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Leases (Tables) | 3 Months Ended
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Mar. 31, 2025
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 March 31,
(dollars in thousands) |  |  |  |  |  | 2025 |  | 2024
Operating lease cost | Occupancy/Equipment expense |  |  |  |  |  | $ | 8,199 |  |  | $ | 7,826 |
Finance lease cost: |  |  |  |  |  |  |  |  |
Amortization of right-of-use assets | Occupancy expense |  |  |  |  |  | 2,270 |  |  | 751 |
Interest on lease liabilities | Interest expense |  |  |  |  |  | 229 |  |  | 181 |
Sub-lease income | Occupancy expense |  |  |  |  |  | (83) |  |  | (125) |
Total |  |  |  |  |  |  | $ | 10,615 |  |  | $ | 8,633 |
Schedule of Supplemental Balance Sheet Information Related to Leases | Supplemental balance sheet information related to leases was as follows:
(dollars in thousands) | March 31, 2025 |  | December 31, 2024
Operating Leases |  |  |
Operating lease right-of-use assets | $ | 176,826 |  |  | $ | 181,920 |
Operating lease liabilities | 194,529 |  |  | 200,068 |
Finance Leases |  |  |
Premises and equipment, net | 21,766 |  |  | 23,205 |
Other borrowings | 23,440 |  |  | 24,822 |
Weighted-Average Remaining Lease Term (in Years) |  |  |
Operating leases | 7.7 |  | 7.8
Finance leases | 8.3 |  | 7.8
Weighted-Average Discount Rate |  |  |
Operating leases | 3.15 | % |  | 3.14 | %
Finance leases | 4.03 | % |  | 3.96 | %
Schedule of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases was as follows:
| Three Months Ended March 31,
(dollars in thousands) | 2025 |  | 2024
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases | $ | 8,645 |  |  | $ | 8,005 |
Operating cash flows from finance leases | 229 |  |  | 181 |
Financing cash flows from finance leases | 2,213 |  |  | 655 |
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 March 31, 2025:
(dollars in thousands) | Operating Leases |  | Finance Leases
2025 | $ | 25,902 |  |  | $ | 6,796 |
2026 | 34,128 |  |  | 2,619 |
2027 | 32,398 |  |  | 2,656 |
2028 | 28,384 |  |  | 2,339 |
2029 | 26,073 |  |  | 1,498 |
Thereafter | 73,146 |  |  | 11,979 |
Total undiscounted lease payments | 220,031 |  |  | 27,887 |
Amounts representing interest | (25,502) |  |  | (4,447) |
Lease liability | $ | 194,529 |  |  | $ | 23,440 |

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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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