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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Summary of supplemental balance sheet information related to leases

    

    

 

 

(Dollars in thousands)

March 31, 2020

December 31, 2019

Operating lease ROU assets

$

39,729

$

41,254

Operating lease liabilities

$

47,726

$

49,367

Weighted-average remaining lease term-operating leases

 

7.4 years

 

8.0 years

Weighted average discount rate-operating leases

 

3.8

%  

 

3.8

%

Components of lease expense and cash flow information related to leases

 

For the three months ended

(Dollars in thousands)

March 31, 2020

March 31, 2019

Lease Cost

 

  

 

  

Operating lease cost

$

1,885

$

1,892

Short-term lease cost

 

34

 

34

Variable lease cost

 

264

 

246

Total lease cost

$

2,183

$

2,172

Other information

 

  

 

  

Cash paid for amounts included in the measurement of lease liabilities

 

  

 

  

Operating cash flows from operating leases

$

1,982

$

2,025

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

$

23

$

21

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

Minimum Rental

(In thousands)

Years ended December 31:

2020

$

6,004

2021

7,680

2022

7,265

2023

7,398

2024

7,425

Thereafter

19,148

Total minimum payments required

54,920

Less: implied interest

7,194

Total lease obligations

$

47,726