Cost

 

  

 

  

Operating lease cost

$

3,782

$

3,785

Short-term lease cost

 

68

 

68

Variable lease cost

 

552

 

423

Total lease cost

$

4,402

$

4,276

Other information

 

  

 

  

Cash paid for amounts included in the measurement of lease liabilities

 

  

 

  

Operating cash flows from operating leases

$

4,182

$

4,050

Right-of-use assets obtained in exchange for new operating lease liabilities

$

50

$

42

Schedule of Minimum annual rental payments for Bank facilities due under non-cancelable leases

Minimum Rental

(In thousands)

Years ended December 31:

2020

$

3,717

2021

7,687

2022

7,272

2023

7,400

2024

7,425

Thereafter

19,148

Total minimum payments required

52,649

Less: Implied interest

6,752

Total lease obligations

$

45,897