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Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Schedule of Premises and Equipment

Premises and equipment include:

		December 31,
(in thousands)		2022				2021
Land and improvements		$	57,817			$	58,534
Buildings and improvements			216,593				222,407
Furniture and equipment			111,259				109,159
Total cost			385,669				390,100
Accumulated depreciation and amortization			(212,733	)			(208,254	)
Right of use assets			47,956				47,170
Total premises and equipment, net		$	220,892			$	229,016

Future Minimum Lease Payments Under Non-cancellable Leases

Future minimum lease payments under non-cancellable leases with initial or remaining lease terms in excess of one year at December 31, 2022 are as follows (in thousands):

Year		Operating Leases			Finance Leases			Total
2023		$	4,812		$	951		$	5,763
2024			4,477			957			5,434
2025			4,345			927			5,272
2026			4,223			875			5,098
2027			3,720			653			4,373
2028 and thereafter			34,123			9,907			44,030
Total lease payments		$	55,700		$	14,270		$	69,970
Less: capitalized interest			(12,743	)		(4,515	)		(17,258	)
Present value of lease liabilities		$	42,957		$	9,755		$	52,712

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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Schedule of future minimum rental payments for operating and finance leases.

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