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Leases (Tables)
3 Months Ended
Mar. 31, 2023
Leases  
Summary of supplemental balance sheet information related to leases

(Dollars in thousands)

March 31, 2023

December 31, 2022

Operating lease ROU asset

$

42,268

$

43,289

Operating lease liability

$

45,353

$

46,125

Weighted-average remaining lease term-operating leases

 

6.6 years

6.6 years

Weighted average discount rate-operating leases

 

3.1

%  

2.9

%  

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

For the three months ended,

(Dollars in thousands)

Line Item Presented

March 31, 2023

March 31, 2022

Lease Cost

 

  

 

  

Operating lease cost

Occupancy and equipment

$

2,299

$

2,097

Operating lease cost

Other operating expenses

23

24

Short-term lease cost

Professional services and occupancy and equipment

 

56

 

61

Variable lease cost

Occupancy and equipment

 

281

 

200

Total lease cost

$

2,659

$

2,382

Other information

 

  

 

  

Cash paid for amounts included in the measurement of lease liabilities:

 

  

Operating cash flows from operating leases

$

2,394

$

2,426

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

$

846

$

47

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

Minimum Rental

(In thousands)

Years ended December 31:

2023

$

7,636

2024

9,379

2025

8,705

2026

7,806

2027

3,711

Thereafter

12,814

Total minimum payments required

50,051

Less: implied interest

4,698

Total lease obligations

$

45,353