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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Lessee Disclosure [Abstract] |
Schedule of Components of Lease Expense | The components of lease expense were as follows:
| Affected Line Item in the Statement of Income | Years Ended December 31,
(dollars in thousands) | 2023 |  | 2022 |  | 2021
Operating lease cost | Occupancy/Equipment expense | $ | 31,175 |  |  | $ | 29,368 |  |  | $ | 12,336 |
Finance lease cost: |  |  |  |  |  |
Amortization of right-of-use assets | Occupancy expense | 2,921 |  |  | 2,672 |  |  | 2,356 |
Interest on lease liabilities | Interest expense | 722 |  |  | 415 |  |  | 431 |
Sub-lease income | Occupancy expense | (387) |  |  | (448) |  |  | (438) |
Total |  | $ | 34,431 |  |  | $ | 32,007 |  |  | $ | 14,685 |
Schedule of Supplemental Balance Sheet Information Related to Leases | Supplemental balance sheet information related to leases was as follows:
| December 31,
(dollars in thousands) | 2023 |  | 2022
Operating Leases |  |  |
Operating lease right-of-use assets | $ | 185,506 |  |  | $ | 189,714 |
Operating lease liabilities | 204,960 |  |  | 211,964 |
Finance Leases |  |  |
Premises and equipment, net | 19,820 |  |  | 10,799 |
Other borrowings | 20,955 |  |  | 13,469 |
Weighted-Average Remaining Lease Term (in Years) |  |  |
Operating leases | 8.5 |  | 9.1
Finance leases | 10.5 |  | 7.2
Weighted-Average Discount Rate |  |  |
Operating leases | 3.04 | % |  | 2.88 | %
Finance leases | 3.90 | % |  | 3.30 | %
Schedule of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases was as follows:
| Years Ended December 31,
(dollars in thousands) | 2023 |  | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |
Operating cash flows from operating leases | $ | 31,720 |  |  | $ | 30,340 |  |  | $ | 13,823 |
Operating cash flows from finance leases | 722 |  |  | 415 |  |  | 431 |
Financing cash flows from finance leases | 2,533 |  |  | 2,475 |  |  | 2,057 |
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 December 31, 2023:
(dollars in thousands) | Operating Leases |  | Finance Leases
2024 | $ | 31,199 |  |  | $ | 3,357 |
2025 | 30,703 |  |  | 3,380 |
2026 | 29,972 |  |  | 2,154 |
2027 | 29,038 |  |  | 2,158 |
2028 | 25,392 |  |  | 2,056 |
Thereafter | 87,940 |  |  | 12,752 |
Total undiscounted lease payments | 234,244 |  |  | 25,857 |
Amounts representing interest | (29,284) |  |  | (4,902) |
Lease liability | $ | 204,960 |  |  | $ | 20,955 |

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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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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