Leases (Tables)

12 Months Ended

Dec. 31, 2025

The components of lease expense were as follows:


	Affected Line Item in the Statement of Income	Years Ended December 31,
(dollars in thousands)		2025		2024		2023
Operating lease cost	Occupancy/Equipment expense	$	36,100	$	32,603	$	31,175
Finance lease cost:
Amortization of right-of-use assets	Occupancy expense	9,235		6,688		2,921
Interest on lease liabilities	Interest expense	901		1,039		722

Sub-lease income	Occupancy expense	(355)		(446)		(387)
Total		$	45,881	$	39,884	$	34,431

Supplemental balance sheet information related to leases was as follows:


	December 31,
(dollars in thousands)	2025			2024
Operating Leases
Operating lease right-of-use assets	$	209,327		$	181,920
Operating lease liabilities	226,624			200,068

Finance Leases
Premises and equipment, net	23,950			23,205
Other borrowings	25,798			24,822

Weighted-Average Remaining Lease Term (in Years)
Operating leases	8.7			7.8
Finance leases	7.0			7.8

Weighted-Average Discount Rate
Operating leases	3.72		%	3.14		%
Finance leases	4.04		%	3.96		%

Supplemental cash flow information related to leases was as follows:


	Years Ended December 31,
(dollars in thousands)	2025		2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	37,777	$	33,281	$	31,720
Operating cash flows from finance leases	901		1,039		722
Financing cash flows from finance leases	9,003		6,206		2,533

The following table presents a maturity analysis of the Company’s lease liability by lease classification at December 31, 2025:


(dollars in thousands)	Operating Leases		Finance Leases
2026	$	39,743	$	9,757
2027	38,359		3,750
2028	34,428		2,886
2029	31,705		1,498
2030	27,363		1,533
Thereafter	96,184		10,446
Total undiscounted lease payments	267,782		29,870
Amounts representing interest	(41,158)		(4,072)
Lease liability	$	226,624	$	25,798