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Leases | 3 Months Ended
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Mar. 31, 2020
Leases |
Leases | Note 8 — Leases ​ As of March 31, 2020, we had operating ROU assets of $86.4 million and operating lease liabilities of $88.2 million. We maintain operating leases on land and buildings for our operating centers, branch facilities and ATM locations. Most leases include one or more options to renew, with renewal terms extending up to 24 years. The exercise of renewal options is based on the sole judgment of management and what they consider to be reasonably certain given the environment today. Factors in determining whether an option is reasonably certain of exercise include, but are not limited to, the value of leasehold improvements, the value of renewal rate compared to market rates, and the presence of factors that would cause a significant economic penalty to us if the option is not exercised. Leases with an initial term of 2 months or less are not recorded on the balance sheet and instead are recognized in lease expense on a straight-line basis over the lease term. We do not sublease any portion of these locations to third parties. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | ​
(Dollars in thousands) | ​ | March 31, |  | ​
​ |  | 2020 | 2019 |  |
Lease Expense Components: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease expense | ​ | $ | 2,258 | ​ | $ | 2,146 | ​ | ​
Short-term lease expense | ​ | ​ | 98 | ​ | ​ | 144 | ​ | ​
Variable term leased expense | ​ |  | 166 | ​ |  | 69 | ​ | ​
Total lease expense | ​ | $ | 2,522 | ​ | $ | 2,359 | ​ | ​
Supplemental Cash Flow and Other Information Related to Leases: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash paid for amounts included in the measurement of lease liabilities - operating leases | ​ | $ | 1,672 | ​ | $ | 1,890 | ​ | ​
Initial ROU assets recorded in exchange for new lease liabilities - operating leases | ​ | $ | 458 | ​ | $ | 1,956 | ​ | ​
Weighted - average remaining lease term (years) - operating leases | ​ |  | 13.92 | ​ |  | 14.33 | ​ | ​
Weighted - average discount rate - operating leases | ​ |  | 3.9% | ​ |  | 4.0% | ​ | ​
​ | ​ |  | ​ | ​ |  | ​ | ​ | ​
Supplemental Balance Sheet Information Related to Leases | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease ROU assets (premises and equipment) | ​ | $ | 86,437 | ​ | $ | 82,787 | ​ | ​
Operating lease liabilities (other liabilities) | ​ | $ | 88,163 | ​ | $ | 83,043 | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Maturity Analysis of Lease Liabilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Year Ending December 31, | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2020 (excluding the three months ended March 31, 2020) | ​ | $ | 6,132 | ​ |  | ​ | ​ | ​
2021 | ​ | ​ | 8,276 | ​ |  | ​ | ​ | ​
2022 | ​ | ​ | 8,392 | ​ |  | ​ | ​ | ​
2023 | ​ | ​ | 8,466 | ​ |  | ​ | ​ | ​
2024 | ​ | ​ | 8,026 | ​ | ​ | ​ | ​ | ​
Thereafter | ​ | ​ | 76,498 | ​ |  | ​ | ​ | ​
Total | ​ | ​ | 115,790 | ​ |  | ​ | ​ | ​
Less: Imputed Interest | ​ | ​ | (27,627) | ​ | ​ | ​ | ​ | ​
Lease Liability | ​ | $ | 88,163 | ​ |  | ​ | ​ | ​
​ ​ As of March 31, 2020, we did not maintain any finance leases, leases with related parties, and we determined that the number and dollar amount of our equipment leases was immaterial. As of March 31, 2020, we have $5.0 million in additional operating leases that have not yet commenced from an amendment to a current lease. The amendment to this operating lease will commence in the third or fourth quarter of 2020 with a lease term of 15 years.

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- 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
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