XML 30 R15.htm IDEA: XBRL DOCUMENT
v3.22.4

Leases (Notes) | 12 Months Ended
--- | ---
Dec. 31, 2022
Leases [Abstract] |
Lessee, Operating Leases [Text Block] | LEASES The Company has banking and limited-service facilities, data centers, and certain equipment under lease agreements. Most of the leases expire between 2023 and 2028 and include one or more renewal options for up to 5 years. One lease expires in 2030 and another in 2031. All leases are classified as operating leases.
|  | For the year ended December 31,
($ in thousands) |  | 2022 |  | 2021
Operating lease cost |  | $ | 5,868 |  |  | $ | 4,877 |
Short-term lease cost |  | 814 |  |  | 833 |
Total lease cost |  | $ | 6,682 |  |  | $ | 5,710 |
Payments on operating leases included in the measurement of lease liabilities during the twelve months ended December 31, 2022 and 2021 totaled $5.8 million and $5.2 million, respectively. Right-of-use assets obtained in exchange for lease obligations totaled $9.5 million and $5.7 million during the twelve months ended December 31, 2022 and 2021, respectively. The additions in 2022 were primarily from lease renewals. The additions in 2021 were primarily from the First Choice acquisition. In 2021, an impairment of $1.1 million was recognized on right-of-use assets concurrent with the announced closure of certain leased locations. For further discussion see “Note 7 – Fixed Assets.” Supplemental balance sheet information related to leases is as follows:
($ in thousands) | December 31, 2022 |  | December 31, 2021
Operating lease right-of-use assets, included in other assets | $ | 17,355 |  |  | $ | 13,483 |
Operating lease liabilities, included in other liabilities | 18,038 |  |  | 14,865 |
Operating leases |  |  |
Weighted average remaining lease term | 5 years |  | 4 years
Weighted average discount rate | 2.5 | % |  | 2.0 | %
Maturities of operating lease liabilities are as follows:
($ in thousands) |  |  |  |
Year | Amount |
2023 | $ | 5,352 |  |  |  |
2024 | 4,402 |  |  |
2025 | 3,096 |  |  |
2026 | 3,148 |  |  |
2027 | 1,891 |  |  |
Thereafter | 1,182 |  |  |
Total operating lease liabilities, payments | 19,071 |  |  |  |
Less: present value adjustment | 1,033 |  |  |  |
Operating lease liabilities | $ | 18,038 |  |  |  |
Lessor income was $1.9 million for each of the twelve months ended December 31, 2022, and 2021.

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration