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Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of Components of Lease Expense he following table presents the components of lease expense, which is included in net occupancy expense on the consolidated statements of income:
Three months ended June 30Six months ended June 30
2024202320242023
(dollars in thousands)
Operating lease expense$7,633 $4,751 $12,697 $9,592 
Variable lease expense716 773 1,480 1,557 
Sublease income(300)(292)(583)(540)
Total lease expense$8,049 $5,232 $13,594 $10,609 
Schedule of Supplemental Lease Information
Supplemental consolidated balance sheet information related to leases was as follows:
Operating LeasesBalance Sheet ClassificationJune 30, 2024December 31, 2023
(dollars in thousands)
ROU assetsOther assets$131,796 $88,188 
Lease liabilitiesOther liabilities$138,389 $95,230 
Weighted average remaining lease term9.23 years6.48 years
Weighted average discount rate5.14 %3.34 %
Supplemental cash flow information related to operating leases was as follows:
Three months ended June 30Six months ended June 30
2024202320242023
(dollars in thousands)
Cash paid for amounts included in the measurement of lease liabilities$5,662 $4,844 $11,272 $9,770 
ROU assets obtained in exchange for lease obligations47,446  52,993 9,018 
Schedule of Lease Payment Obligations For Each of the Next Five Years
YearOperating Leases
Remaining in 2024$12,616 
202523,741 
202622,122 
202719,830 
202816,622 
Thereafter79,672 
Total lease payments174,603 
Less: imputed interest(36,214)
Present value of lease liabilities$138,389