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Leases (Tables)
 9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Lease Cost and Supplemental Cash Flow Information
The following table presents the components of lease expense, which is included in net occupancy expense on the Consolidated Statements of Income (in thousands):
 
 
Three months ended
 
Nine months ended
 
 
September 30, 2019
 
September 30, 2019
Operating lease expense
$
4,654

 
$
14,140

Variable lease expense
786

 
2,156

Sublease income
(239
)
 
(610
)
Total lease expense
$
5,201

 
$
15,686


Supplemental cash flow information related to operating leases was as follows (in thousands):
 
Nine months ended
 
September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
$
13,913

ROU assets obtained in exchange for lease obligations
115,681
Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases was as follows (dollars in thousands):
Operating Leases
Balance Sheet Classification
September 30, 2019
ROU assets
Other assets
$
104,746

Lease liabilities
Other liabilities
$
111,617

Weighted average remaining lease term
 
8.3 years

Weighted average discount rate
 
3.05
%
Schedule of Lease Payment Obligations For Each of the Next Five Years
Lease payment obligations for each of the next five years and thereafter, with a reconciliation to the Corporation's lease liability were as follows (in thousands):
Year
Operating Leases
For the three months ending December 31, 2019
$
6,304

2020
18,761

2021
17,623

2022
16,349

2023
14,094

Thereafter
54,809

Total lease payments
127,940

Less: imputed interest
(16,323
)
Present value of lease liabilities
$
111,617