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Commitments and Contingent Liabilities (Tables) | 9 Months Ended
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Sep. 30, 2020
Commitments And Contingencies Disclosure [Abstract] |
Summary of Minimum Annual Rental Commitments for Operating Leases | The minimum annual rental commitments for operating leases subsequent to September 30, 2020, exclusive of taxes and other charges, are summarized as follows:
|  | Minimum Rental Commitments |
2020 |  | $ | 1,114 |
2021 |  |  | 4,148 |
2022 |  |  | 2,380 |
2023 |  |  | 1,382 |
2024 |  |  | 1,249 |
Thereafter |  |  | 2,148 |
Total |  | $ | 12,421 |
Summary of Contract or Notional Amount of Outstanding Loan and Lease Commitments | The following table summarizes the contract or notional amount of outstanding loan and lease commitments at September 30, 2020 and December 31, 2019:
|  | September 30, 2020 |  |  | December 31, 2019 |
|  | Fixed Rate |  |  | Variable Rate |  |  | Total |  |  | Fixed Rate |  |  | Variable Rate |  |  | Total |
Commitments to extend credit |  | $ | 85,886 |  |  | $ | 962,547 |  |  | $ | 1,048,433 |  |  | $ | 55,852 |  |  | $ | 908,382 |  |  | $ | 964,234 |
Letters of credit |  |  | 580 |  |  |  | 61,863 |  |  |  | 62,443 |  |  |  | 724 |  |  |  | 65,514 |  |  |  | 66,238 |
Total |  | $ | 86,466 |  |  | $ | 1,024,410 |  |  | $ | 1,110,876 |  |  | $ | 56,576 |  |  | $ | 973,896 |  |  | $ | 1,030,472 |

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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
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