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v3.22.2.2

Leases (Tables) | 9 Months Ended
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Sep. 30, 2022
Leases [Abstract] |
Schedule of Components of Lease Expense | The components of lease expense were as follows:
| Affected Line Item in the Statement of Income |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(dollars in thousands) |  | 2022 |  | 2021 |  | 2022 |  | 2021
Operating lease cost | Occupancy/Equipment expense |  | $ | 7,657 |  |  | $ | 2,995 |  |  | $ | 21,323 |  |  | $ | 9,388 |
Finance lease cost: |  |  |  |  |  |  |  |  |
Amortization of right-of-use assets | Occupancy expense |  | 680 |  |  | 593 |  |  | 2,003 |  |  | 1,714 |
Interest on lease liabilities | Interest expense |  | 105 |  |  | 108 |  |  | 315 |  |  | 323 |
Sub-lease income | Occupancy expense |  | (87) |  |  | (142) |  |  | (389) |  |  | (420) |
Total |  |  | $ | 8,355 |  |  | $ | 3,554 |  |  | $ | 23,252 |  |  | $ | 11,005 |
Schedule of Supplemental Balance Sheet Information Related to Leases | Supplemental balance sheet information related to leases was as follows:
(dollars in thousands) | September 30, 2022 |  | December 31, 2021
Operating Leases |  |  |
Operating lease right-of-use assets | $ | 187,626 |  |  | $ | 69,560 |
Operating lease liabilities | 207,725 |  |  | 76,236 |
Finance Leases |  |  |
Premises and equipment, net | 14,756 |  |  | 16,451 |
Other borrowings | 15,700 |  |  | 17,233 |
Weighted-Average Remaining Lease Term (in Years) |  |  |
Operating leases | 9.2 |  | 10.4
Finance leases | 7.1 |  | 7.6
Weighted-Average Discount Rate |  |  |
Operating leases | 2.91 | % |  | 3.34 | %
Finance leases | 3.14 | % |  | 3.02 | %
Schedule of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases was as follows:
| Nine Months Ended September 30,
(dollars in thousands) | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases | $ | 22,223 |  |  | $ | 10,692 |
Operating cash flows from finance leases | 315 |  |  | 323 |
Financing cash flows from finance leases | 1,839 |  |  | 1,492 |
Schedule of Maturity Analysis of Lease Liability by Lease Classification | The following table presents a maturity analysis of the Company’s lease liability by lease classification at September 30, 2022:
(dollars in thousands) | Operating Leases |  | Finance Leases
2022 | $ | 7,983 |  |  | $ | 736 |
2023 | 30,128 |  |  | 2,968 |
2024 | 28,717 |  |  | 3,018 |
2025 | 27,407 |  |  | 3,029 |
2026 | 26,405 |  |  | 1,790 |
Thereafter | 117,486 |  |  | 6,031 |
Total undiscounted lease payments | 238,126 |  |  | 17,572 |
Amounts representing interest | (30,401) |  |  | (1,872) |
Lease liability | $ | 207,725 |  |  | $ | 15,700 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
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