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Lease Commitments (Tables)
12 Months Ended
Dec. 31, 2020
Leases  
Schedule of information pertaining to operating leases

(Dollars in thousands)

Year Ended December 31,

 

 

2020

    

2019

    

 

Lease Cost Components:

Amortization of ROU assets - finance leases

$

289

$

Interest on lease liabilities - finance leases

44

Operating lease cost (cost resulting from lease payments)

14,266

8,804

Short-term lease cost

404

494

Variable lease cost (cost excluded from lease payments)

 

1,081

 

430

Total lease cost

$

16,084

$

9,728

Supplemental Cash Flow and Other Information Related to Leases:

Finance lease - operating cash flows

$

42

$

Finance lease - financing cash flows

255

Operating lease - operating cash flows (fixed payments)

 

12,876

 

7,725

Operating lease - operating cash flows (net change asset/liability)

(9,123)

1,457

New ROU assets - operating leases

43,583

10,239

New ROU assets - finance leases

5,374

Weighted - average remaining lease term (years) - finance leases

7.40

Weighted - average remaining lease term (years) - operating leases

 

11.51

 

14.14

Weighted - average discount rate - finance leases

1.7%

Weighted - average discount rate - operating leases

 

3.3%

 

3.9%

Operating lease payments due:

2021

$

15,753

 

2022

 

14,508

 

2023

 

13,482

 

2024

 

12,212

 

2025

10,747

Thereafter

 

78,711

Total undiscounted cash flows

 

145,413

Discount on cash flows

(27,092)

Total operating lease liabilities

$

118,321