Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Premises and equipment are described as follows:


	Estimated Useful Life	2023		2022
	(dollars in thousands)
Land	Indefinite	$	14,499	$	13,860
Buildings and improvements	10-50 years	74,622		70,844
Operating lease right of use asset	1-25 years	59,367		51,499
Leasehold improvements	5-40 years	39,752		37,398
Furniture and equipment	3-7 years	78,868		76,879
Software	3-7 years	45,218		44,439
Subtotal		312,326		294,919
Less accumulated depreciation and amortization		191,311		179,813
Total premises and equipment, net		$	121,015	$	115,106

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

The following table reconciles future minimum lease payments due under non-cancelable operating leases (those amounts subject to recognition) to the lease liability as of December 31, 2023 (dollars in thousands):



For the twelve months ended December 31,
2024	$	5,845
2025	5,621
2026	5,150
2027	4,884
2028	4,695
Thereafter	36,749
Total future minimum lease payments	62,944
Less remaining imputed interest	13,617
Operating lease liability	$	49,327

Lease, Cost

The following table represents the lease costs and other lease information for the years ended December 31.


	2023			2022
	(dollars in thousands)
Balance sheet:
Operating lease asset classified as premises and equipment	$	45,005		$	40,747
Operating lease liability classified as other liabilities	49,327			45,149
Income statement:
Operating lease cost classified as occupancy and equipment expense	$	6,089		$	4,990

Weighted average lease term, in years	13.19			13.95
Weighted average discount rate	3.54		%	3.29		%
Operating cash flows	$	6,169		$	4,838