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Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Lease Cost and Supplemental Information
The following table presents the components of lease expense, which is included in net occupancy expense on the consolidated statements of income (dollars in thousands):
202320222021
Operating lease expense$19,372 $17,766 $16,345 
Variable lease expense3,160 3,017 1,384
Sublease income(1,111)(964)(860)
Total lease expense$21,421 $19,819 $16,869 
Supplemental cash flow information related to operating leases was as follows (dollars in thousands):
20232022
Cash paid for amounts included in the measurement of lease liabilities$20,898 $19,405 
ROU assets obtained in exchange for lease obligations20,184 18,715 
Supplemental Balance Sheet Information
Supplemental consolidated balance sheet information related to leases was as follows as of December 31 (dollars in thousands):
Operating LeasesBalance Sheet Classification20232022
ROU assetsOther assets$88,188 $85,103 
Lease liabilitiesOther liabilities$95,230 $93,883 
Weighted average remaining lease term6.48 years6.75 years
Weighted average discount rate3.34 %2.89 %
Lease Payment Obligations
Lease payment obligations for each of the next five years and thereafter, with a reconciliation to the Corporation's lease liability were as follows (dollars in thousands):
YearOperating Leases
2024$20,391 
202518,299 
202616,603 
202714,204 
202811,022 
Thereafter25,948 
Total lease payments106,467 
Less: imputed interest(11,237)
Present value of lease liabilities$95,230