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Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Schedule of Information Related to Company's Leases and Lease Expense

Information related to the Company’s leases is presented below as of September 30, 2024 and December 31, 2023:

									September 30,						December 31,
			Classification						2024						2023
Right-of-use assets:
Operating leases			Operating lease right-of-use assets						$	47,346					$	54,295
Finance leases			Premises and equipment, net						1,173						1,256
Total right-of-use assets									$	48,519					$	55,551
Lease liabilities:
Operating leases			Operating lease liabilities						$	59,584					$	67,643
Finance leases			Borrowings						1,254						1,326
Total lease liabilities									$	60,838					$	68,969
Weighted average remaining lease term (in years) -     operating									11.1						11.6
Weighted average remaining lease term (in years) -     finance									10.6						11.4
Weighted average discount rate - operating									3.41		%				3.39		%
Weighted average discount rate - finance									1.76		%				1.76		%

The components of total lease expense included in the consolidated statements of income were as follows:

									Three Months Ended												Nine Months Ended
									September 30,												September 30,
			Classification						2024						2023						2024									2023
Operating lease costs:
Amortization of right-of-use asset			Occupancy and equipment						$	1,362					$	2,104					$	5,048								$	6,226
Short-term lease cost			Occupancy and equipment						96						133						282									397
Variable lease cost			Occupancy and equipment						321						238						1,024									862
Gain on lease modifications and     terminations			Occupancy and equipment						—						—						—									(73)
Finance lease costs:
Interest on lease liabilities			Interest expense on borrowings						6						6						17									18
Amortization of right-of-use asset			Occupancy and equipment						28						28						83									83
Sublease income			Occupancy and equipment						(96)						(254)						(407)									(750)
Total lease cost									$	1,717					$	2,255					$	6,047								$	6,763

Schedule of Maturity Analysis of Operating Lease Liabilities

A maturity analysis of operating and finance lease liabilities and a reconciliation of cash flows to lease liabilities as of September 30, 2024 is as follows:

			Operating						Finance
			Leases						Lease
Lease payments due:
September 30, 2025			$	2,154					$	30
September 30, 2026			8,290						121
September 30, 2027			8,016						123
September 30, 2028			7,554						125
September 30, 2029			6,579						127
Thereafter			40,285						850
Total undiscounted future minimum lease payments			72,878						1,376
Less: imputed interest			(13,294)						(122)
Lease liabilities			$	59,584					$	1,254

Schedule of Maturity of Finance Lease Liabilities

A maturity analysis of operating and finance lease liabilities and a reconciliation of cash flows to lease liabilities as of September 30, 2024 is as follows:

			Operating						Finance
			Leases						Lease
Lease payments due:
September 30, 2025			$	2,154					$	30
September 30, 2026			8,290						121
September 30, 2027			8,016						123
September 30, 2028			7,554						125
September 30, 2029			6,579						127
Thereafter			40,285						850
Total undiscounted future minimum lease payments			72,878						1,376
Less: imputed interest			(13,294)						(122)
Lease liabilities			$	59,584					$	1,254

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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X

- References

No definition available.

+ Details

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X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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