XML 37 R25.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Leases | 12 Months Ended
--- | ---
Dec. 31, 2021
Leases [Abstract] |
Leases | 16. Leases ​ ​ The Company has 28 operating leases for branches (including the corporate headquarters) and office spaces, 10 operating leases for vehicles, and one operating lease for equipment. Additionally, one of our leased locations is subleased. Our leases have remaining lease terms ranging from one month to approximately 15 years, none of which has a renewal option reasonably certain of exercise, which has been reflected in the Company’s calculation of lease term. ​ Supplemental balance sheet information related to leases was as follows: ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(Dollars in thousands) | ​ | December 31, 2021 | ​ | December 31, 2020
​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease ROU assets | ​ | $ | 50,200 | ​ | $ | 50,743
​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease liabilities | ​ | $ | 54,155 | ​ | $ | 59,100
​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average remaining lease term-operating leases | ​ | ​ | 7.4 years | ​ | ​ | 8.3 years
Weighted average discount rate-operating leases | ​ | ​ | 3.1% | ​ | ​ | 3.2%
​ ​ ​ The components of lease expense and cash flow information related to leases were as follows: ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year ended
(Dollars in thousands) | ​ | December 31, 2021 | ​ | December 31, 2020 | ​ | December 31, 2019
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Lease Cost | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease cost | ​ | $ | 8,689 | ​ | $ | 7,725 | ​ | $ | 7,575
Short-term lease cost | ​ | ​ | 164 | ​ | ​ | 139 | ​ | ​ | 136
Variable lease cost | ​ | ​ | 1,065 | ​ | ​ | 1,128 | ​ | ​ | 1,020
Total lease cost | ​ | $ | 9,918 | ​ | $ | 8,992 | ​ | $ | 8,731
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other information | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash paid for amounts included in the measurement of lease liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating cash flows from operating leases | ​ | $ | 12,811 | ​ | $ | 8,316 | ​ | $ | 8,051
Right-of-use assets obtained in exchange for new operating lease liabilities | ​ | $ | 6,570 | ​ | $ | 5,484 | ​ | $ | 1,576
Right-of-use assets obtained in acquisition | ​ | $ | — | ​ | $ | 9,993 | ​ | $ | —
​ ​ ​ The Company’s minimum annual rental payments at December 31, 2021 for Bank facilities due under non-cancelable leases are as follows: ​
​ | ​ | ​ | ​
​ | ​ | Minimum Rental
​ | ​ | (In thousands)
Years ended December 31: | ​ | ​ | ​
2022 | ​ | $ | 9,129
2023 | ​ | ​ | 9,488
2024 | ​ | ​ | 9,322
2025 | ​ | ​ | 8,660
2026 | ​ | ​ | 7,769
Thereafter | ​ | ​ | 16,277
Total minimum payments required | ​ | ​ | 60,645
Less: implied interest | ​ | ​ | 6,490
Total lease obligations | ​ | $ | 54,155
​ ​ ​

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration