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Leasing (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Summary of Net Investments
The following table summarizes the components of the Company’s net investment in its sales-type and direct financing leases:
December 31,
(In thousands)20252024
Lease receivables$482,274$394,489
Unguaranteed residual values (1)
65,45263,014
Total net investment$547,726$457,503
(1)The Company performs quarterly reviews of residual values associated with its equipment finance leasing portfolio considering factors such as the subject equipment, structure of the transaction, industry, prior experience with the lessee, and other factors that may impact the residual value to assess for impairment.
Summary of Net Investment Maturity
The following table reconciles undiscounted future lease payments to the total sales-type and direct financing leases’ net investment:
(In thousands)December 31, 2025
2026$168,284
2027119,080
2028109,704
202970,740
203042,181
Thereafter111,104
Total lease payments receivable621,093
Present value adjustment(73,367)
Total net investment$547,726
Schedule of Components of Leveraged Lease Investments
The following table summarizes the Company’s ROU lease assets and operating lease liabilities:
December 31,
(In thousands)Consolidated Balance Sheet Line Item20252024
ROU lease assets, netPremises and equipment, net$176,672$163,827
Operating lease liabilitiesAccrued expenses and other liabilities202,742193,188
Summary of Operating Lease Expense and Other
The following table summarizes the components of operating lease expense and other relevant information:
Years ended December 31,
(Dollars in thousands)202520242023
Lease Cost:
Operating lease cost$37,430$36,235$33,880
Variable lease cost6,9704,8804,617
Sublease income(745)(909)(223)
Total operating lease expense$43,655$40,206$38,274
Other Information:
Cash paid for amounts included in the measurement of operating lease liabilities$40,937$36,080$37,615
ROU lease assets obtained in exchange for operating lease liabilities (1)
42,61110,44422,989
Weighted-average remaining lease term (in years)7.417.087.46
Weighted-average discount rate3.86  %3.20  %2.96  %
(1)Excludes $0.5 million of ROU lease assets acquired from Ametros for the year ended December 31, 2024.
Summary of Undiscounted Future Lease Payments
The following table reconciles undiscounted future lease payments to total operating lease liabilities:
(In thousands)December 31, 2025
2026$36,360
202737,005
202835,087
202930,784
203024,235
Thereafter75,419
Total operating lease payments238,890
Present value adjustment(36,148)
Total operating lease liabilities$202,742